SVN | Denver Commercial, one of Colorado’s top producing real estate investment brokerage firms, is pleased to announce the sale of 8586 E Arapahoe Rd in Centennial. The 6210 sq. ft. retail property was sold for $ 3,300,000.
Kevin Matthews and Troy Meyer with SVN | Denver Commercial represented the Seller, Arapyos LLC. Joe Awad with HRE Group represented the Buyer.
Located on a premier hard corner in Centennial on Arapahoe & Yosemite and with close proximity to I-25, this property received immediate interest. The property sold at full list price, including multiple competing offers in the first week on the market with three backup offers. The all-cash deal went from contract to close in 30 days.
“Upon hitting the market, the property had a significant amount of interest. There were multiple competing bids, and within a week the property was under contract at the full asking price, all cash,” said Kevin Matthews. “We are still seeing a huge market for retail properties in fantastic locations.”
About the Team & SVN
The Meyer/Matthews Team has sold 5 Colorado Investment Properties in the past 45 days and 20 in the past 18 months. The team specializes in retail, office, and medical investment properties along the Front Range and STNL assets nationwide. With more than 40 years of combined experience, they have secured numerous transactions valued at more than $1 billion.
SVN | Denver Commercial, one of Colorado’s top producing commercial real estate brokerage firms, with offices in Denver and Fort Collins. The firm assists real estate owners, investors, and occupiers throughout the state of Colorado and beyond by offering strategic advice and execution for property leasing and sales; property management; corporate services; investment management; research and investment strategy; and consulting. Most recently, the firm was recognized as SVN Firm of the Year in 2018 out of 200 offices globally and consistently ranks in the top 10 for production. For more information, visit www.svncolo.com.
The SVN organization is a globally recognized commercial real estate entity united by a shared vision of creating value for clients, colleagues, and communities. Currently, SVN comprises over 1,600 advisors and staff working in more than 200 offices across the globe. For more information, visit www.svn.com.
Contact:
Kevin Matthews | Managing Director | 303.974.5893 | kevin.matthews@svn.com
Troy Meyer | Managing Director | 303.974.5737 | troy.meyer@svn.com
