The URL can be used to link to this page

Browse Search

Home My WebLink About20091954.tiffCOLORADO CLERK TO THE BOARD PHONE (970) 336-7215, Ext. 4226 FAX: (970) 352-0242 P. O. BOX 758 GREELEY, COLORADO 80632 September 3, 2009 METAL SALES MANUFACTURING CORP 545 S 3RD ST STE 200 LOUISVILLE, KY 40202 RE: THE BOARD OF EQUALIZATION, 2009, WELD COUNTY, COLORADO - STIPULATE PETITIONER'S APPEAL AND AFFIRM ASSESSOR'S VALUE DESCRIPTION OF PROPERTY: ACCOUNT #: R4573406 PARCEL #: 131326201007 - FRE FWBCRA L1A BLK1 FREDERICK WEST BUSINESS CENTER RPLT A EXC W1.68AC HWY ALSO EXC BEG NW COR SEC SODO7'E 29.66' N89D53'E 50 N89D29'E 172.65' S20D46'W 218.73' TO TPOB TH S03D56'W 113.08' NOD02'W 92.13' TH N20D16'E 22.13' TO TPOB SITUS: 7990 E 1-25 FRONTA Dear Petitioner: On July 28, July 30, and August 5, 2009, the Board of County Commissioners of Weld County, Colorado, convened, and acting as the Board of Equalization, pursuant to Section 39-8-101, C.R.S., et.seq., considered the Stipulation on your petition of appeal of the County Assessor's valuation of your property described above, for the year 2009. The Stipulation was entered into between the Assessor and said petitioner(s), and accepted by the Board of Equalization, agreeing that the assessment and valuation of the Weld County Assessor be Stipulated as follows: ACTUAL VALUE AS DETERMINED BY ASSESSOR ACTUAL VALUE AS STIPULATED $4,992,993 $4,700,000 2009-1954 AS0073 4s; C4 /7 7{L.e'7`T2 ) or /07 METAL SALES MANUFACTURING CORP - R4573406 Page 2 If you have questions or need additional information, please do not hesitate to contact me at (970) 336-7215, Extension 4226. Very truly yours, %;V Esther E. Gesick Deputy Clerk to the Board cc: Christopher Woodruff, Assessor DUCHARME MCMILLEN & ASSOC INC 20830 NORTH TATUM BLVD SUITE 240 PHOENIX, AZ 85050 2009-1954 AS0073 07/16/2009 15:01 FAX 9703046433 • WELDCOUNTYASSESSOR 1002/003 2009 COUNTY BOARD OF EQUALIZATION WELD COUNTY ASSESSOR'S ACCOUNT NUMBER R4573406 STIPULATION (As To Tax Year 2009 Actual Value) RE PETITION OF: NAME: METAL SALES MANUFACTURING CORP 545 S 3RD ST STE 200 LOUISVILLE KY 40202 -177 Petitioner(s), METAL SALES MANUFACTURING CORP and the Weld County Assessor, hereby enter into this Stipulation regarding the tax year 2009 valuation of the subject property, and jointly move that the Board of Equalization to enter its order based on this Stipulation. Petitioner(s) and the Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: FRE FWBCRA L1A BLK1 FREDERICK WEST BUSINESS CENTER RPLT A EXC W1.68AC HWYALSO EXC BEG NW COR SEC SOD07'E 29.66' N89D53'E 50 N89D29'E 172.65' S20D46'W 218.73' TO TPOB TH 503056W 113.08' N0D02W 92.13' TH N20D16'E 22.13' TO TPOB SITUS: 7990 E 1-25 FRONTA 2. The subject property is classified as Industrial property 3. The County Assessor originally assigned the following actual value to the subject property for 2009. LAND: $1.310.741 IMPROVEMENTS: $3.682.252 TOTAL: $4.992.993 4. After further review and negotiation, the petitioner(s) and Weld County Assessor agree to the following actual value for the subject property. LAND: $1.017.745 IMPROVEMENTS: $3.682.255 TOTAL: $4,700.000 2009-1954 07/16/2009 15:01 FAX 9703046433 WELDCOUNTYASSESSOR a003/003 5. The valuations, as established above, shall be binding only with respect to tax year 2009. 6. Brief narrative as to why the reduction was made: Value was adjusted based upon the general market prices per sq. ft. that were in place in the base period, additionally the income was considered as backup for the market. 7. A hearing has not yet been scheduled before the Board of Equalization. DATED this 16 day of July, 2009. Petitioner(s) or Atto i ey A66- 66 - ii Petitioner(s) or Attorney Address: Address: Zo S3o nl TA -rum P)(..06, wr2J1D RHoEta t AZ Scoco Telephone: LAO -L/19 -23&Q x 2530 Telephone: County Assessor: ADDRESS: 1400 N.17th Avenue Greeley, CO 80831 (970) 353-3845 ext. 3856 VACANT LAND INDUSTRIAL 746,052 REAL AND PERSONAL PROPERTY NOTICE OF DETERMINATION Christopher M. Woodruff WELD Assessor 1400 N 17th Ave GREELEY, CO 80631 Date of Notice: 6/24/2009 Telephone: (970) 353-3845 Fax: (970) 304-6433 Office Hours: 8:00 AM - 5:00 PM HEDULE!ACCOUNT NO. 2009 AREA R4573406 1459 METAL SALES MANUFACTURING CORP 545 S 3RD ST STE 200 LOUISVILLE, KY 40202 6. FRE FWBCRA L1A BLK1 FREDERICK WEST BUSINESS CENTER RPLT A EXC W1.68AC HWY ALSO EXC BEG NW COR SEC S0D07'E 29.66' N89D53'E 50 N89D29'E 172.65' S20D46'W 218.73' TO TPOB TH S03D56'W 113.08' N0D02'W 92.13' TH N20D16'E 22.13' TO TPOB SITUS: 7990 E I- 25 FRONTA 7990 E 1-25 FRONTAGE RD FREDERICK, CO 80530 ASSESSOR'S VALUATION 4,246,941 ACTUAL VALUE AFTER 746,052 4,246,941 $4,992,993 $4,992,993 The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest. The Assessor's determination of value after review is based on the following: LHO2 - No change has been made to the valuation of this property. Colorado law requires us to send this notice of denial for all properties on which we do not adjust the value. If you disagree with the Assessor's decision, you have the right to appeal to the County Board of Equalization for further consideration, § 39-8-106(1)(a), C.R.S. The deadline for filing real property appeals is July 15. The deadline for filing personal property appeals is July 20. The Assessor establishes property values. The local taxing authorities (county, school district, city, fire protection, and other special districts) set mill levies. The mill levy requested by each taxing authority is based on a projected budget and the property tax revenue required to adequately fund the services it provides to its taxpayers. The local taxing authorities hold budget hearings in the fall. If you are concerned about mill levies, we recommend that you attend these budget hearings. Please refer to last year's tax bill or ask your Assessor for a listing of the local taxing authorities. ISECIVED Please refer to the reverse side of this notice for additional rn orma ion. b0 :01 V b- DUCHARME MCMILLEN & ASSOC INC 20830 NORTH TATUM BLVD SUITE 240 PHOENIX AZ 85050 In I) JUL 1 2009 DMA-PHX 15 -OPT -AR PR 207-08/08 NOD #'. 