10789 Bradford RdLittleton, CO 80127

  • Office properties
  • 21,800 SF
For Sale
$4,150,000 View listing

Property Details for 10789 Bradford Rd

Year built
2002
Construction
STEEL FRAME
Lot size
1.10 AC
Property size (Sq ft)
21,800 SF
Property type
Office properties
Property subtype
Office buildings
APN
59-333-15-002
APU
5933315002

Description

This exceptional investment opportunity presents a fully occupied (100%), Class B, two-story medical office building situated at 10789 Bradford Rd, Littleton, CO 80127, within Jefferson County. The property boasts 20,034 square feet of net rentable space, distributed across 11 units. Built in 2002, Chatfield Plaza benefits from a prime location offering high visibility and strong traffic flow. The building features a gross lease structure, providing a stable income stream. The current asking price is $4,150,000, representing a compelling 6.00% capitalization rate. Solar panels, installed in 2022, contribute to energy efficiency and potential cost savings. This multi-tenant property presents a strong return on investment with the potential for future appreciation. The property's strategic location in a thriving commercial area of Littleton makes it an attractive asset for investors seeking a stable, high-performing addition to their portfolio. The building's modern amenities and versatile spaces cater to a diverse range of medical tenants. This is a rare opportunity to acquire a fully leased, high-performing medical office building in a desirable Colorado location. Don't miss this chance to secure a lucrative investment in a robust market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,101,326
    6.5%
    $3,785,840
    7%
    $3,515,423
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,832,080
    Geo Method
    $1,801,116
  • Alternative Use

    Use
    Valuation
    Residential
    $4,694,442
    Hospitality
    $4,300,083
    Educational
    $3,577,618
    Medical
    $3,700,658
    Retail
    $5,565,184
10789 Bradford Rd, Littleton, Colorado

Location Insight

City
Littleton
County
Jefferson
State
Colorado
Latitude
39.5692
Longitude
-105.12
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,221
$167,107
$488,794
$655,901
-
$598,950
$1,781,950
$2,380,900

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