352 Lake Dillon Dr - Office FOR SALE


Dillon, CO 80435
$2,375,000 USD
610-836-2156
352 Lake Dillon Dr, Dillon, CO for Sale
$2,375,000 USD
Office - FOR SALE
1/23
null | 6.75% Cap Rate

352 Lake Dillon Dr
Dillon, CO 80435


HIGHLIGHTS

  • Newly Executed Long-Term Government Lease
  • Built-in annual rent escalations throughout the primary term | 3% Annually
  • Landlord-Friendly Operating Expense Protections
  • Minimal Landlord exposure | Responsible for Roof and Structure.
  • Mission-Critical Public Sector Tenancy | Amazon and Recession Proof
  • Close proximity to multiple world-class ski resorts.

OVERVIEW

Unique Properties, Inc is pleased to offer to qualified investors the opportunity to purchase 352 Lake Dillon Drive in Dillon, Colorado. This property is located in the heart of Dillon and is leased out to the Summit County Public Defenders Office. This property offers exceptional views of the mountains and overlooks Lake Dillon. The lease goes through August of 2035 and has 3% annual increases. The lease is guaranteed by the State of Colorado. The Office of the Public Defenders is a constitutionally required need, which makes this a stable long-term asset with the continued growth in Summit County.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$473 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

CA

APN/PARCEL ID

901393

ASK ABOUT THIS PROPERTY

Justin HermanUnique Properties, Inc.More Info
610-836-2156

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Justin HermanUnique Properties, Inc.More Info
610-836-2156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.