Denver, CO – October 11, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $4.725 million sale of Lincoln Professional Plaza, a 16,670-square-foot office building in the southeast suburb of Lone Tree, Colorado.
The HFF team marketed the property on behalf of the seller, affiliates of Lincoln Tower Dental Group and Tu Dentista, which are also tenants and will lease back their share of the property.
Lincoln Professional Plaza is located at 8683 East Lincoln Avenue in one of the most affluent southeast suburbs of metropolitan Denver. This micro market is experiencing tremendous growth through the addition of numerous new amenities, housing communities, employment hubs and improved accessibility throughout all of Metro Denver with a new light rail stop. The 1.05-acre site is just minutes from Interstate 25 as well as the corporate campus of Charles Schwab that will employ more than 4,000 people and the Sky Ridge Medical Center, which is a Level III Trauma Center and 286-bed regional hospital. The two-story, multi-tenanted property is currently leased to seven tenants, including Lincoln Tower Dental Group and Tu Dentista.
The HFF investment advisory team representing the seller consisted of managing director Jules Sherwood, director Nate Perry and associate Phillip Anderson.
