12191 64Th AveArvada, CO 80004

Property Details for 12191 64Th Ave

Year built

1977

Construction

CONCRETE

Lot size

1.67 AC

Property size (Sq ft)

3,125 SF

Property type

Office properties

Property subtype

Office buildings

APN

39-054-00-009

APU

3905400009

Description

Supreme Offices I presents a unique opportunity to lease executive or traditional office space in a prestigious Class A building. This single, three-story building boasts a total of 24,451 square feet situated on a sprawling 72,789 acres of land. Built in 1977, the property offers 12 available suites ranging from 228 to 1,663 square feet, perfect for a variety of professional businesses. The building is ideally suited for tenants such as doctors, lawyers, accountants, stylists, therapists, trainers, tutors, and masseuses. Leasing is structured under a Modified Gross format, meaning most utilities are included in the lease price. This includes water, gas, electricity, heating, air conditioning, and janitorial services. Tenants are responsible for their own business phone and internet service; however, Comcast Business is a readily available high-speed internet and phone provider, along with other independent carriers. This exceptional property offers a blend of established infrastructure and ample space, providing an ideal environment for growth and success. The multiple tenancy structure allows for flexibility and a diverse professional community. Inquire today to secure your ideal office space within this impressive commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $574,298

  6.5%

  $530,121

  7%

  $492,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $635,955

  Geo Method

  $258,188

• Alternative Use

  Use

  Valuation

  Residential

  $657,351

  Hospitality

  $602,130

  Educational

  $500,965

  Medical

  $518,194

  Retail

  $779,279

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Latitude

39.8133

Longitude

-105.135

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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