Sale Transaction

NavPoint Real Estate Group Sells 4,680 SF of Office/Flex Space in Centennial for $1,050,000

By December 5, 2019 No Comments

Centennial, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of Southgate Commons Building A, a rare small-office building located at 7076 S Alton Way. Situated between Arapahoe Road and Dry Creek Road this building has easy access to I-25 and close proximity to a myriad of restaurants and retail businesses.

Built in 1979, this space was recently renovated with upgraded finishes making the space a great owner/user opportunity. The space consists of 4,680 SF with one hundred percent office finish, and current furnishings were included in the sale.

“Southgate Commons continues to be a highly desirable location for many buyers as it’s so close to I-25 and so many great restaurant and entertainment amenities.” said Matt Kulbe of NavPoint Real Estate Group. “Over the last 18 months, 6 of the buildings in the park have traded after very little time on the market, proving how difficult it is to find smaller office/flex buildings in the current market.”

Matt Kulbe of NavPoint Real Estate Group represented the seller, SPL Capital, LLC, in this transaction. The buyers, Ronald and Sherene Smith, was represented by Eric Gold of Sheldon-Gold Realty Inc. This transaction successfully closed in November 2019.