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2850 Youngfield St 67,945 SF Office Building Lakewood, CO 80215 $5,000,000 ($73.59/SF) 15.22% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Mountain Views
  • Ample Amenities
  • Dock High Loading
  • Open Plan
  • Covered Parking Garage
  • Dense Nearby Retail

EXECUTIVE SUMMARY

64,587 RBA / 74,087 GBA office for sale. Single government tenant vacated May 2023 - 0% current occupancy. Perfect for large single user or value add multi-tenant investment buildout. Easy I-70 access allowing short commutes to popular neighborhoods, downtown Denver, suburbs, and mountain recreation.

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,333,076 $19.62
Taxes - -
Operating Expenses - -
Total Expenses $571,877 $8.42
Net Operating Income $761,199 $11.20

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $1,333,076
Annual Per SF $19.62
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $571,877
Annual Per SF $8.42
Net Operating Income
Annual $761,199
Annual Per SF $11.20

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Building Size
67,945 SF
Building Class
B
Year Built
1982
Price
$5,000,000
Price Per SF
$73.59
Cap Rate
15.22%
NOI
$761,198
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
16,986 SF
Building FAR
0.68
Lot Size
2.28 AC
Zoning
M-N-S - Mixed use - Neighborhood- Suburban
Parking
202 Spaces (2.97 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Bus Line
  • Fitness Center
  • Basement
  • Central Heating
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 15,262 SF
  • Office/Medical
  • Full Build-Out
  • Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

  • 2nd Floor
  • 16,049 SF
  • Office/Medical
  • Full Build-Out
  • Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

  • 3rd Floor
  • 18,317 SF
  • Office/Medical
  • Full Build-Out
  • Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

  • 4th Floor
  • 18,317 SF
  • Office/Medical
  • Full Build-Out
  • Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

Space Size Space Use Condition Available
1st Floor 15,262 SF Office/Medical Full Build-Out Now
2nd Floor 16,049 SF Office/Medical Full Build-Out Now
3rd Floor 18,317 SF Office/Medical Full Build-Out Now
4th Floor 18,317 SF Office/Medical Full Build-Out Now

1st Floor

Size
15,262 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Floor

Size
16,049 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

3rd Floor

Size
18,317 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

4th Floor

Size
18,317 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Floor

Size 15,262 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

2nd Floor

Size 16,049 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

3rd Floor

Size 18,317 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

4th Floor

Size 18,317 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

2850 Youngfield is the perfect suburban office or medical building, previously leased by the Bureau of Land Management. This is an attractive setting for customers, clients, and employees. This location offers easy access to Denver, Lakewood, Wheat Ridge, Arvada & Golden business centers, as well as the new Lutheran Medical Center. When amenities, location, and affordability count, this is it!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-293-00-016
Land Assessment
$346,065
Improvements Assessment
$2,108,828
Total Assessment
$2,454,893
  • Listing ID: 30140935

  • Date on Market: 11/21/2023

  • Last Updated:

  • Address: 2850 Youngfield St, Lakewood, CO 80215

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