2631 APPEAL PROCEDURES' County Board of Equalization Hearings will be held from July 1 through August 5 at 915 10th Street, Greeley, CO To appeal the Assessor's decision, complete the Petition to the County Board of Equalization shown below, and mail or deliver a copy of both sides of this form to: WELD COUNTY BOARD OF EQUALIZATION 915 10TH Street, P.O. Box 758 Greeley, Colorado 80632 Telephone (970) 356-4000 Ext, 4225 To preserve your appeal rights, your Petition to the County Board of Equalization must be postmarked or delivered on or before July 15 for real property and on or before July 20 for personal property — after such date, your right to appeal is lost. You may be required to prove that you filed a timely appeal; therefore, we recommend that all correspondence be mailed with proof of mailing. You will be notified of the date and time scheduled for your hearing. The County Board of Equalization must mail a written decision to you within five business days following the date of the decision. The County Board of Equalization must conclude hearings and render decisions by August 5, § 39-8-107(2), C.R.S. If you do not receive a decision from the County Board of Equalization and you wish to continue your appeal, you must file an appeal with the Board of Assessment Appeals by September 11. If you are dissatisfied with the County Board of Equalization's decision and you wish to continue your appeal, you must appeal within 30 days of the date of the County Board's written decision to ONE of the following: Board of Assessment Appeals District Court 1313 Sherman Street, Room 315 9° Avenue and 9th Street, P.O. Box C Denver, CO 80203 Greeley, Colorado 80632 (303) 866-5880 Telephone (970) 356-4000 Ext. 4520 www.dola.colorado.gov/baa Binding Arbitration For a list of arbitrators, contact the County Commissioners at the address listed for the County Board of Equalization. If the date for filing any report, schedule, claim, tax return, statement, remittance, or other document falls upon a Saturday, Sunday, or legal holiday, it shall be deemed to have been timely filed if filed on the next business day, § 39-1-120(3), C.R.S. PETITION TO COUNTY BOARD OF EQUALIZATION What is your estimate of the property's value as of June 30, 2008? (Your opinion of value in terms of a specific dollar amount is required for real property pursuant to § 39-8-106(1.5), C.R.S.) $ 4.400.000 What is the basis for your estimate of value or your reason for requesting a review? (Please attach additional sheets as necessary and any supporting documentation, i.e., comparable sales, rent roll, original installed cost, appraisal, etc.) The proposed 2009p10 ACTUAL Value does not reflect current fair market value and is. therefore, excessive. ATTESTATIO e unders gned wner or agent' o edher=in d n- n attach Signature v the property identified above, affirm that the statements is hereto are true and complete. MON:9.2sSra Ju IY 6, ?co, Telephone Number 1 Attach letter of authorization signed by property owner. Date 15 -OPT -AR PR 207-08/08 NOD A. 2631 DMA DUCHARME, MCMILLEN & ASSOCIATES, INC. CERTIFIED MAIL #7008 1140 0003 7203 6398 July 6, 2009 rd. Board of Equalization Weld County 915 10th St. Greeley, CO 80632 Re: Metal Sales Manufacturing Corp. 7990 E. I-25 Frontage Road, Frederick Parcel #131326201007 / Account #R4573405 To Whom It May Concern: DuCharme, McMillen & Associates, Inc. ("DMA, Inc.") is the duly authorized agent for the above referenced taxpayer. As such, we hereby appeal the Assessor's decision of the 2009p10 real estate assessment, based on our receipt of the Notice of Denial mailed on June 24, 2009. A signed and notarized Letter of Agency, as well as documentation supporting our requested assessment, is included. Pursuant to CRS 39-5-122(2) all correspondence and contact pertaining to this matter must be directed to our firm as the "person presenting the objection and protest". Our address and telephone numbers follow: DuCharme, McMillen & Associates, Inc. ATTN: Kim 1 Rogers 20830 North Tatum Boulevard, Suite #240 Phoenix, AZ 85050 (480) 419-2556, ext. 2530 (480) 419-2597, fax kirogers@dmainc.com If you have any questions, or require additional information, please call me at (480) 419- 2556, extension 2530. incely, v'' im J. Rog Senior Tax Enclosures cc: Everett Martin - Interlock Industries, Inc. NORTH AMERICA'S CHOICE FOR CORPORATE TAX SOLUTIONS 20830 N. Tatum Blvd., Suite 240 • Phoenix, AZ 85050-7263 • 480.419-2556• Fax: 480.419.2597 • www.dmainc,com Account Number: 82891604 Parcel Number: 131326201007 Owner Name: Interlock Industries, Inc. dba Metal Sales Manufacturing REAL PROPERTY QUESTIONNAIRE REAL PROPERTY QUESTIONNAIRE