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Property Details
This is a unique opportunity to own a large office/retail building on the busy 285 corridor in Conifer. With a cap rate around 7.5% in 2017 and 2018 and excellent highway exposure, this property is a great investment to add to your portfolio. The property has a total of 11 units that can possibly be rented, with 5 currently occupied. Current tenants include: a sandwich wrap shop; dentist; insurance agency; and the area Chamber of Commerce ( occupies 2 office spaces ). The property has had many upgrades in the last 2 years, including a new boiler, new flooring in many units, a complete remodel of the restaurant unit and some new windows.
- Property TypeOffice/Retail Mixed, Office
- Submarket
- Year Built1956Renovated 2000
- Total Building Size9,528RSF
- Total Acres0.33
- Number of Floors3
- Number of Buildings1
- Typical Floor2,198RSF
- Building ClassC
- Property ID28844
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