Sale Transaction

Parker Square Medical Office Building Trades For $2,100,000

By July 30, 2014 No Comments

Parker, CO – NavPoint Real Estate Group is pleased to announce the sale of the 13,674 SF Medical office building at 19641 E Parker Square Drive in Parker. The seller was Parker Square Medical Center, LLC, A Colorado Limited Liability Company. The Purchaser was Nalu, LLC., A Colorado Limited Liability Company By Texas Escrow Company, Inc. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. Patricia Wassik of Health Connect Properties, Inc., represented the seller. This transaction successfully closed June 25, 2014 for $2,100,000. This asset has convenient access to Denver via E-470, Parker Road or Lincoln Ave, and is in close proximity to Parker Adventist Hospital. The class B medical professional office building is highly visible from South Parker and Hilltop Road, surrounded by numerous retail services and restaurants. The building was constructed in 1984 and is comprised of 2.027 Acres.

With this most recent sale, NavPoint Real Estate Group has closed over $50,000,000 in sale and lease transactions thus far in 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.