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136th and Sheridan Investment Opportunity
Broomfield, CO 80023

$1,200,000 USD

Medical Condo For Sale  •  2,750 SF

Property Details

  • Property Type Medical
  • Total Building Size 2,750 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Single
  • Zoning B-PUD
0 Transit Score
28 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit C Medical 2,750 SF $1,200,000 USD
  • Unit Size: 2,750 SF
  • Condo Use: Medical
  • Price: $1,200,000 USD
  • Sale Type: Investment
  • Price/SF: $436.36 USD
Description
Take advantage of a prime opportunity to own this beautifully renovated office condo! Completely remodeled in 2015, the current owner took advantage of the high ceilings and added a second-story office area to increase the rentable square footage on the main floor. Beneath the unit sits a full basement with a washer and dryer. The strong-credit tenant is owned by a company that has over 1,200 offices nationwide. Any investor would find value in the low-maintenance requirements with the strong returns that this opportunity provides. The Chateaux at Fox Ridge is a beautiful complex located in the city of Broomfield, Colorado.

Sale Notes
Prime investment opportunity. Tenant just exercised three-year extension option at 3% annual escalators. Ideal for anyone coming out of a 1031 exchange who wants a low-maintenance investment.

Description 

**Seller will consider any reasonable offer!!** This phenomenal unit is occupied by a very strong-credit tenant until May 2028, with 3% annual escalators built into the current lease. An opportunity to own a strong-revenue, low-maintenance unit in Broomfield, where plenty of growth is happening. The complex and unit are breathtaking! The unit comes with a full basement, perfect for generating additional revenue for storage or rentable square feet. There are four designated parking spots with roughly 62 available spots for the complex (to be verified by the buyer). The current owner did a full remodel in 2015, taking advantage of the high ceilings and adding a second floor for additional office space. Don't miss this incredible investment opportunity!

Highlights

Completely renovated in 2015, the owner took advantage of the high ceilings and added a second-story office space for additional rentable s.f.
13606 Xavier Ln Unit C, Broomfield, Co 80023 is being offered at $1,300,000.00 with a net operating income of $72,884.
Ample parking is available with 62 parking spaces for clients and employees, four of which are dedicated to this unit.
Strong in-place cash flow (~5.75% CAP rate).
Low-maintenance unit.

Amenities

  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Eastlake - 124Th Station Track 2 (Union Station to Eastlake & 124th Station - Regional Transportation District) 13 min - 6.3 mi
Northglenn - 112Th Station Track 2 (Union Station to Eastlake & 124th Station - Regional Transportation District) 16 min - 8.3 mi
AirportDriveWalkDistance
Denver International 37 min - 30.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 62
Type: Surface
Included in Rent: Yes
Kelley Schneider 303-810-8363 RE/MAX Alliance
Kelley Schneider 303-810-8363 RE/MAX Alliance