DENVER, CO – [March 31, 2025] – Blue West Capital has completed the sale of a single-tenant retail property located at 1455 South Pearl Street in Denver, CO, for $1,293,759 at $738 per square foot.
Josh Lorenzen and Robert Edwards represented both the seller and the buyer in the transaction. The buyer, a local all-cash investor not involved in a 1031 exchange, is a bookstore operator who plans to continue running the business under the same name.
The property is home to Second Star to the Right, a beloved children’s bookstore that has long served as a local favorite for families and book lovers. The new ownership aims to preserve its legacy and community presence.
South Pearl Street’s limited retail availability and strong local demographics have driven consistent value appreciation, with the corridor currently posting a remarkably low 0.8% vacancy rate (source: CoStar). As a result, investor and owner-user demand for properties in this area remains strong.
We’re thrilled that this neighborhood bookstore will continue to serve the community under its new ownership. Nearly everyone we spoke with—property owners and residents alike—knows and loves this store, and they’re excited to see it stay part of the neighborhood. This marks the third property we’ve sold along South Pearl Street in the past eight months, and demand continues to be strong. We currently have another property available for sale at 1101–1115 South Pearl Street."
Josh Lorenzen, Associate
PR Contact
Josh Lorenzen
(720) 821.2520
Josh@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.
- 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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