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Little Hearts Daycare
5939 W 64th Ave, Arvada, CO 80003
Last Verified 12/19/2008
Listing ID 15782123
Highlights
Leased through October, 2012 on a NNN Lease- Tenant pays all Taxes, all property Insurance, and a 5% Mgmt Fee
- 5,000sf (4,000sf &1,000sf Buildings) sits on a 44,698sf Lot!
- 12 on-site parking spots with great W 64th Ave exposure
- Perfect for 1031 Exchange, or great cash-flowing property
Description
Excellent investment property, strong tenant, long term NNN lease in place with escalators and options. One of the highlights of this property is definitely the large 1 acre lot it sits on, as well as the easy access from either Wadsworth Blvd or Sheridan Blvd. The Daycare Center has created a large recreation field area with a soccer field and multiple playgrounds . Main building is
4,000sf, nicely updated and well-kept. County certified and licensed for daycare center. There is an additional 1,000sf free standing building (newer) for class overflow and indoor activities, fully HVAC' ed and sound proofed. Rent increases from $5,250/month NNN to $5,450/month NNN in October 2010. First 3 year option is at $5,650/month NNN, and last 3 year option
is at $5,850/month NNN. Landlord is responsible for roof, structural, material improvements, and general upkeep and repairs of the mechanical and HVAC systems. Tenant is responsible for taxes, insurance, 5% management fee, upkeep of grounds/landscaping, maintenance/clean up of parking areas.
On W 64th ave between Federal and Sheridan Blvd.
Map of 5939 W 64th Ave, Arvada, CO 80003 (Jefferson County)
Created 6/30/2008
Additional Information for 5939 W 64th Avenue, Arvada, CO 80003
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P