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2224 S Fraser St 1,442 SF Office Condo Unit Offered at $424,981 in Aurora, CO 80014
Investment Highlights
- Functional mix of private offices (4), bathroom (1), and kitchenette (1) and open meeting/lobby area
- Ample surface parking in well-maintained office park
- Large windows with strong natural light
- Professional business-park setting with quiet, well-managed environment
Executive Summary
This office condominium offers a stabilized investment opportunity within the Fraser Business Park, a well-established professional enclave in Southeast Aurora. Currently operating as the Functional Performance Center, a specialized physical therapy and rehabilitation clinic, the property benefits from a high-quality tenant build-out and a strategic location in a high-growth medical and professional corridor.
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- Offering Memorandum
- Miscellaneous
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.70% |
| Sale Type | Investment |
| Cap Rate | 7.70% |
Description
1975-30-1-42-006
Sale Notes
Office investment opportunity with 5 year lease, 3% escalations to Functional Performance Physical Therapy Center
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6 | 1,442 SF | Office | $424,981 ($294.72/SF) | $32,723.54 |
Unit 6
| Unit Size |
| 1,442 SF |
| Condo Use |
| Office |
| Price |
| $424,981 ($294.72/SF) |
| NOI |
| $32,723.54 |
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Unit 6
| Unit Size | 1,442 SF |
| Condo Use | Office |
| Price | $424,981 ($294.72/SF) |
| NOI | $32,723.54 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| Description | |
| 1975-30-1-42-006</li></ul> | |
| Sale Notes | |
| Office investment opportunity with 5 year lease, 3% escalations to Functional Performance Physical Therapy Center</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,904 SF | Floors | 1 |
| Property Type | Office (Condo) | Typical Floor Size | 1,442 SF |
| Property Subtype | Medical | Year Built | 2005 |
| Building Class | B | Lot Size | 0.13 AC |
| Zoning | MU-C - Commercial Condo | ||
| Total Building Size | 6,904 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 1,442 SF |
| Year Built | 2005 |
| Lot Size | 0.13 AC |
| Zoning | MU-C - Commercial Condo |
Amenities
- 24 Hour Access
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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2224 S Fraser St