View the Executive Summary - DePaul Real Estate Investment Group

INVESTMENT OPPORTUNITY
Exclusively Presented by:
THE BEAUVALLON
Retail Condominiums
PAUL DECRESCENTIS
President
(303) 333-9799
[email protected]
JAROD PATE
Broker
(720) 881-2727
[email protected]
925-975 Lincoln Street
Denver, Colorado 80203
STRONG FUNDAMENTALS
INVESTMENT OPPORTUNITY
DePaul Real Estate Investment Group, Inc. has been selected as the exclusive
advisor for the marketing and sale of the street level retail condominiums at The
 The Beauvallon is one of the most unique and prestigious buildings in
Denver.
Beauvallon, a 205-unit Class A condominium building in Denver’s Capitol Hill /
 Iconic location with prominent visibility and excellent access
Golden Triangle districts.
 Off-street parking, a key element for urban retail.
The property is 100% occupied by a variety of restaurant, retail and service
 Dense population with 221,455 people living within a three-mile radius and
providers that cater to this affluent, dense and rapidly growing urban
neighborhood. Its location at 9th Avenue and Lincoln Street is along a high-traffic
corridor into downtown Denver’s financial district.
Property tours are available upon request. To schedule a property tour or to
406,241 people working within a five-mile radius.*
 Well maintained, pride-of-ownership property with HOA.
PROPERTY ADDRESS
925-975 Lincoln Street
Denver, Colorado 80203
PROPERTY TYPE
Commercial Condominiums
Class “A” Urban Retail
OCCUPANCY
100%
request additional information, please contact Jarod Pate or Paul DeCrescentis at
303-333-9799.
DEMOGRAPHICS
1 MILE
3 MILES
5 MILES
2015 EST. POPULATION
42,664
221,455
510,097
PURCHASE PRICE
$5,575,000 ($284 PSF)
AVERAGE HH INCOME
$64,637
$81,018
$76,610
NOI
$340,028 (6.1% Cap Rate)
TERMS
DAYTIME EMPLOYEES
79,253
264,594
406,241
The property will be sold free and clear of
existing financing.
6,215
24,234
38,542
PROPERTY SIZE
19,639 rentable square feet, plus common
area shared parking.
YEAR BUILT
2004
PARKING
Free use of parking in the on-site garage.
10 TENANTS
The 9th Door, Di Franco Italian
Delicatessen, Glamour Bar, Denver
Diamond & Jewelry, Drip coffee shop, Pho
Yura, Urban Dogg, Rita B Salon, Shipiatsky
Art Gallery, 100% de Agave
BUSINESSES
FOR MORE INFORMATION, PLEASE CONTACT:
PAUL DECRESCENTIS
President
(303) 333-9799
[email protected]
JAROD PATE
Broker
(720) 881-2727
[email protected]
THE BEAUVALLON
DENVER, COLORADO
THE BEAUVALLON
DENVER, COLORADO
RE:
Beauvallon commercial condominiums
925-975 Lincoln
Denver, Colorado 80203
Dear Sir or Madam:
You
have
expressed
interest
in
a
potential
transaction
(the
"Transaction")
whereby
________________________________________ ("Potential Buyer") would purchase from the owners of record (collectively, the
“Owner”) that certain real property commonly referred to as the Beauvallon commercial condominiums (the "Property").
In connection with the Transaction but subject to the Potential Buyer's agreements as set forth herein, the identity of
the tenant(s) of the Property ("Tenant") will be provided to Potential Buyer and the Potential Buyer will be provided with certain
information and materials pertaining to the Tenant's financial condition and other matters related to the Tenant's business. In
furtherance thereof, it is necessary that the Potential Buyer execute below, acknowledging its agreement to comply with the
following terms and conditions regarding the confidential nature of these discussions and negotiations and all of the materials
and information to be provided to Potential Buyer in furtherance thereof.
Specifically, it is hereby agreed that all materials and information provided to Potential Buyer shall be used by Potential
Buyer solely for the purpose of evaluating the Transaction and not in any way directly or indirectly detrimental to the Owner or the
Tenant or in competition with the Owner or the Tenant and, such materials and information, including without limitation, all
financial information concerning the Owner, the Property or the Tenant, shall be kept and maintained in the strictest confidence
by Potential Buyer and its agents, employees, representatives and advisors and shall not be disclosed, verbally or in writing, to any
other person or entity either now or at any time in the future, except that Potential Buyer may disclose the materials or applicable
portions thereof to those of its directors, officers and employees and representatives of its advisors who need to know such
information for the purpose of evaluating such transaction (it being understood that those other persons will be informed of the
confidential nature of the materials and will agree, in writing, to be bound by this agreement and not to disclose the information
to any other individuals). Without limiting the generality of any of the foregoing, Potential Buyer, for itself and its affiliates and
their respective agents, employees, consultants, attorneys, and brokers shall keep and maintain in strict confidence all terms
and conditions regarding the Transaction, including all financial, business and proprietary information regarding the Owner,
Property or Tenant, and shall not disclose the same to any other person or entity except as expressly provided herein.
In the event a definitive purchase agreement for the Property is not executed and/or a transaction is not consummated
for any reason whatsoever, all materials provided to you (and a copies thereof made by you) will be returned to Owner. The
confidentiality obligations set forth herein shall survive for a period of two years from the date hereof.
Potential Buyer, for itself and its agents, employees and advisors further agrees that it shall not contact, directly or
indirectly, any governmental agency having jurisdiction with respect to the Property nor any Tenant(s) or other occupant of the
Property, nor any lender of the Property, in any way with respect to this potential transaction without the prior written consent of
Owner, which consent may be withheld unless and until a definitive contract for the purchase and sale of the Property is negotiated,
executed and delivered, and thereafter such consent may be reasonably conditioned by Owner to effectuate the intent of these
confidentiality provisions.
