5420 Ward Rd
Arvada
80002
2000
23,646
Office

About the Property

DeCook Metro-Tech LLC sold this 23,646 square foot property to Colorado Floor Company for $4,400,000 or $186.08 per square foot. The property was on the market for approximately 13 months. We negotiated to have this property under contract while we sold CFC HQ. This allowed us ample time to find a qualified buyer and perform a 1031 exchange. The information in the comparable has been verified by the listing brokers and the buyer broker, Tanner Fanello.

Property Location

Highlights

Transaction Details

Sale Date Feb 26, 2024

Sale Price $4,400,000

Price/SF $186.08

Asking Price $4,500,000

Price Discount $1000,000 (2%)

Hold Period 20+ Years

On Market 399 Days

Recording Date Feb 26, 2024

Sale Type Owner User Purchase

Sold
$4,400,000

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Contact Information
Tanner Fanello
Testimonials

Hear from our Satisfied Clients.

We pride ourselves on delivering exceptional service and results, and our clients' feedback.

Thank you to Mr. Bob Leino for recommending Tanner to market the Assistance League of Denver properties. One, a historic house and the other a commercial building on Colfax both used by ALD. Tanner offered valuable suggestions on how to market our properties to a successful and timely closing on both. Tanner is very professional with a charming personality and I wouldn’t hesitate to use him again as would many of our volunteers.

Diana Goldsberry
President of Assistance League of Denver

We used Tanner twice to lease units in our industrial property. He was recommended by a friend, and he did an excellent job. He understood what we needed and brought us excellent tenants. He communicated with us throughout the entire listing. He also referred us to an excellent attorney for drafting the lease agreement. We will us Tanner again and would highly recommend his services.

LeRoy and Vicki
Owner of Multi-Tenant Industrial

The Colorado Floor Company has worked closely with Tanner over the past several years. Over that time span, he helped us sell a building and purchase 2. His knowledge and experience has been a great help for us for sure. I strongly recommend using Tanner for any of your commercial building needs!

Kevin Paulson
Owner Colorado Floor Company

Wow, I think I might have just met the hardest working broker ever. Your efforts in pulling both sides together, watching the financing and keeping us informed of the process was some of the most professional I've ever experienced. Without a doubt I would highly recommend your abilities to anyone entering or exiting the commercial market.

Mike Conroy
Retired - Owner Champion Ent. Inc
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