Attach additional documents as necessary. This approach to value uses comparable sales from the appropriate time period to determine the actual value of your property. The following items, if known, will help you estimate the market value of your property. If available, attach a copy of any appraisal or written estimate of value. Have similar properties in your immediate neighborhood sold within the 18 -month data gathering period? DATE SOLD PROPERTY ADDRESS SELLING PRICE ** SEE ATTACHED ** Based on these sales and accounting for differences between sold properties and your property, state the value of your property. $ 4,400,000 This approach to value uses replacement construction costs from the appropriate time period to determine the value of your property. The following items, if known, will help you estimate the replacement cost of your property. YEAR BUILT BUILDER ORIGINAL CONSTRUCTION COST List all changes made to your property prior to January 1 of the current year, i.e., remodeling of storefront; expansion of storage area; addition to parking, service or manufacturing area. DATE DESCRIPTION OF CHANGE COST Is your structure in typical condition for its age? If not, why? Based on the replacement cost of construction and of any changes, including depreciation, state the total value of your property. $ This approach to value converts economic net income from the appropriate time period into present worth. If the property was rented or leased, attach operating statements showing rental and expense amounts for this property. Indicate square foot rental rate for all tenants. (Attach rent and lease schedule) If known, list rents of comparable properties. If available, attach operating statements showing rental and expense amounts for comparable properties. If an appraisal using the income approach was conducted, please attach. L fates',.- 3,��`t'r ?ri 9thp`4', ,',s#n ,,,, k WSol�r,A TO.OO^,`c-"„ State your final estimate of the property's value. $ 4 , 400,000 15-AR-DPT ARL VOL 2 1-84 Rev 03-09 PROPERTY TAX LETTER OF AGENCY This authorizes: Agent's Name Business Address Telephone No. Date: DuCharme, McMillen & Associates, Inc. 20830 North Tatum Boulevard, Suite #240, Phoenix, AZ 85050 (480) 419-2556 Fax No. (480) 419-2597 to represent the undersigned in all matters of property tax assessments before any governmental assessing officials or any other authority having jurisdiction regarding the assessments levied on the following described property in Weld County, Colorado: Metal Sales Manufacturing Corp. a susidiary of Interlock Industries Inc. 7990 E. 125 Frontage Rd. Parcel #131326201007 This authorization is specific to the following tax year(s): 2009 and 2010 (Signature) rity (Corporate Title (Company) State of: County of: v -fir _ The foregoing instrument was duly acknowledged before me by Ili 1,3, 04 4 , for the uses and purposes therein expressed. (Typed Signature) Witness my hand and Notarial Seal, this 1 day of Notary Public My commission expires: ottA Y- zo,Z , 20 =r I E aE 0. Q N o = 2 N g2 W rt CE N Q V F O we N SALE PRICE CONDITION u. N 49 0 Q 2 J $4,992,993 ** e 0 n co m C. N co 0 W 2 N N N V m m A m r Y)OA f0 Nm m o m m n r 0 N V V m m M N N 6944(0494' 49 69 69 00000000 00000000 00000000 00 0001000 N m m V N r N O A V V M m m N N WMM49mVims a0 0Co o r z ems) O b O N N N g tVV ° C N qN N N N 4750 V N N m m N N 0 0 0 0 0 0 0 0 0 0 0 06 0 0 0 51 <<<<<<< OWOMOrWM N V N V m N N N 0 0 N O 0om v r 0 0 V m r o r WdvN tv O O m O r CO A N r m m r r 0 000 0 0 0 0 0 00000 00 0)NN0Ng NV O mmorm�N 0,(00,- my_ o U U 0 0 E E EWE L° ? N ?2 E cy E E o 2 iCUSUQH4 r NC) V mmr m II II Z. TABULATION OF ADJUSTMENTS N N rN C) V N mo r m `8 ma�AO, V `C'i.Nm a v v n M0))Co N 494969696969494, m., Dees a ee e zy 0 0 0 0 0 0 0 H a d N CJ 6 0 6 Cl eeeeeeee E o 0 0 0 0 0 0 0 0 00000000 9 ra eeeeeeee 0 0 0 0 0 0 0 0 O O O O m m 4,.Q eeeeeeee J �p 00000000 M 000000000 ' tid V o e e 0 e e 0 0 0 0 0 0 O m p O N N eeeeeee 00000000 4666666 eeeeeeve 0 0 0 0 0 0 0 0 00000000 O e e e e e e e e t/1 00000000 66666666 z r N 0 V N m A CO 22 2• 2 o tc r 0 0 0 co C 0 0 N C a t; g5; C C C 8 N EyN r N C N O 08 611ELt 0 oy o W on a E m g 0 3 N 0 t- 3EN O d O C Oo pU_ • A w o O z0 =pee m lanaie servilla_ uno 11 °EI Vado nyslde $town - S ` 4 e. Eldorado Spdri9u ervlr Crescent Village Twin Spruce •' pangolin.) of Pleasant VI o Ntwott ` .I Idaho Creek Qoodlrose ,. oPWmbs .. r°.@. 0 Confiekt +, °'oEde 0 alta Ni nonl �netti_ila `- Arapahoe Rd:yrrner t!j Loulsvllla1 Sopa 031 Golds Creeks•...•..: 'P!uor?1 Cody Park TAet ° Vfit 'Ethh 4120 Specialty PI 14402,1' 9 E;33 d PI 6101 Dexter St 251'E 104th Ave` 6101 Dexter St 1�381)Stnith Rd , 12520 Grant Dr 1,OQ0'E .od,P•kyl Longmont tiro�a, This mpynghted reportccntahs research licensed to DuCienne. McMilen &Associates. Inc. -100205. 