UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 7,768 sqft
Price per Sqft $309
MLS Listing ID 5204035
HOA Y/N No
Year Built 1974
Annual Tax Amount $45,854
Tax Year 2024
Lot Size 1.530 Acres
Acres 1.53
Property Sub-Type Office
Source recolorado
Property Description
The tenant, Innovative Renal Care (IRC), has established a long-standing presence at this location since 2007, underscoring their commitment to serving the Lakewood community and surrounding areas. They have recently signed a new lease effective July 1, 2023, extending for five years with two additional five-year renewal options, signaling potential occupancy well into the future. Starting at an annual rent of $170,896, the lease includes a 2% annual rent increase, ensuring consistent growth in rental income. The lease is structured as NNN (Triple Net), significantly reducing landlord obligations to only the roof materials, thereby enhancing the property's appeal as a low- maintenance investment. This asset offers investors a stable income stream backed by a reputable medical tenant in a high -demand market. Its prime location, strong tenant history, and favorable lease terms make it an excellent addition to any investment portfolio.
Location
State CO
County Jefferson
Zoning 2000 Commercial PPA
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash

6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.
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