7220 Jefferson AveLakewood, CO 80235

Property Details for 7220 Jefferson Ave

Year built

1981

Construction

STEEL FRAME

Lot size

1.77 AC

Property size (Sq ft)

41,159 SF

Property type

Office properties

Property subtype

Office buildings

APN

59-021-04-012

APU

5902104012

Description

This exceptional Lakewood, Colorado office building, located at 7220 W. Jefferson Avenue, offers a prime opportunity for businesses seeking flexible and modern workspace. Built in 1981 and extensively renovated in 2017, the single, four-story building boasts a total of 41,159 square feet. Currently, there are multiple tenancy options available, with spaces ranging from a minimum of 842 square feet to a maximum contiguous space of 1,728 square feet. A total of 2,570 square feet is currently vacant and ready for immediate occupancy. The building is equipped with a passenger elevator and ample parking, providing a convenient 4 spaces per 1,000 square feet. The property is conveniently located near the intersection of Hampden and Wadsworth avenues, offering easy access to major transportation routes. Utilities, including power, are readily available. This well-maintained building presents a fantastic opportunity for businesses of all sizes to establish a thriving presence in a desirable Lakewood location. The building's modern amenities and strategic location make it an ideal choice for companies seeking a productive and comfortable work environment. Contact us today to schedule a viewing and explore the possibilities. Zip code: 80235.

• CAP approach

  CAP return

  Valuation

  6%

  $8,832,137

  6.5%

  $8,152,742

  7%

  $7,570,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,400,556

  Geo Method

  $3,400,556

• Alternative Use

  Use

  Valuation

  Residential

  $10,109,400

  Hospitality

  $9,260,156

  Educational

  $7,704,341

  Medical

  $7,969,305

  Retail

  $11,984,530

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.6494

Longitude

-105.078

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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