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11031 S Pikes Peak Dr
Parker, CO 80138
Office Property For Sale

Property Facts

Property Type
Office
Building Size
12,324 SF
Building Class
C
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,162 SF
Building FAR
0.50
Lot Size
0.57 AC
Zoning
Commercial
Parking
29 Spaces (2.35 Spaces per 1,000 SF Leased)

About 11031 S PIKES PEAK DR , PARKER, CO 80138

The Bridgeside Professional Building represents a rare opportunity for investors to enter into the healthy and growing Parker market with minimal risk and predictable upside. Long-term, stable tenants supported by strong demographics and unprecedented growth in the Parker area make the property highly attractive. The tenants in place have a strong track record with the Landlord, enjoying continued success at this location in the community. The existing and future demand for professional office space in the Downtown Parker area offers long term security to any investor holding this profitable asset. • Priced at a 7.80% CAP Rate • 3 stable tenants in place on Full Service / Modified Gross leases • Excellent Downtown Parker location • Average Household Income of $135,242.00 for the Parker market area

Property Taxes

Property Taxes

Parcel Number
2233-221-06-004
Land Assessment
$87,060
Improvements Assessment
$282,660
Total Assessment
$369,720
  • Listing ID: 12235490

  • Date on Market: 4/12/2018

  • Last Updated:

  • Address: 11031 S Pikes Peak Dr, Parker, CO 80138

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