CoStar | Former Circuit City in Lakewood Trades for $2.6M

Developer Buys 33,305-SF Retail Bldg.

By Nina Thilert

July 18, 2011 DCL Concepts LLC, a developer based in Littleton, CO, acquired the former Circuit City building at 5155 S. Wadsworth Blvd. in Lakewood from Lincoln Financial Group for $2.55 million or $77 per square foot.

The one-story, 33,305-square-foot retail structure was built in 1997 and was vacant for approximately three years prior to the sale.

Michael Lapporte of David Hicks & Lampert Brokerage Inc. represented the buyer. Rich Hobbs with Crosbie Real Estate Group represented the seller.

Please refer to CoStar COMPS #2118777 for more information on this transaction.

Read more:  http://www.costar.com/News/Article/Former-Circuit-City-in-Lakewood-Trades-for-$26M/130447
Posted by:  Crosbie Real Estate Group
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