Cushman & Wakefield Sells Fully Leased Retail Property At 14588 Delaware St For $5.42M

The property involved in the transaction is a fully leased retail asset located at 14588 Delaware Street in Westminster, Colorado. The sale price for the 4,354-square-foot retail property was $5,416,650, translating to $1,244 per square foot. Postino WineCafe is the tenant under an absolute NNN lease, ensuring a stable income for the new owner. The property benefits from strong visibility and access to major highways, situated within The Orchard Town Center and surrounded by both residential and commercial developments.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,416,650
• Square Footage: 4,354
• Address: 14588 Delaware Street
• Market: Westminster, CO
• Price Per Square Foot: $1,244
• Brokers: Chris Hollenbeck, Shane Carter & Mitch Veremeychik - Cushman & Wakefield

Cushman & Wakefield managed the sale of the retail property, bringing together the buyer and seller through their experienced brokerage team. The transaction highlights the involvement of high-level brokerage representatives, Chris Hollenbeck, Shane Carter, and Mitch Veremeychik, who facilitated the deal, ensuring a seamless process for the parties involved.