616/2009 Page 1 es iort Lupton_.. I Powers o Itafenbeig Loctlbute i men e Lake i 6117 ; ars Cake Irondee Rocky l /o Mountain Amelia dmrnercb Clty 128,422 SF Industrial/Manufacturing Tonville eManta Bennett 9 miles 1920130 mtvmmt en.p am, 9-,ssa iLY/f ;9 MI) Sold: $7,200,000 ($56.07/SF) Sold $4800001),($4719 Commerce 104,600 SF Sold: $4,330,000 ($41 .40/SF) City Industrial/Manufacturing Nenderaon i8742•(S IPtdustrdSUb(slnbutI0fSoldf$S40Qtl00($3889/ F)' Commerce 104,600 SF Sold: $3,500,000 ($33.46/SF) City Industrial/Manufacturing AUFOra " Il 114~75,1_ SF I'ndliehia) Warehoude ,'i Sbtd $3 755000 ($32 72/SF)-, Thornton 84,000 SF Industrial/Manufacturing Sold: $2,500,000 ($29 76/SF) It IV 73$ PF `; - `.: Sold $3,o5Q000 ($21.06/SF) Indui{(iitsUMen�rfacturrlg Recorded Seller: True Seller: Recorded Buyer True Buyer: atilt j1' IiitJIu Sk If(i Holden Properties Colorado II, LLC Holden Graphic Services George Holden 607 Washington Ave N Minneapolis, MN 55401 (612) 339-0241 Buyer Broker: Jones Lang LaSalle Paul Kahn Seller Type: Listing Broker: OWED JiuuauH ©w$1aua O20Gr1SL17I$O. DMb Flextronics USA Inc. Flextronics USA Inc. Michael Marks 2090 Fortune Dr San Jose, CA 95131 (408) 576-7000 Corporation Bluer Real Estate Partners CORFAC International J.R. Bitzer (720) 264-3490 Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Transfer Tax: No. of Tenants: Tenants at time of sale: Financing: 05129/2007 (714 days on market) $7,200,000 -Confirmed $8,000,000 $56.07 $12.64 0.0% Single $720 1 Advance Direct $6,690,000.00 from Associated Bank Sale Type: Bldg Type: Year Built/Age: RBA: Land Area: Percent Improved: Total Value Assessed: Improved Value Assessed: Land Value Assessed: Land Assessed/SF: Legal Desc: Lot 2, Block 2, Del Camino Center P.U.D. & easements Parcel No: 131314006001 I +tier ;E r Owner/User Manufacturing Built in 2001 Age: 5 128,422 SF 13.08 AC (569,765 SF) 67.7% $1,606,910 in 2006 $1,087,500 $519,410 $0.00 This mpyhlhted report contahs research licensed to DuCtur ne, McMillen &Associates, Inc -100205. 5/6/2009 Page 1 {�4 {^?'AJ'4 ,fi 11 '" tip � .p Z L Y� lEA�FS's�l'�JV rTiS�s�lPi.E.L,Gi[� rl ≤<'1�::'t. ;N el4�'r.�..r�.P'»•�Y..l �':k air Si , � , Y 1�-0? i i �. � S ;: t Y { lL��tioTn�lT1i�f��)�l� •Y.a 1i1Wij, mil.,, .9.,v rST !f t( aT�. �YY}._li o `g�{ � iJ it+)ry fi Tr / 1.�0 L�n F p�y`iivkP' 'A f ,/a 7 4 1� �. ryf,ry .i to 6v t'3P b"4 ,s t, if �AYL Document No: 3479639 ��pp{'1yp �ryrg5 + Yi�✓ k i� �., aFEWra!LEu 7'if� '" i,V ,Yua�'x?"4 nT, +r wt u F, ;,.:. ,n4t Y r2Sti'.A.t f1 r m,'T ,. a. Fr 0 Income/Expense: The buyer plans to occupy the property dba Holden Direct Marketing Group. Inc. Mill Levy: 77.055 r� 4 x,� 3.w Bldg Type: Manufacturing RBA: 128,422 SF Bldg Status: Built in 2001 % Leased: 100.0% Rent/SFIYr: - Stories: 2 Bldg Vacant: 0 SF Total Avail: 0 SF Building FAR: 0.23 Warehouse Avail: 0 SF Office Avail: 0 SF CAM - Max Contig: - Zoning: PUD, Weld County Smallest Space: - Owner Type: - Land Area: 569,765 SF Owner Occupied: Yes Lot Dimensions: - Tenancy: Single Ceiling Height: - Column Spacing: - Loading Docks: 6 ext (bldg. total) Levelators: 6 ext Cross Docks: - Crane: - Drive Ins: 2 (total) Const Type: - Sprinklers: • Rail Spots: - Rail Line: None Power: 700a Parking: 590 free Surface Spaces are available; Ratio of 4.6011,000 SF Location Information Metro Market: Denver Submarket: Weld County Ind/Weld County Ind County: Weld CBSA: Greeley, CO CSA: Denver -Aurora -Boulder, CO DMA: Denver, CO -NE -WY -NV out This mpyd{pmd report contehe research licensed to ouclenre, McMilen & Associates, Ina -1002[6. 51912009 Page 2 Recorded Seller: True Seller: 14.2int tlij, )t 9A �nY°,Ylrr vp/tB/it!1J-II°s[('A°�°NC?;,/'/kL°RyJ 1F{,1 it/dot y' �'i'S P°cK•it Recorded Buyer: True Buyer: Buyer Type: Buyer Broker: The Realty Associates Fund VI, LP TA Associates Realty Michael Ruane 28 State St Boston, MA 02109 (617) 476-2700 Corporation No Buyer Broker on Deal $7 ssotufw. 7tlial Ear P°' ✓zincjisu:riva Dsitpafpku,D90CaiLY/f3 ,CIAO Seller Type: Listing Broker: First Industrial L.P. First Industrial Realty Trust, Inc. 311 S Wacker Dr Chicago, IL 60606 (312) 344-4300 REIT (Public) CB Richard Ellis Todd Witty (720) 528-6339 �0 Sale Date: 1210412007(61 days on market) Escrow Length: 45 days Sale Price: $4,800,000 -Confirmed Asking Price: Price/SF: $47.95 Price/SF Land Gross: $23.21 Percent Leased: Tenancy: Transfer Tax: No. of Tenants Tenants at time of sale Financing Legal Desc Parcel No Document No 100.0% Multi $480 Sale Type: Bldg Type: Year Built/Age: RBA: Land Area: Percent Improved: Total Value Assessed: Improved Value Assessed: Land Value Assessed: Land Assessed/SF: 1 U.S. Greenfiber Down payment of $4,800,000.00 (100.0%) Por Lot 2 Blk 2 Upland Park Subdiv 182130.0.04.006 0112931 Investment Warehouse Built in 1979 Age: 28 100,100 SF 4.75 AC (206,823 SF) 73.3% $841,000 in 2007 $616,080 $224,920 $1.00 This copynypled report conlahs research licensed to DeCrane, McMllen &Associates, Inc. -1002!6. 5/612009 Page 3 u L� r >rA4f t�.1-Ah,P'fY�`4.yit..111ax>,7-n:-1 'J�� ( F t KK p 'iA)J�O a i+l„(�rs1 t7��('jra Zvi. t+k it..l'.<Y i�r�.� rneai�l�vlr�pip.L A y dYAgo �i.x. 'ny..mu-IIu ��t '" c r l?� laf v..al nr'; Lev.1.a�.u.YY"11;5AYk5a/rrvi.wd+�e%3ah..(.✓;NSucQ 4°h1Lp TcCri }/,y*1 ry gE�yrr r �.�t i4nyr}V��CD1 KL.6l-4..r..GmoL r. xl. CLi�Yi � Pip 'i�f��.R` +1V iF �i A 5 iu "Y 1 y�,rrpyryq�hypryn9[Ayy]]�' r: ,h _. * Sale Price: Seller/broker contact reported the property sold 'as is.' • Square Footage: Building SF shown includes approximately 13,853 square feet of finished office space. • Income/Expense: The property was reportedly 100% occupied at the time of sale. Income/expense informatoin at the time of sale was undisclosed. • Exchange: No tax -deferred exchanges were reported for this transaction. * Loan Information: All -cash deal. • Miscellaneous: There was reportedly no deferred maintenance at the time of sale. • Listing/Buyer Brokers: The buyer was reportedly represented in-house. * Mill Levy: 83.698 ��r�' «4" d5 ,.,�.. r^'`4'�'��>�;1,`/n�iy''t";r'�"'�,.d4�•'g"pa��i�.