DePaul Real Estate Advisors is pleased to announce the sale of 2727 South Parker Road. Mr. Jarod Pate of DePaul Real Estate Advisors represented the seller and Mr. Benjamin Cheang of All Pro Realty of Denver represented the buyer.
The 13,500 square foot building sits on a 2-acre outparcel to a high-volume HMart grocery store. It’s location at the corner of South Parker Road and Yale Avenue has excellent visibility to the 44,000 vehicles per day on Parker Road. In addition to being a strong commuter corridor, the daytime population – 21,000 businesses and 234,000 employees in the surrounding area – caught the interest of retailers and investor-developers alike.
DePaul Real Estate Advisors, as agent for the seller, employed a targeted marketing campaign that was respectful of the business operations in Denver’s tight labor market. DePaul generated offers from several qualified buyers whose profiles ranged the spectrum from owner-users to infill redevelopment investors.