Retail off Tennyson sells for $2.2M

Tennyson storefronts 2

Tennyson Investors LLC purchased 4415-4423 W. 43rd Ave. for $2.2 million. (Rochelle Santos)

Three small storefronts off Tennyson Street in Berkeley sold this week for $2.2 million.

Tennyson Investors LLC purchased 4415-4423 W. 43rd Ave., according to county records. The LLC was formed by Derek Vanderryst, principal of DV Development Group.

Vanderryst said he doesn’t have any immediate changes in mind for the property.

“I’m not opposed to development down the road, but there are leases in place that go for at least another 2 1/2 years,” Vanderryst said.

The storefronts at 4421 and 4423 W. 43rd Ave. are occupied by Pressed Juice Daily and Tried & True Barbershop. The remaining space at 4415 W. 43rd Ave. was home to Kats-eye Boutique until it closed in May.

The cluster of storefronts was sold by Red Ribbon Road LLC, which purchased the property in 2014 for $950,000, according to records.

Elsewhere around Denver, Vanderryst purchased a pair of commercial buildings at 76 S. Broadway and 1 E. Bayaud Ave. in April 2018 for $2.8 million, as well as two nearby multifamily properties, at 204-214 W. Ellsworth Ave. and 230-282 W. Ellsworth Ave., for a combined $1.2 million.

Tennyson storefronts 2

Tennyson Investors LLC purchased 4415-4423 W. 43rd Ave. for $2.2 million. (Rochelle Santos)

Three small storefronts off Tennyson Street in Berkeley sold this week for $2.2 million.

Tennyson Investors LLC purchased 4415-4423 W. 43rd Ave., according to county records. The LLC was formed by Derek Vanderryst, principal of DV Development Group.

Vanderryst said he doesn’t have any immediate changes in mind for the property.

“I’m not opposed to development down the road, but there are leases in place that go for at least another 2 1/2 years,” Vanderryst said.

The storefronts at 4421 and 4423 W. 43rd Ave. are occupied by Pressed Juice Daily and Tried & True Barbershop. The remaining space at 4415 W. 43rd Ave. was home to Kats-eye Boutique until it closed in May.

The cluster of storefronts was sold by Red Ribbon Road LLC, which purchased the property in 2014 for $950,000, according to records.

Elsewhere around Denver, Vanderryst purchased a pair of commercial buildings at 76 S. Broadway and 1 E. Bayaud Ave. in April 2018 for $2.8 million, as well as two nearby multifamily properties, at 204-214 W. Ellsworth Ave. and 230-282 W. Ellsworth Ave., for a combined $1.2 million.

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One response to “Retail off Tennyson sells for $2.2M”

  1. PLEASE do not turn this into more housing. Housing development is ruining what makes Tennyson Street special!!!

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