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Bldg 2 10249 Church Ranch Way 63,057 SF 50% Leased Office Building Westminster, CO 80021 $12,650,000 ($200.61/SF)
Executive Summary
Turn-key User Building with over $4M in FF&E's in new condition currently in place.
Built in 2000, Church Ranch II was designed to accommodate a single-tenant user, however the two floor layout makes for an easy to conversion to a user and partial tenant building. Over $6.8M in recent tenant improvements have been invested into the property making it truly a one of a kind opportunity in the this submarket. Large efficient floor plates of approximately 31,500sf, are ideally designed for a corporate user. There is a strong parking ratio with 5.00 / 1,000 square feet. Excellent access to U.S. 36 and I-25 provides the ability to draw upon residents from Boulder, Denver and the greater Metro area. Close proximity to retail, dining and hotel amenities off of Church Ranch Boulevard and 104th Avenue in addition to immediate access to hiking and biking trails, provide an excellent amenity.
Built in 2000, Church Ranch II was designed to accommodate a single-tenant user, however the two floor layout makes for an easy to conversion to a user and partial tenant building. Over $6.8M in recent tenant improvements have been invested into the property making it truly a one of a kind opportunity in the this submarket. Large efficient floor plates of approximately 31,500sf, are ideally designed for a corporate user. There is a strong parking ratio with 5.00 / 1,000 square feet. Excellent access to U.S. 36 and I-25 provides the ability to draw upon residents from Boulder, Denver and the greater Metro area. Close proximity to retail, dining and hotel amenities off of Church Ranch Boulevard and 104th Avenue in addition to immediate access to hiking and biking trails, provide an excellent amenity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
63,057 SF
Building Class
B
Year Built/Renovated
2001/2019
Price
$12,650,000
Price Per SF
$200.61
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
31,528 SF
Building FAR
0.34
Lot Size
4.31 AC
Zoning
PUD - creative land development and use.
Amenities
- Banking
- Convenience Store
- Day Care
- Pond
- Restaurant
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Entire Top Floor. 360 degree and unobstructed mountain views Full floor or half floor available with exposures of glass. Turnkey with new A+ finishes and over $2M FF&E included.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 13,000-31,529 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 13,000-31,529 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size | 13,000-31,529 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Entire Top Floor. 360 degree and unobstructed mountain views Full floor or half floor available with exposures of glass. Turnkey with new A+ finishes and over $2M FF&E included.
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Property Taxes
| Parcel Number | 29-141-05-002 | Improvements Assessment | $2,584,126 |
| Land Assessment | $654,757 | Total Assessment | $3,238,883 |
Property Taxes
Parcel Number
29-141-05-002
Land Assessment
$654,757
Improvements Assessment
$2,584,126
Total Assessment
$3,238,883
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Bldg 2 | 10249 Church Ranch Way
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