Sale Transaction

NavPoint Real Estate Group Closes Hotel & Retail Land in Golden, CO

By February 27, 2017 June 25th, 2018 No Comments

NavPoint Real Estate Group is pleased to announce the sale of 3.02 acres to Origin Red Rocks a boutique hotel offering 123 rooms and 5.0 acres of retail land to Avalanche Harley-Davidson. The seller was Gateway Investments an investment entity founded by Northstar Commercial Partners. The buyers were Golden Hotel Group, LLC and Avalanche Harley-Davidson. Heather Taylor and Matt Call of NavPoint Real Estate Group represented the seller. These deals successfully closed in December 2016. Avalanche Harley-Davidson is estimated to employ up to 90 people and host more than 100 events each year, catering to the local motorcycle community. The Avalanche Harley-Davidson dealership will sell and lease both new and used motorcycles with full motorcycle service and financing, as well as a fully stocked retail store. The Origin Red Rocks hotel will cater to Red Rocks Amphitheater and many other customers exploring beautiful Colorado. Gateway Village encompasses 22 acres designated for mixed-use development such as retail, restaurant, bar, and event space located at I-70 Exit 259 and Hwy. 40, just west of the I-70 and 470 junctions. This new, regional retail project will also include a hotel, gas station convenience store, dining, and much more! There is still room in the retail project which is almost 50% preleased and a few pad sites available for sale or build-to-suit. It has high visibility from both routes with extremely high traffic counts and is adjacent to the RTD Dinosaur Park and Ride lots.