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:$26M/130447
Posted by:  Crosbie Real Estate Group

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s