Arvada Light Industrial Parcel Sells for $773,000

Announcing the Sale of 6762 Fig Street, Arvada

Denver, CO – February 4, 2021 – Madison Commercial Properties is pleased to announce the sale of 6762 Fig Street, Arvada, Colorado. The vacant light industrial parcel, consisting of 2.10 acres sold on February 3, 2021 for $773,000 or $8.45 per square foot. The parcel is in a business park and will be developed into flex space for use by the owner.

Jessica Smith and Todd Brown, Associate Brokers with Madison Commercial Properties, represented both the Buyer and Seller.

“With increased population growth and strong demographics, the northern sector continues to be of interest to both investors and owner-users alike. This parcel was of particular interest to the Buyer due to business growth opportunities. The Buyer has entitlement well-underway and is expected to break ground later this year.” stated Jessica Smith, Associate Broker with Madison Commercial Properties.