�P�;%S'�:'"i��F.`^fresr&'"�,. y. " k .t Bldg Type: Warehouse RBA: 100,100 SF Bldg Status: Built In 1979 % Leased: 100.0% Rent/SF/Yr: - Stories: 1 Bldg Vacant: 0 SF Total Avail: 0 SF Building FAR: 0.48 Warehouse Avail; 0 SF Office Avail: 0 SF CAM - Max Contig: - Zoning: M-1 Smallest Space: - Owner Type: Corporation Land Area: 206,823 SF Owner Occupied: No Lot Dimensions: - Tenancy: Multi Ceiling Height: 24'0" Column Spacing: 31'w x 45'd Loading Docks: 10 ext (bldg. total) Levelators: 6 ext Cross Docks: No Crane: None Drive Ins: 2116'0"h (total) Const Type: Masonry Sprinklers: Yes Rail Spots: Yes Rail Line: None Property Mix: Industrial 86,247 SF (86.2%) Office 13,853 SF (13.8%) Expenses: 2004 Combined Tax/Ops @ $1.53/sf Power: 825a/277 -480v 3p Utilities: Heating - Gas, Sewer - City, Water - City Parking: 75 Surface Spaces are available; Ratio of 0.75/1,000 SF Features: Corner Lot Location Information Cross Street: Sable Blvd Park Name: Upland Industrial Park Located: SWC Sable Blvd & 33rd PI Metro Market: Denver Submarket: East I-70/Montbello Ind/SW DIA/Pena Blvd Ind County: Adams CBSA: Denver -Aurora -Broomfield, CO CSA: Denver -Aurora -Boulder, CO DMA: Denver, CO -NE -WY -NV This mpyrtghted report contain research licensed to DUCiemre, McMiten &Associates, Inc. -1002x6. 5/612009 Page 4 Parcel Number: 1821-30-0-04-006 Legal Description: - County: Adams Thls copyrighted report conlahs reseerdi licensed to DuChi me. McMilan 8 Associates, Inc. -140205. 6/6/2009 Page 6 Recorded Seller: True Seller: Recorded Buyer: True Buyer: Buyer Broker: LCP Dexter LLC Littleton Capital Partners LLC Rob Leach 5711 S Nevada St Littleton, CO 80120 (303) 797-9119 No Buyer Broker on Deal Listing Broker: • / , 663rd Ave$' We High Greyhour Veterans , Memorial Park COillmi d 03 t500Kd•, 1 ea2Du Jlvusiols u1PS:rr.OSLO iLy/lAfLS - EE Fresno Valves & Castings Inc. Fresno Valves & Castings Inc. Kevin Follansbee 7736 E Springfield Ave Fowler, CA 93625 (559) 834-2511 CB Richard Ellis Tyler Carner (720) 528-6397 William Thompson (720) 528-6373 Mike Camp (720) 528-6313 James Bolt (720) 528-6310 Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Transfer Tax: 0611912007 (203 days on market) $4,330,000 -Full Value $3,925,000 $4t40 $12.70 0.0% Multi $433 Financing: Down payment of $157,494.00 (3.6%) $4,172,506.00 from Vectra Bklco Na Sale Type: Bldg Type: Year Built/Age: RBA: Land Area: Percent Improved: Total Value Assessed: Improved Value Assessed: Land Value Assessed: Land Assessed/SF: Investment Manufacturing Built in 1947, Renov 2007 Age: 60 104,600 SF 7.83 AC (341,075 SF) 49.1% $575,260 in 2006 $282,690 $292,570 $0.00 a tylitf This copydchted report contahsreseardi licensed to nuCterme, McMillen &Associates. Inc. - 100205. 51612009 Page 6 Legal Desc: Por E2 NW4 Sec7 T3S R67W Parcel No: 1823-07-2-00-054 Document No: 0060160 Sale History: Sold for $3,500,000 ($33.46ISF) on 04/1112008 Sold for $4,330,000 ($41A0ISF) on 0611912007 e er Notes: Listing Broker and Buyer declined to comment on the sale price. Both confirmed the building square footage. All sale transaction information is based on county records and recorded deed. Bldg Type: Manufacturing Bldg Status: Built in 1947, Roney 2007 Rent/SF/Yr: Bldg Vacant: 0 SF Building FAR: 0.31 Office Avail: 0 SF Max Contig: - Smallest Space: - Land Area: 341,075 SF Lot Dimensions: - Ceiling Height: 24'0"30'0" Loading Docks: 2 ext (bldg. total) Cross Docks: Drive Ins: 5/12'0"w x 16'0"h (total) Sprinklers: Yes Rail Line: None RBA: 104,600 SF % Leased: 100.0% Stories: 1 Total Avail: 0 SF Warehouse Avail: 0 SF CAM - Zoning; 1-3 Owner Type: - Owner Occupied: Yes Tenancy: Multi Column Spacing: 70'w Levelators: None Crane: 27 Const Type: - Rail Spots: Property Mix: Industrial 93,400 SF (89.3%) Office 10,100 SF (9.7%) Expenses: 2006 Tax ® $0.44/sf Power: 1200a/110 -480v 3p Parking: 100 free Surface Spaces are available; Ratio of 0.30/1,000 SF Features: Fenced Lot, Property Manager on Site Location Information Metro Market: Denver Submarket: Northeast Ind/Commerce City Ind County: Adams CBSA: Denver -Aurora -Broomfield, CO CSA: Denver -Aurora -Boulder, CO DMA: Denver, CO -NE -WY -NV This mpydphted report contahe reseed, licensed to Duclenne, MCMllen &Aasadetes, Inc. -100205. 5/612009 Page 7 Parcel Number: 1623-07-2-00-054 Legal Description: - County: Adams This cow -Wed repot contehs research licensed to DuChi ne. McMilen &Associates, Inc. -100205. 6/8/2009 Page 8 dcatemattflitaf tal Recorded Seller: Woodmen World Life Insu ry(il1li1 .ill I0Ji5 XLf7av^'-9bfY(oe.) .�.1=f?(!)(!?.J(.�yt S;7, -rte r'43 r:4 'L tr ( IniLiatt7 U' reiLUJ ;(l!i' Recorded Buyer: True Buyer: Buyer Type: Buyer Broker: Grand Mesa LLC Schlumberger Technology Corp John Plott Company John Plott 2804 Rice Mine Rd NW Tuscaloosa, AL 35406 (205) 345-5678 Harrison Construction Company Inc Tim Harrison 5870 Charlie Shirley Rd Northport, AL 35473 (205) 333-1120 Individual Cheryl & Co Starla Haynes (970) 625-4441 True Seller: Seller Type: Listing Broker: Woodmen of the World Life Insurance Society James Mounce Mark Theisen 1700 Farnam St Omaha, NE (402) 342-1890 Insurance Company Colliers Bennett & Kahnweller Drew Welman (303) 283-4579 Stephen Serenyi (303) 283-4578 Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Transfer Tax: 0411012008 (252 days on market) 60 days $3,400,000 -Confirmed $3,950,000 $38.89 $6.27 0.0% Multi $340 Sale Type: Bldg Type: Year Built/Age: RBA: Land Area: Percent Improved Total Value Assessed Improved Value Assessed Land Value Assessed Investment Distribution Built in 1979 Age: 29 87,421 SF 12.45 AC (542,322 SF) 61.3% $1,219,450 $747,630 $471,820 This wpydphted report contahs research licensed to ouciwse, McMilen & Associates, Inc. -100205. 