| PRICE : | $6,200,000 |
|---|---|
| CAP RATE: | 7.6% |
| PROPERTY TYPE: | Office |
| SITE SIZE: | 0.28 Acres |
| BUILDING SIZE: | 46,729 SF |
| YEAR BUILT: | 1963 |
Description
Opportunity to acquire a 100% leased, ±46,729 SF office property. The subject property has two high credit tenants and is anchored by a state agency headquarters lease in 39,406 SF. An additional tenant leases out 6,118 SF with over 3 years of lease term remaining. The subject property was renovated for the state in 2019 and is extremely well-located near various federal and state agencies just 2 miles from the regional airport. Downtown provides the facility with tremendous amenities, all in walking distance from the subject property. Over 86% of the income is guaranteed by the State (AA credit).
Broker of Record: Brian Brockman (Bang Realty – Colorado, Inc) | WY License # RE-15604
