2500 Youngfield St, Lakewood, CO 80215
4,445 SF | 100% Leased | Office Building | Lakewood, CO 80215 | $950,000 ($214/SF) | 5% Cap Rate
For Sale
Active
Asking Price $950,000
- Property Type
-
Office
- Square Feet
- 4,445 SF
- Price / Square Foot
- $214
Listing Contacts
Phillip Yeddis
Property Overview
Investment opportunity in Lakewood, CO! This distinguished 4,516 SF office building, constructed in 1959 and zoned M-N-S, exudes potential for astute investors. Boasting full occupancy and the promise of increased rental income, the property offers exceptional visibility, complemented by monument signage and expansive parking. With the landlord's substantial $75,000 investment in property enhancements, this asset guarantees premium quality and appeal. Strategically nestled in proximity to key amenities and with advantageous access to Youngfield and I-70, this well-maintained property showcases staggered leases with annual rental escalations, ensuring a secure and lucrative prospect for discerning investors.
Property Details
- Class
- B
- Year Built
- 1959
- Stories
- 1
- Lot Size (sq. ft)
- 23,958 SF
Highlights
- 100% Leased, Upside in Rents
- Great visibility and street appeal with outstanding Monument Signage
- Landlord has Invested over $75,000 in Property improvements
- Ideal Location, near restaurants, retail, hotels and Lutheran Medical Center Hospital
- Staggered leases with annual rental increases
- No deferred building maintenance
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