5/6/2009 Page 9 ylrn�,l+llllpl hI,{UitH Financing: Parcel No: Document No: Sale History: Land Assessed/SF: $0.00 Down payment of $3,400,000.00 (100.0%) 1721-10-0-00-046, 1721.10-0.00-046 0029028 Sold for $3,400,000 ($38.89ISF) on 04/10/2008 Sold for $3,430,400 ($39.24ISF) on 05/25/2007 Sold for $4,129,100 ($47.231SF) on 05/17/2005 Sold for $2,860,000 ($32.72/SF) on 09/0712000 • Sale Price: It was reported the property sold 'as is.' • Square Footage: Building SF shown includes approximately 11,341 SF of finished office space. • Income/Expense: The property was 100% vacant at the time of sale. The seller was an investor & the buyer is the same. It was reported the buyer purchased the property with a "tenant -in -tow." The details were undisclosed. * Exchange: There reportedly no tax -deferred exchanges in this transaction. * Loan Information: All -cash deal. • Miscellaneous: There were reportedly no conditions of the sale including credits, concessions and/or deferred maintenance. • Mill Levy: 87.404 Bldg Type: Bldg Status: Rent/SF/Yr: Bldg Vacant: Building FAR: Office Avail: Max Contig: Smallest Space: Land Area: Lot Dimensions: Ceiling Height: Loading Docks: Cross Docks: Drive Ins: Sprinklers: Rail Line: Property Mix: Expenses: Power: Utilities: Parking: Features: Distribution Built in 1979 0 SF 0.16 0 SF 542,322 SF 152x580 22'0" 9 ext (bldg. total) No 2/11'0"w x 16'0"h (total) Yes Union Pacific Railroad RBA: % Leased: Stories: Total Avail: Warehouse Avail: CAM Zoning: Owner Type: Owner Occupied: Tenancy: Column Spacing: Levelators: Crane: Const Type: Rail Spots: 87,421 SF 100.0% 1 0 SF 0 SF 1.3 No Multi 40'w x 75'd 5 ext None Reinforced Concrete 5 ext Industrial 76,080 SF (87.0%) Office 11,341 SF (13.0%) 2005 Tax @ $1.231sf; 2007 EM Ops @ $1.24/sf 1200a/480v 3p Sewer - City, Water - City 78 Surface Spaces are available; Ratio of 0.89/1,000 SF NC, Corner Lot, Enterprise Zone, Fenced Lot, Partial Stories Exist, Skylights Location Information Metro Market: Denver Submarket: Northeast IndIDIA Ind This copyrighted report °organs research tensed to Duelame, McMiren &Associates. Inc. -100205. 5/6/2009 Page 10 �.h'2 )LPU3�;tk�olJ 11�1�Idk�C IU_I ililUlUttlG)NJ1 1[h u�ylfj((�P. County: Adams CBSA: Denver -Aurora -Broomfield, CO CSA: Denver -Aurora -Boulder, CO DMA: Denver, CO -NE -WY -NV Map(Page): Pierson Graphics Corp 213-A This mpyd5hted report conlahs research licensed lo DuChinne, McMilen &Assocales. Inc. -100205. 51612009 Page 11 aY� .iU�+.. 1 {r 3 y ✓P ,•�� A •�.��lYh"��]{�r��`��... + ! KI��1lvcl d 5 { 9 �c 0� a i 3 ly 1 ill, J{�t�r I � f M C a 4��i ��ii�n'f. �'Nf T E k^Y 1 t )jx:Y .I' n l,S�t�y e r,:Sy➢ 't rµ � � y .!r \�,y' }' a+`E x�� N o r 154 s A2' YvVt'a. Jn 4C 5Yyy }�y ft A rY Y9Yf9 1{� {xM11}'31 RYA 1 �) !� � k , 1�P➢i.".t}—t. jA R.X �L V' S z.Dtr,.vs. Parcel Number: Legal Description: 1721-10.0-00-D46, 1721-10.0-00-046 Por S2 sec 10 T28 R67W County: Adams 1i 1/4, f, 4 4i" kit-).' -...+ I 1/4.' /, ( ' i, , (niWILiRW I•It (, ;41 1 k172145.0 1` ! ;, ! J//1 J 1 / L.,,/,--..,..-------.' . a.. o 3S91\T� ..i.l°' �AeH». 1,91tiwH,V, / ... - • • ,..._ `OV4, I r"....'. rm,nnin2 �, n`6•L":,l ,p : , �.. ,\ u 0, MY f _,21460) '1 A\a i,'4R7N� ,V I. }`,�. ' f ° ,t AL \M{ R1^I Mi 1,4WhgK,_^ ~- 4,-,-- , i1/4 ! 1 i 2 . ( "W✓ '•1 '�, ;,i ,I Y� • F •M1aria ap M YI Alt 1 Y � ry'i7. } ri n „tit ,Vf �'" �y{' �� ., nag l t � \ ys �•;s �' r' is w 5 kiln + '{ t j( e°r' ii F y l j y w uK I 3 0 i y Ala i.�A ' , »yw. ,1 nNY4 r vwy 9' ."h! ,t. 14 u rid if ,YT• , y �'ll . y 1 � ((y�1 �."h ,YE4A \ ! 4 t- err P .: " 0 ill i ` •µ,j tp.� l ! ../ ,4f V It 21 �^ b'+fi'''r �✓�?r ' d S�M1 �` w k J` is yr,•uii.E' r 4/9 v y ( s; ' /J d' , f • !+ ll ..- \. R E 1Q4th ..M\ .rA. i.Ri I , i 4'+ /�ii t,, 1 j A�,i. M r4{np rrn , r.uln,...N .may \ '~ f" VT Y" !� ,,:, Mo ,».,. it This copyrighted report contahs research [tensed to DuCharma, McMilen BAsscaates. Inc. -1 W2W. Page 12 City Of Commerce City 7887 E 60th Ave Commerce City, CO 80022 Recorded Seller LCP Dexter LLC 5711 S Nevada St Littleton, CO 80120 (303) 797-9119 Recorded Buyer: Buyer Broker: �o;UhL�f�°AAItJJ IS,..Jt JUJIIA(r lt:3)i N/k,}' Urdi°J (? F !r Jti )) hid- =Ii Bitzer Real Estate Partners CORFAC International Bryan Fry (720) 264-3497 Listing Broker: J i .