Listed by Pinnacle Real Estate Advisors
$1,015,600
Flex Condo for Sale - Westminster, CO
Details
Property Type Office, Industrial
Sub Type Flex, R&D
Square Footage 5,078
Units 2
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5.3
Lease Expiration 05/31/2031
Remaining Term 5
Rent Bumps Yes
Price per SqFt $200
Broker Co-Op True
Class B
Year Built 2002
Buildings 1
Stories 1
Zoning PUD Westminster
Parking Spaces per 1,000 sq ft
Investment Type Net Lease
Lease Commencement 02/01/2026
Ground Lease No
Ceiling Height 18
Dock High Doors 2
Sale Condition N/A
Units 100-200; 5,078 SF; 7% Cap Rate
Marketing description
This offering consists of eight contiguous 2nd generation flex condo units totaling 22,478 SF. The current configurations of each Unit consist of two condos. Units can be combined. Each unit has a varying level of office to warehouse space as well as a varying level of private offices to open office.
- Units 100-200: 5,078 SF (Leased) / Priced at $1,015,600 / 7% cap rate / $200/SF
- Units 300-400: 5,640 SF (Vacant) / Priced at $1,269,000 / $225/SF
- Units 500-600: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF
- Units 700-800: 5,880 SF (Vacant) / Priced at $1,323,000 / $225/SF
- All Units: 22,478 SF / Priced at $4,425,600 / $200/SF
Investment highlights
- Highly efficient single-story flex condos
- Brick construction in park-like setting
- Class A finishes with a combination of offices, open area, conference rooms, kitchens, restrooms, and warehouse space
- Both dock-hi and drive-in loading options are available
- Heavy power, 3-phase & single phase power available
- 18' clear ceiling height
- 5,640-17,400 square feet available for occupancy
- Easy access to Wadsworth, US-36, Boulder, Broomfield, and Denver.
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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Zoning
PUD PlannedPlanned Unit Development
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