Log In/Sign Up
Your email has been sent.
352 Lake Dillon Dr 5,022 SF Office Building Dillon, CO 80435 $2,375,000 ($472.92/SF) 6.75% Cap Rate
Investment Highlights
- Newly Executed Long-Term Government Lease
- Landlord-Friendly Operating Expense Protections
- Mission-Critical Public Sector Tenancy | Amazon and Recession Proof
- Built-in annual rent escalations throughout the primary term | 3% Annually
- Minimal Landlord exposure | Responsible for Roof and Structure.
- Close proximity to multiple world-class ski resorts.
Executive Summary
Unique Properties, Inc is pleased to offer to qualified investors the opportunity to purchase 352 Lake Dillon Drive in Dillon, Colorado. This property is located in the heart of Dillon and is leased out to the Summit County Public Defenders Office. This property offers exceptional views of the mountains and overlooks Lake Dillon. The lease goes through August of 2035 and has 3% annual increases. The lease is guaranteed by the State of Colorado. The Office of the Public Defenders is a constitutionally required need, which makes this a stable long-term asset with the continued growth in Summit County.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
5,022 SF
Building Class
C
Year Built
1995
Price
$2,375,000
Price Per SF
$472.92
Cap Rate
6.75%
NOI
$160,352
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,022 SF
Building FAR
0.41
Lot Size
0.28 AC
Zoning
CA
Parking
47 Spaces (9.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Skylights
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 901393 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $336,458 |
Property Taxes
Parcel Number
901393
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$336,458
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
