September 7, 2022
Announcing the Sale of 19750 E Parker Sq Dr in Parker, CO.
Denver, CO – September 7, 2022 – Madison Commercial Properties is pleased to announce the sale of a 5,796 square foot medical office building in Parker, CO. The owner/user building is located in the Greater Downtown Area District on .58 acres of land, and sold on September 6, 2022 for $1,695,500 or $292.53 per square foot.
Shelli Mango, Commercial Real Estate Advisor, and Jessica Smith, Senior Commercial Real Estate Advisor both with Madison Commercial Properties, represented the Seller, Da Vinci, LLC in the transaction. Mike Haley, Associate Broker, and John Becker, Senior Vice President, both with Fuller Commercial Real Estate, represented the Buyer, Skori, LLC.
“A portion of the building has an active lease, and the buyer will renovate much of the building for owner-use as a dental practice. This property had numerous offers, and we closed above list price as we are still experiencing a very strong market in Parker with very little inventory of existing buildings for both owner user-use, as well as for long-term investments,” states Shelli Mango, CRE Advisor with Madison Commercial Properties.