6,650 SQ/FT Flex-Industrial Condo Sells for $1,100,000 in Englewood

$1,100,000

October 22, 2021

Announcing the Sale of 7328 S. Revere St. in Englewood, CO.

Denver, CO – November 2, 2021 – Madison Commercial Properties is pleased to announce the sale of 7328 S. Revere Parkway in Englewood.  The 6,650 square foot flex-industrial condo, located in the Revere Business Park, sold on October 22, 2021, for $1,100,000 or $165 per square foot.

Pete Foster, Commercial Real Estate Advisor with Madison Commercial Properties represented the local Buyer, 7328 S Revere St, LLC, in the transaction.  Jeff Brandon with NavPoint Real Estate Group represented the Seller.

“The Colorado Industrial market is highly competitive and demand for this product type is at an all-time high so brokers/buyers need to closely monitor the market on a daily basis in order to win deals.  With this property, we were able to identify and tour within hours of hitting the market and guide our client in submitting a competitive offer that was accepted and ultimately closed in a timely fashion,” stated Pete Foster, Commercial Real Estate Advisor with Madison Commercial Properties.