DENVER, CO – [May 16, 2025] – Blue West Capital is pleased to announce the successful sale of a two-tenant retail property located at 264 Union Boulevard in Lakewood, Colorado. The 7,786-square-foot building, formerly occupied by FirstBank, sold for $2.3 million.
Eric Diesch and Bryce McNeely of Blue West Capital exclusively represented the seller, FirstBank. The buyer is a local medical practice, Elevation Dermatology.
At the time of sale, the property was 48% leased to Mile High Denture & Implant Centers. Located along the highly trafficked Union Boulevard corridor, the property benefits from exposure to more than 43,500 vehicles per day and sits within a dense daytime population surrounded by major employment drivers. Its flexible configuration and central location generated strong interest from users, investors, and developers.
Opportunities in this trade area are limited, and we received significant attention from national and local buyers. We generated multiple offers and ultimately sold the asset above list price to an owner-user.
Eric Diesch, Director
Well-located assets continue to outperform expectations, even in a fragmented transaction environment. We received over seven offers within the first week of marketing and are proud to have successfully closed this transaction on behalf of FirstBank.
Bryce McNeely, Associate
PR Contact
Eric Diesch
(720) 794-8034
Eric@BlueWestCapital.com
About Blue West Capital
Blue West Capital is a commercial real estate advisory firm based in Denver, CO, specializing in maximizing property value, streamlining transactions, and enhancing client outcomes through industry expertise and integrated technology.
Our Services:
- Seller Representation: Customized strategies to optimize property sales.
- Buyer Representation: Access to exclusive investment opportunities.
- Tenant & Landlord Representation (Leasing): Expert guidance through the leasing process.
- 1031 Exchange: Real-time advisory and efficient tax-deferred exchanges.
- Sale-Leaseback: Strategic solutions tailored to client goals.
- Transaction Management: Secure and seamless deal execution.
- Debt & Structured Finance: Customized financing through extensive lending relationships.
Blue West Capital’s market knowledge and client-first approach make us a trusted partner in navigating complex commercial real estate transactions. Let's connect!
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