Kenai Capital Advisors has announced the successful sale of 2506 West Alamo Avenue, also known as “The Historic Alamo Offices,” located in Littleton. The property sold for $1,175,000.
The seller, a middle market private equity firm based in the Denver MSA, will be shifting to a larger office space, allowing for the buyer, local non-profit Roots Colorado Inc., to house their operations in the heart of downtown Littleton.
2506 W Alamo Ave is a class B, 2,528-square-foot office property on .15 acres. The property benefits from its location one block away from Historic Main Street of Littleton, with easy access to both workforce and executive housing. Additionally, the property is adjacent to Arapahoe Community College, and the Littleton Station RTD stop. This historic property has been well-maintained for over a century and is an optimal property for investors looking for an irreplaceable location in the heart of Littleton’s main street corridor.
“The transaction process was smoothly executed by both the buyer and seller, with an aggressive timeline in this interesting capital markets environment,” says Kenai.
Kenai Capital Advisors is a middle-market investment sales broker and capital markets advisor based in Littleton. Kenai also invests with strategic institutional partners in value-add, core plus, and core assets across the mountain west. Kenai Capital Advisors is still executing transactions above the asking price through its effective marketing process.