Sale Transaction

NavPoint Real Estate Group Executes Sale of Multi-Tenant NNN Investment Property

By November 13, 2014 No Comments

Loveland, CO – NavPoint Real Estate Group is pleased to announce the sale of 3850 – 3880 N. Grant in Loveland, for $3,535,000. This multi-tenant NNN Investment property comprises two medical office buildings located on the corner of Highway 287 and W. 39th St. The building at 3850 N. Grant is a 15,150 SF two story building, built in 1996. The building at 3880 N. Grant is a 8,940 SF single story building, built in 1999. This 24,040 SF multi-tenant investment is fully leased, tenants include; A Step Ahead Foot & Ankle Center, Loveland Family Practice, Urgent Care, High Plains Physical Therapy, Colorado Health Medical Group, Banner Medical Clinic, and more. The seller was SK Sun, LLC, a Colorado limited liability company, and the buyer was DDIT Texas, LLC, a Texas limited liability company. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. This transaction successfully closed October 30, 2014.

NavPoint Real Estate Group is a comprehensive Commercial Real Estate Services and Investment Firm with office locations in Denver, Castle Rock and Colorado Springs, Colorado. The company provides a wide array of services including Exclusive Brokerage Representation, Property/Asset Management, Consulting, and Investment throughout Colorado and the Western US covering all Commercial Property types. NavPoint brings an acute local market understanding combined with national reach and access to credit tenants and buyers to every client assignment. The firm is currently involved in the exclusive brokerage, ownership, or management or over 1,000,000 SF of commercial real estate covering all property types.