Industrial Property At 5540-5565 Gray Street Sold For $2.6 Million With Unique Properties Rep

A 15,000-square-foot industrial warehouse located at 5540-5565 Gray Street in Arvada, CO, has been sold for $2.6 million. The property has a price per square foot of $173 and was 16% leased at the time of sale. The new owners intend to occupy 2,500 square feet of the space.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,600,000
• Square Footage: 15,000
• Address: 5540-5565 Gray Street
• Market: Arvada, CO
• Price per Square Foot: $173

Michael DeSantis and Brett MacDougall from Unique Properties Inc./TCN Worldwide represented the transaction. Their involvement facilitated the sale and transition of the property to the new owners.