Listed by Fuller Real Estate
$1,550,000
Arvada Investor Building
Details
Property Type Office
Sub Type Traditional Office, Medical Office
Square Footage 13,059
Cap Rate 5.66%
NOI $87,698
Occupancy 81%
Tenancy Single
Year Built 1985
Acreage 0.320
Zoning PUD-1 Arvada
Investment Type Stabilized
5400 Ward Rd., Bldg. 5, Arvada, CO 80002
Marketing description
The Aspen Business Park V is a very well-maintained multi-tenant office building located in Arvada, Colorado. Access is excellent from Ward Road; I-70 is only one mile south via Ward Road; and one-third of a mile to the Wheat Ridge Ward Road G-Line Light Rail Stop. The property is currently 81% leased to a mix of medical, financial and engineering tenants. Excellent investor opportunity.
Investment highlights
- For Sale: $1,550,000
- Occupancy: 81%
- Gross Income: $183,226
- Expenses: $95,526
- Net Operating Income: $87,698
- Cap Rate: 5.66%
Listing Contacts
Listed by Fuller Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,698.00
$7,308.17/mo
Valuation Metrics
0
DSCR
5.66%
Cap Rate
5.66%
ROI
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