% 6631dAW I N We High Greyhoun cfti aod 17 Veterans; Memorial ; Park Cam Is, 500gd; } 1 0x000 Jlcrustalgut.. Atit40205i1AWEL O4 CB Richard Ellis Mike Camp (720) 528-6313 William Thompson (720) 528-6373 Tyler Carner (720) 528-6397 I(@ Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Legal Desc Parcel No Sale History 04/11/2008 (255 days on market) 30 days $3,500,000 -Confirmed $3,925,000 $33.46 $10.26 100.0% Multi Sale Type Bldg Type Year Built/Age RBA Land Area Owner/User Manufacturing Built In 1947, Renov 2007 Age: 81 104,600 SF 7.83 AC (341,075 SF) Por SECT,TWN,RNG:7-3-67 DESC: PT OF E2 NW4 OF SEC 7 DESC AS FOLS BEG AT CEN OF SEC 7TH NLY ALG NIS C EN LN OF SD SEC 659/7 FT TH WLY AT WA TO NIS CEN LN OF SD SEC 100 FT TO TRUE POB TH NLY 600 F T TH WLY 357/5 FT TH NLY 300 FT TH WLY 32/5 FT TH NLY 200 1823-07-2.00.054 Sold for $3,500,000 ($33.46/SF) on 04/11/2008 Sold for $4,330,000 ($41.40/SF) on 06119/2007 This copyrighted report contahs research licensed to DuCterme, McMillen &Associates, Inc. -100205. U 5/6/2009 Page 13 Public record reflects a small protion of the property which was given to the City of Commerce to be used as a future road development. For information on this transaction reference cld#1528397. Bldg Type: Bldg Status: Rent/SF/Yr: Bldg Vacant: Building FAR: Office Avail: Max Contig: Smallest Space: Land Area: Lot Dimensions: Ceiling Height: Loading Docks: Cross Docks: Drive Ins: Sprinklers: Rail Line: Property Mix: Expenses: Power: Parking: Features: Manufacturing Built in 1947, Renew 2007 0 SF 0.31 0 SF 341,075 SF 24'0"-40'0" 2 ext (bldg. total) 5/12'0"w x 16'0"h (total) Yes None Industrial Office 2006 Tax @ $0.44/sf 1200a1110 -480v 3p RBA: % Leased: Stories: Total Avail: Warehouse Avail: CAM Zoning: Owner Type: Owner Occupied: Tenancy: Column Spacing: Levelators: Crane: Const Type: Rail Spots: 93,400 SF (89.3%) 10,100 SF (9.7%) 100 free Surface Spaces are available; Ratio of 0.3011,000 SF Fenced Lot, Property Manager on Site Location Information 104,600 SF 100.0% 1 0 SF 0 SF 1-3 Yes Multi 70'w None 27 Metro Market: Submarket: County: CBSA: CSA: DMA: Denver Northeast Ind/Commerce City Ind Adams Denver -Aurora -Broomfield, CO Denver -Aurora -Boulder, CO Denver, CO -NE -WY -NV This mpyrighled report vanish. research Ucensed to OuClama, MCMilen &Associates. Inc. -100205. 51612009 Page 14 Parcel Number: 1823-07-2-00.054 Legal Description: County: Adams This copyrighted report centring research licensed to DuChirme. McMillen &Assedates. Inc -100206. 51812009 Page 15 i, JL✓�S.�U..�i'✓;�C:J.iI l tt/PI Uii✓_�.JIJ,: J.;• h7;(v11 Cyl F' lF Yn;(;�%'UPc� ,J�IIUIi/ I0rl. Recorded Buyer: Bruce Beaton Buyer Broker Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Pro Forma Cap Rate: Actual Cap Rate: No. of Tenants Tenants at time of sale Parcel No Sale History Colliers Bennett & Kahnweiler Tim Shay (303) 2834594 0212812007 (152 days on market) 45 days 83,755,000 -Confirmed $3,900,000 $32.72 $15.12 Multi 9.00% 8.70% Recorded Seller Listing Broker: Sale Type: Bldg Type: Year Built/Age: RBA: Land Area: Percent Improved: Total Value Assessed: Improved Value Assessed: Land Value Assessed: Land Assessed/SF: 1 Timminco Limited 1823-26-1-01-032 Sold for $2,094,400 (818.25/SF) on 06114/2007 Sold for $3,755,000 ($32.721SF) on 02/28/2007 Sold for $3,775,000 ($32.90/SF) on 02/2812007 2uunJAlsribua t.'ru71tsdult 9211110 ilyViSMA 9Aa: 65 Neuropa Limited 3595 Moline St Aurora, CO 80010 Liberty -Greenfield, LLP Scott Churchley (303) 302-1622 Investment Warehouse Built in 1976 Age: 31 114,751 SF 5.70 AC (248,292 SF) 80.6% $648,010 In 2005 $522,000 $126,010 $0.00 This copyrighted report contehs research licensed to DuCtenne, McMeen &Assodates, Inc. -100205. 6/612009 Page 16 Bldg Type: Bldg Status: Rent/SF/Yr: Bldg Vacant: Building FAR: Office Avail: Max Contig: Smallest Space: Land Area: Lot Dimensions: Ceiling Height: Loading Docks: Cross Docks: Drive Ins: Sprinklers: Rail Line: Property Mix: Parking Second Address: Located: Metro Market: Submarket: County: CSSA: CSA: DMA: Warehouse Built in 1976 0 SF 0.46 0SF 248,292 SF 18'0" None (bldg. total) None (total) None Industrial Office RBA: % Leased: Stories: Total Avail: Warehouse Avail: CAM Zoning: Owner Type: Owner Occupied: Tenancy: Column Spacing: Levelators: Crane: Const Type: Rail Spots: 102,001 SF (88.9%) 12,750 SF (11.1%) 25 Surface Spaces are available; Ratio of 0.3011,000 SF Location Information 3595 Moline St Corner of Smith and Moline Denver East I-70lMontbello Ind/Cent E I-70/Montbello Ind Adams Denver -Aurora -Broomfield, CO Denver -Aurora -Boulder, CO Denver, CO -NE -WY -NV 114,751 SF 100.0% 1 0 SF 0 SF M-3 No Multi None None Masonry None Thls mpyrIp ited report contehs reseerd, licensed to OuCte,me, MCMilen &Associates. Inc -100205. 5/6/2009 Page 17 Parcel Number: 1823-26-1-01-032 Legal Description: - County: Adams 1 � � rk iu M•so ,•1N Yid_ .•\I This mpydghted report canlahs research licensed to DuClerie, McMlien & Associates, Inc. -1 W2f6. 616/2009 4.4 ON11 I 1ie\nb'F Page 18 Recorded Seller: True Seller: v7YjA)(sp Iiirin)i _ y it .;, et,/ dYXBAf/Uf4%, .,@i)UO��I.h'✓�jd'"��:.I�Z A '.) (cIE F I } i flame S 3Ulr�f•7,,Jf_(,h.0 -Ll,lil)l` , :iJi'.:aav4%e, ?�:f�kAF?P?s"' iY°Sia'K'Car.Tt3L''h°n'ird1M� ..�.• ' Recorded Buyer: True Buyer: Buyer Broker: Highland Properties 5607 LLC Highland Properties David Wright 717 5th Ave Longmont, CO 80526 (303) 678-0484 No Buyer Broker on Deal feintla Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Transfer Tax: No. of Tenants: Tenants at time of sale: Financing: Legal Desc: Parcel No: Document No: Sale History: 08/17/2007 Listing Broker: $2,500,000 -Confirmed $29.76 $9.88 29.8% Multi $250 TAW E 124th ANJr 1DDJ.L1puauIaM attart ma WIND, 0k 1! 