$2,950,000

12567 W Cedar Drive

Lakewood CO, 80228

Description

Beautiful 2 Story Red Brick Building currently called the Tetras Building. Call this Office Building your New Headquarters! 12567 W Cedar Dr. Lakewood, CO 80228 Located just off of 6th Ave and South Union Blvd. Close to Downtown Denver or the Foothills. Bldg 37,000 Gross SF, Buy Today AS IS for $80/SF! This maybe your corporate office, or collect income from multiple tenants, or may your company occupy half with SBA loan and gain rental income from the other half. Building needs repairs and updates. Yet with Cost Segregation and Acc. Depr. it will cash flow the new year! Rocky Mtn Rehab Center is the major tenant, moving out 1 Qt 2020. The basement has gym, office space, and storage space for rent. The main floor has a beautiful entry and atrium with lots of meeting/conference rooms and small offices. 2nd floor has executive offices ready to meet your needs. Today 91% Occupied, 9% Cap Rate. Great Upside Opportunity Current rent is $15/SF, upgrade the space and capture a BIG upside opportunity at $17/SF rents. This is worth your time to tour, call 303-908-4251, or email: Nathan@westinvestnet.co

Details

MLS#8099891
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1981
Days On Site28

Features

Story(s)2
ZoningComm office
Acreage1.45

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Area Information

StateCO
CountyJefferson
CityLakewood
Zip Code80228
Listing VS Median (in 80228)
Price:
$2,950,000
low | high
Med:
$499,900
100% of Average
On Site:
28
low | high
Med:
5
100% of Average
Listing Updated: 03/19/2020
MLS Number: 8099891
Listing Provided By:
Nathan McLain  of  WESTERN INVESTOR NETWORK LLC