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27902 Meadow Drive - Evergreen Office Park, Evergreen, CO

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27902 Meadow Drive - Evergreen Office Park

Evergreen, CO 80439-2106 - West Denver Submarket

(955.7 KB)

Property Type:Office Sub Type:- Status:Existing Year Built:1973
Stories:3 Typical Floor:3,600 SF Building Size:11,045 SF
For Sale Price:$1,395,000 Price/SF:$126.30
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 9.6/1,000 SF

Ample parking.

Sale Notes:
Rare commercial property income opportunity in Downtown Evergreen! What makes this property so appealing is the flexibility of it. It' s immediately ready for commercial leasing with only one long-term lease in place and a historical cap rate just over 8 when full.
This property has recently been approved for mixed use development as well! That' s right, you can re-develop the interior to accommodate several apartments. This is attractive because of the decreasing rental unit availability and increasing demand for rentals in Evergreen. The local businesses are extremely supportive of the need for employee [rental] housing availability.
The property is the perfect location for either commercial or residential tenants. Close & super convenient proximity to downtown Evergreen and all it has to offer, as well as Evergreen lake! Only a few scenic minutes to I70 too! Be in downtown Denver in just 30-40 min or 5 world class ski resorts in just over/under an hour! Check out the views from the drone shot and photos. The seller is flexible and willing to sell the adjacent building 27972 Meadow Drive if desired. Current leasing and sale price info for that bldg is available upon request.

Wilson Group Real Estate
Sam Wilson
(303) 526-2606

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