Lone Tree, CO – November 11, 2024 – NavPoint Real Estate Group announces the sale of a 5,634 square-foot restaurant located at 9228 Park Meadows Dr. The property sold for a total of $4,010,000, marking a significant transaction in the local commercial real estate market.
The seller, Douglas County Board of Commissioners, was represented by Jeff Brandon, a seasoned broker with NavPoint Real Estate Group. His expertise and dedication were instrumental in securing a smooth transaction that met the seller’s objectives. The buyer, Kurt Ghiardi, recognized the property’s prime location and potential future in one of Lone Tree’s most desirable areas.
Jeff had previously represented Douglas County Board of Commissioners on the building acquisition and strategically sourced buyers off-market to facilitate a successful sale transaction. “Per seller’s request, we didn’t market the building for sale on the open market. I was able to utilize my extensive network of contracts in the local area interested in relocating to the Lone Tree entertainment district.”
The restaurant is strategically situated near the popular Park Meadows shopping area, offering high visibility and access to a steady stream of foot traffic. Its versatile layout, which includes spacious dining areas, a well-equipped kitchen, and ample parking, makes it an attractive investment opportunity for the new owner.
NavPoint Real Estate Group is a leading commercial real estate firm specializing in the sale, leasing, and management of properties, with a proven track record of completing approximately $1.4 billion in transactions. The company’s knowledgeable team provides customized real estate solutions to meet the diverse needs of clients across various sectors.
For more information on NavPoint Real Estate Group’s services, please visit NavPoint’s website.
