Price Reduced | Broomfield Professional Campus

3301-3305 W 144th Ave, Broomfield, CO

$16,750,000

Price

6.6%

Cap Rate

$1,115,422

NOI

Overview
Cap Rate
6.6%
NOI
$1,115,422
Cash-on-Cash
8.5%
Building Size
57,029 sqft
Occupancy
94%
Lease Type
Triple Net
Year Built
2008
Parking Spots
195
Year Last Renovated
2017
Description

ALL TENANTS CURRENT ON APRIL, MAY & JUNE RENT

This 3 building, 57,000 RSF campus is a high profile, turn-key investment. Boasting a 94% occupancy rate, NNN leases it will allow the new owner to seamlessly step in and generate immediate cashflow with very little to no overhead. The tenant profile caters to the surrounding high average household incomes with 67% of tenants operating in the medical field. There are very little capital expenditures needed or expected in the foreseeable future due to the impeccable maintenance of the campus since the buildings were constructed in 2008, 2009, and 2017. As part of Denver’s exploding Northern
Corridor, this trophy asset is poised to make a stable and productive addition to an Investor’s portfolio.

Highlights
  • Over 94% Leased – NNN Leases (ALL TENANTS CURRENT ON APRIL & MAY RENT)
  • Ideal Leases and Rollover Schedule
  • Annual Rental Increases
  • High Quality Medical and Professional Tenants
  • Excellently Maintained Buildings with Low Surrounding Competition
  • High Net Worth Area
Documents
Title
3301-3305_W_144th_Ave_OM.pdf
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Location
Gallery