This Agreement and the terms and provisions hereof may be enforced by Owner notwithstanding that its identity is not
disclosed herein and that it is not a party hereto. In the event of any breach of any of the terms, covenants or conditions
contained herein, the prevailing party shall be entitled to recover its costs and reasonable attorneys fees incurred in enforcing
and protecting its rights hereunder.
4500 Cherry Creek Drive South, Suite 1060
Denver, Colorado 80246-1537
P: 303-333-9799 F: 303-333-1703
www.depaulreig.com
Page 1
Please sign below on a copy of this letter, acknowledging your receipt and agreement to the terms and conditions
hereof and return to me at your soonest convenience in order that we can deliver to you the various documents and materials
related hereto.
Very truly yours,
Paul T. DeCrescentis
cc: Daniel Woodward, Lazy T LLC, 8 Mach LLC
Accepted and agreed to this ____ day of __________, 2016.
PLEASE COMPLETE ALL OF THE INFORMATION BELOW.
FAILURE TO DO SO COULD DELAY DELIVERY OF REQUESTED PACKAGE.
PURCHASER/ADVISOR:
CO-OPERATING BROKER:
Company:
Company:
Contact:
Contact:
Signature:
Signature:
Title:
Title:
Date:
Date:
Address:
Address:
Phone:
Phone:
Fax:
Fax:
Email Address:
Email Address:
Please fax and/or email to:
Paul DeCrescentis at 303-333-1703
[email protected]
DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE SELLER AGENCY, BUYER AGENCY OR
TRANSACTION-BROKERAGE.
4500 Cherry Creek Drive South, Suite 1060
Denver, Colorado 80246-1537
P: 303-333-9799 F: 303-333-1703
www.depaulreig.com
Page 2
BROKER DISCLOSURE
BUYER
DEFINITIONS OF WORKING RELATIONSHIPS
Seller’s Agent: A seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good
faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must
disclose to potential buyers all adverse material facts actually known by the seller’s agent about the property. A separate written
listing agreement is required which sets forth the duties and obligations of the broker and the seller.
Buyer’s Agent: A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good
faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must
disclose to potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability
to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A
separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.
Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing
terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any
contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transactionbroker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same
disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a
buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy
the property. No written agreement is required.
Customer: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such
party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker.
RELATIONSHIP BETWEEN BROKER AND BUYER
Broker and Buyer referenced below have NOT entered into a buyer agency agreement. The working relationship specified
below is for a specific property described as:
Beauvallon Commercial Condos______________________________________________________________________
Buyer understands that Buyer shall not be liable for Broker’s acts or omissions that have not been approved, directed, or
ratified by Buyer.
CHECK ONE BOX ONLY:
Multiple-Person Firm. Broker, referenced below, is designated by Brokerage Firm to serve as Broker. If more than one
individual is so designated, then references in this document to Broker shall include all persons so designated, including
substitute or additional brokers. The brokerage relationship exists only with Broker and does not extend to the employing
broker, Brokerage Firm or to any other brokers employed or engaged by Brokerage Firm who are not so designated.
One-Person Firm. If Broker is a real estate brokerage firm with only one licensed natural person, then any references to
Broker or Brokerage Firm mean both the licensed natural person and brokerage firm who shall serve as Broker.
CHECK ONE BOX ONLY:
Customer. Broker is the seller’s agent and Buyer is a customer. Broker, as seller’s agent, intends to perform the following
lists of tasks:
Show a property
Prepare and Convey written offers, counteroffers and agreements to amend or extend
the contract. Broker is not the agent of Buyer.
4500 Cherry Creek Drive South, Suite 1060
Denver, Colorado 80246-1537
P: 303-333-9799 F: 303-333-1703
www.depaulreig.com
Page 3
Customer for Broker’s Listings – Transaction-Brokerage for Other Properties: When Broker is the seller’s agent, Buyer is a
customer. When Broker is not the seller’s agent, Broker is the transaction-broker assisting in the transaction. Broker is not the
agent of Buyer.
Transaction-Brokerage Only: Broker is a transaction-broker assisting in the transaction. Broker is not the agent of Buyer.
Buyer consents to Broker’s disclosure of Buyer’s confidential information to the supervising broker or designee for the purpose
of proper supervision, provided such supervising broker or designee shall not further disclose such information without
consent of Buyer, or use such information to the detriment of Buyer.
DISCLOSURE OF SETTLEMENT SERVICE COSTS. Buyer acknowledges that costs, quality, and extent of service vary between
different settlement service providers (e.g. attorneys, lenders, inspectors and title companies).
BUYER/TENANT ACKNOWLEDGMENT:
Buyer/Tenant acknowledges receipt of this document on ___________________________.
____________________________________
Buyer/Tenant
____________________________________
Buyer/Tenant
BROKER ACKNOWLEDGMENT:
On ___________________________, Broker provided ______________________________ (Buyer/Tenant) with a copy of this
document to via email and/or hand delivery and retained a copy for Broker’s records.
Brokerage Firm’s Name: DePaul Real Estate Investment Group, Inc.
____________________________________
Broker Paul T. DeCrescentis
____________________________________
Broker Jarod Pate
4500 Cherry Creek Drive South, Suite 1060
Denver, Colorado 80246-1537
P: 303-333-9799 F: 303-333-1703
www.depaulreig.com
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