Sale Transaction

NavPoint Real Estate Group Sells Four Building Portfolio in Brighton for $3,047,500

By August 1, 2018 No Comments

Brighton, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of a mixed-use portfolio of four buildings on Main Street in Downtown Brighton, totaling 37,392 square feet.  The first property closed in July 2017 while the last closed in July 2018. The portfolio consisted of:

  • 50 N Main – 9,192 SF two-tenant retail building occupied by a local restaurant and gym. The transaction closed on 7/24/17 at a sales price of $905,000. The property was purchased by a local investor.
  • 130 S Main – 8,500 SF two-tenant income producing flex/retail building occupied by two daycare providers. The transaction closed on 1/23/18 at a sales price of $840,000. The property was purchased by a local investor.
  • 29 N Main – 7,200 SF multi-tenant office/retail building. The transaction closed on 6/20/18 at a sales price of $530,000. The property was purchased by an owner/user.
  • 33 N Main – 12,500 SF single tenant industrial/retail building. The transaction closed on 7/9/18 at a sales price of $772,500. The property was purchased by an owner user.

All four properties are conveniently located in the Historic District of Downtown Brighton.  Matt Call and Jason Mayer of NavPoint Real Estate Group represented the seller in all four transactions.