For Sale
$950,000

2500 Youngfield St Lakewood, CO 80215

Lakewood Office Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 4,445 square foot, single-story office building situated on a 0.55-acre lot in Lakewood, Colorado. The property, built in 1959 and zoned M-N-S, boasts 100% occupancy with six tenants across five units, generating a strong net operating income (NOI) of $47,500 and a 5.00% cap rate. The asking price is $950,000, translating to $213.72 per square foot. Ample parking is available with 32 spaces. The building benefits from excellent visibility and street appeal, enhanced by monument signage and its convenient location near Youngfield Street and I-70, providing easy access to key amenities, including restaurants, retail, hotels, and Lutheran Medical Center Hospital. The property features staggered leases with annual rental escalations, minimizing vacancy risk and ensuring a consistent income stream. Furthermore, the owner has invested over $75,000 in recent property improvements, guaranteeing high-quality finishes and appeal to tenants. This well-maintained asset represents a secure and lucrative investment opportunity for discerning buyers.

Highlights

  • 100% Occupancy.
  • High visibility and monument signage.
  • Ample parking.
  • $75,000+ in recent capital improvements.
  • Excellent location near amenities and Lutheran Medical Center.
  • High visibility on Youngfield Street and convenient I-70 access.

Property Details for 2500 Youngfield St

Property type
Office properties
Square Feet
4,445 SF
Year Built
1959
Buildings
1
Stories
1
Lot Size (sq. ft)
23,958 SF
Units
5

Location Insight

City
Lakewood
County
Jefferson
State
Colorado
Latitude
39.752897518294
Longitude
-105.14243739915

FAQs

What type of property is this?
Office property - Lakewood Office Building, 100% Occupied
Where is the office property located?
The property is located at 2500 Youngfield St Lakewood, CO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 100% Occupancy.; High visibility and monument signage.; Ample parking.
How can I contact the broker?
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2500 Youngfield St
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