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1610 29th Ave Pl
Greeley, CO 80634
Woodbriar Place · Office Property For Sale
Investment Highlights
- Strong in-place income from three new leases provides stability while finishing lease up of the last remaining space
- $88,826 Net Operating Income in Year 1 of Pro Forma with lease up of last remaining space (suite 100), and garage / storage space
- Well positioned asset with high quality finishes, and a solid tenant mix
- All NNN lease structures at $12.50/SF on 3-year terms with 3% increases and renewal options
- Cohesive medical tenant mix is perfect for this building and location in Greeley
- Recently updated suites providing little need for tenant improvement allowance at lease roll-over
Property Facts
Property Type
Office
Building Size
8,120 SF
Building Class
B
Year Built
1978
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,120 SF
Slab To Slab
13’
Building FAR
0.36
Lot Size
0.52 AC
Zoning
PUD
Parking
30 Spaces (3.82 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R0270793 | Improvements Assessment | $251,730 |
| Land Assessment | $32,470 | Total Assessment | $284,200 |
Property Taxes
Parcel Number
R0270793
Land Assessment
$32,470
Improvements Assessment
$251,730
Total Assessment
$284,200
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