Source: Colorado Real Estate Journal, Sept. 1, 2021, p. 44: Hampden Building LLC purchased the 28,696 sf office building at 7200 E. Hampden Ave. in Denver from seller APS&E LLC. The Class B property traded for $4 million, representing an approx. 6.5% cap rate. David Gagliano and Jason File of Fuller Real Estate represented the seller in the deal, while the buyer went unrepresented. Built in 1980, the 3-story building was 93% occupied at the time of sale by more than a dozen tenants, including a kitchen remodeler and a chiropractor. According to the Fuller team, the buyer is an office investor from Brooklyn, New York, that plans to hold the asset long-term and enjoy its steady cash flow.
Fuller Sells 7200 E. Hampden Ave.