12520 Grant Drive, LLC Metro Brokers/Jim Holmes Realtors James Holmes 6025 S Quebec St Englewood, CO 80111 (303) 475-7249 No Listing Broker on Deal Sale Type Bldg Type Year BuiltfAge RBA Land Area Percent Improved: Total Value Assessed: Improved Value Assessed: Land Value Assessed: Land Assessed/SF: Investment Manufacturing Built In 1979 Age; 28 84,000 SF 5.81 AC (253,084 SF) 74.8% $804,750 in 2006 $601,750 $203,000 $0.00 3 H & H Enterprises, Inc; North Denver Integrated Imaging; Rocky Mountain Orthotic & Prosthetic Center Down payment of $600,000.00 (24.0%) $1,900,000.00 from Bank of the West Lot 1B, Bik 8, Sub of Lot 1, Blk 8, Washington Square Sub Amended 1573-34-0-09-006 0082632 Sold for $1,500,000 ($17.86/SF) on 01/23/2009 Sold for $2,500,000 ($29.76/SF) on 08/17/2007 Thia mpyddited report contahs research licensed to DuCh3rme, MCMllen &Associates, Inc. -100206. 516/2009 Page 19 Income/Expense: The property was fully occupied at time of sale. Current lease rate was not given. Exchange: This was the buyer's reverse exchange in a 1031 exchange. Market/escrow Time: Reportedly the property was not on the market at the time of the sale; the buyer approached the seller directly. Mill Levy: 108.495 Bldg Type: Manufacturing Bldg Status: Built In 1979 Rent/SF/Yr: Bldg Vacant: 0 SF Building FAR: 0.33 Office Avail: 0 SF Max Contig: - Smallest Space: - Land Area: 253,084 SF Lot Dimensions: - Ceiling Height: 14'0"-16'0" Loading Docks: 5 ext (bldg. total) Cross Docks: Drive Ins: 1/15'0"h (total) Sprinklers: Yes Rail Line: None RBA: 84,000 SF % Leased: 100.0% Stories: 1 Total Avail: 0 SF Warehouse Avail: 0 SF CAM - Zoning: BP Owner Type: - Owner Occupied: No Tenancy: Multi Column Spacing: - Levelators: 5 ext Crane: None Const Type: Reinforced Concrete Rail Spots: None Expenses: 2007 Combined Tax/Ops Q $1.40/sf; 2004 Est Ops @ $1.731sf Power 4000a/480v 3p Parking: 124 free Surface Spaces are available; Ratio of 0.97/1,000 SF Features: NC, Partial Stories Exist Location Information Cross Street: Grant St Park Name: Washington Square Business Park Metro Market: Denver Submarket: North Ind/North Ind County: Adams CBSA: Denver -Aurora -Broomfield, CO CSA: Denver -Aurora -Boulder, CO DMA: Denver, CO -NE -WY -NV This copyrighted report center's research licensed to DeCrane. McMilen &Associates, Inc. -100205. 6/6/2009 Page 20 Parcel Number: Legal Description: County: 1573-34.0-09.006 Adams Thia copyrighted report centahs research licensed to cuCharm°. McMilan & Asspdeles. Inc. -100205_ 51612009 Page 21 Recorded Seller Parkway Investments 3523 Po Box Carmel, CA 93921 er a. U YAP rl JYvld zri c_IIIaJ�aT ,)it T>7Jt Js tn(.t,s(-#YrA 1nl.ut �,l�Ar�ll nyr.' I,,rjl t(1 riY'rl Recorded Buyer: 21K Investments, LLC True Buyer: Buyer Broker: Platte Anchor Bolt Company Joshua Winograd 4950 Jackson St Denver, CO 80216 (303) 321-5100 Grubb & Ellis Brad Thompson (303) 572-5562 2 Virtue Earth' Listing Broker F3tst Cede.. 500 yJs 020113 JlJ nun CLlrYud+ut0 ZrOaaLYylia O Mb Grubb & Ellis Alan Solver (303) 761-4112 Steve Poole, CCIM (303) 572-5543 a Sale Date: Escrow Length: Sale Price: Asking Price: Price/SF: Price/SF Land Gross: Percent Leased: Tenancy: Sale Conditions: Transfer Tax: Financing Legal Deco 1112012007 (236 days on market) 30 days $3,050,000 -Confirmed $3,750,000 $27.06 $10.36 100.0% Single Deferred Maintenance $305 Sale Type: Bldg Type: Year Bu10/Age: RBA: Land Area: Percent Improved Total Value Assessed Improved Value Assessed Land Value Assessed Land Assessed/SF Down payment of $265,000.00 (8.7%) $2,785,000.00 from Guaranty Bank And Trust Co Lot 1, Blk 1, Aurora Business Center Subdivision Filing No.11 Owneduser Manufacturing Built in 1984 Age: 23 112,730 SF 6.76 AC (294,466 SF) 79.3% $925,970 in 2006 $734,110 $191,860 $0.00 ken This copyrighted report contahs research licensee to DuCtarme, MCMilen & Associates. Ina -100205. 61612009 Page 22 Parcel No Document No Sale History 1821-26-0-03-011 0109196 Sold for $3,050,000 ($27.06/SF) on 11/20/2007 Sold on 10/1412003 Sold for $3,193,000 ($28.32/SF) on 10/14/2003 sk: *Sale Price: Listing broker reported the property sold with deferred maintenance, cost to cure was reported at approximately $500,000 but was not included in the sale price. Mill Levy: 119.194 Bldg Type: Bldg Status: Ront/SF/Yr: Bldg Vacant: Building FAR: Office Avail: Max Contig: Smallest Space: Land Area: Lot Dimensions: Ceiling Height: Loading Docks: Cross Docks: Drive Ins: Sprinklers: Rail Line: Property Mix: Expenses: Power: Utilities: Parking: Features: Metro Market Submarket County CBSA CSA DMA Map(Page) Manufacturing Built In 1984 Negotiable 112,730 SF 0.38 0 SF 112,730 SF 112,730 SF 294,486 SF 18'0"-22'0" 4 ext (bldg. total) No 2/1010"w x 12'0"h (total) Wet None RBA: % Leased: Stories: Total Avail: Warehouse Avail: CAM Zoning: Owner Type: Owner Occupied: Tenancy: 112,730 SF 1 112,730 SF 112,730 SF/17,157 ofc NI -1, Denver Yes Single Column Spacing: 40'w x 45'd Levelators: Crane: 1/5 tons Const Type: Reinforced Concrete Rail Spots: None Office 17,000 SF (15.1%) 2007 Est Ops (aZ $1.501sf 13200a/480v 3p 4w Gas - Natural, Heating, Lighting, Sewer - City, Water - City Free Surface Spaces Corner Lot, Fenced Lot, Partial Stories Exist, Property Manager on Site, Skylights Location Information Denver East I.70/Montbello Ind/SW DIA/Pena Blvd Ind Adams Denver -Aurora -Broomfield, CO Denver -Aurora -Boulder, CO Denver, CO -NE -WY -NV Pierson Graphics Corp 60-K This ocpyrighled report contahs research licensed to Duelers, McMillen a Associates, Inc. -100205. 5/6/2009 Page 23 Parcel Number: 1821.26.0-03-011 Legal Description: Lot 1 blk 1 Aurora Business Center Subdiv Fig No. 11 County: Adams This wpyii led report conlahs research licensed to DuCtemie, McMilen & Associates, Inc. -1002[6. DMa Page 24 Hello