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12189 W 64th Ave 19,459 SF 20% Leased Office Building Arvada, CO 80004 $1,850,000 ($95.07/SF) 11.60% Cap Rate



INVESTMENT HIGHLIGHTS
- Visible from 64th
- Strong curb appeal
- Flexible floor plan
- Beautiful grounds
- Ample paved parking
- Owner-user opportunity
EXECUTIVE SUMMARY
*Cap Rate is pro forma with 20% leased after owner occupant moves out.*
12189 W 64th Ave offers 19,459 SF of office/institutional space on a 0.78-acre lot in the heart of Arvada. Built in 1981 with durable brick veneer construction, this property is ideal for an owner-user needing a large footprint with flexible layouts. The building features extensive paved areas for parking and easy access. Conveniently located near Arvada West High School, retail, and major commuter routes, this site provides excellent visibility and accessibility. Rare opportunity for community groups, medical, educational, or professional users seeking a move-in ready headquarters location.
12189 W 64th Ave offers 19,459 SF of office/institutional space on a 0.78-acre lot in the heart of Arvada. Built in 1981 with durable brick veneer construction, this property is ideal for an owner-user needing a large footprint with flexible layouts. The building features extensive paved areas for parking and easy access. Conveniently located near Arvada West High School, retail, and major commuter routes, this site provides excellent visibility and accessibility. Rare opportunity for community groups, medical, educational, or professional users seeking a move-in ready headquarters location.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
19,459 SF
Building Class
C
Year Built
1981
Price
$1,850,000
Price Per SF
$95.07
Cap Rate
11.60%
NOI
$214,600
Percent Leased
20%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,486 SF
Building FAR
0.50
Lot Size
0.90 AC
Zoning
MX-S
Parking
56 Spaces (2.88 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (83)
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12189 W 64th Ave
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