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31517375
31517379

25997 Conifer Rd, Conifer, CO 80433

RD
CO 048479
Keller Williams Advantage Realty, LLC
Listed by Keller Williams Advantage Realty, LLC
$770,000
1815 days on market
Updated 56 days ago

25997 Conifer Rd

Details
Property Type Office, Retail
Sub Type Executive Office, Medical Office (+1)
Square Footage 4,727
Net Rentable (SqFt) 4,727
Cap Rate 9.00%
NOI $64,712
Occupancy 91%
Tenancy Multi
Lease Type NNN
Price per SqFt $163
Broker Co-Op Yes
Class C
Year Built 1956
Year Renovated 2001
Acreage 0.330
Zoning C-1
Investment Type Stabilized
Occupancy Date 07/10/2025

Retail & Office | 9.01% CAP | 4,727 SqFt

Marketing description

Keller Williams Commercial is pleased to offer this fully-

leased retail and office investment sale opportunity to the market. The Property consists

of five (5) tenants occupying six (6) units, key tenants have established history, and a

well balanced roll-over schedule. The investment opportunity features $69,801 in-place

Net Operating Income at a 9.01% Cap Rate. The new roof was replaced in Sept. 2024 at

over $60,000 capital investment. The 2nd and 3rd floor was added in 1998 and the

interior has had multiple finish renovations. A Value-Add opportunity exists with the

vacant (423 SF) space. You could rent it, or convert it to additional common area and

increase the load factor (allowing full NNN reimbursement).

The Property is well located in Aspen Park district of Conifer, Colorado. It has excellent

visibility from Hwy 285 and easy access, with multiple points of ingress and egress from

the frontage road (Conifer Rd). Aspen Park is a mixed urban, suburban, and rural area

located in the foothills of the Rocky Mountains just 30 minutes west of Downtown

Denver. It offers a mountain lifestyle with access to urban amenities and is surrounded

by aspen and pine trees. Aspen Park is known for its small-town feel, highly-rated

schools, and proximity to outdoor recreation. With more residents being priced out of

metro Denver, Conifer continues to become a popular bedroom community. The growth

trend has lead to increased demand for retail and office space in Aspen Park, supporting

the long-term desirability of this turn-key investment opportunity.

Investment highlights

  • High visibility
  • Current tenants in place
  • Iconic location
  • Potential for full office use in the 3rd floor with addition of fire escape

Listing Contacts

RD
CO 048479
Keller Williams Advantage Realty, LLC
Listed by Keller Williams Advantage Realty, LLC

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,712.00
$5,392.67/mo

Valuation Metrics

0
DSCR
8.4%
Cap Rate
8.4%
ROI

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Additional Information

Name
Ryan Devin
License
048479
Brokerage
Keller Williams Advantage, LLC
Title
Managing Director
Brokerage Address
165 South Union Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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