8520 Spruce Mountain Rd - Medical FOR SALE


Larkspur, CO 80118
$1,150,000 USD
303-718-0283
8520 Spruce Mountain Rd, Larkspur, CO for Sale
$1,150,000 USD
Medical - FOR SALE
1/13
null | 6.47% Cap Rate

8520 Spruce Mountain Rd
Larkspur, CO 80118


HIGHLIGHTS

  • Access to I25
  • Fully Leased with Option to Rent or Use owners Unit

OVERVIEW

Fully occupied Commercial Building with the option to take over existing owners ~885 SF space or rent it back to current owners. Two Additional Tenants in place with rents of $4000/month for Space A (leased through 12/31/2030) and $2,200/Month for Space B (leased through 9/30/2027). Just with these two leases in place Cap rate is 6.47 at asking price. With Additional $2000/month Lease to current owners your cap rate reaches over 8%. Within Minutes to I25 and Downtown Larkspur, this investment opportunity provides unparalleled access. Additional 0.55 Acre Commercial Lot Available ($350K) immediately south of this Building for future expansion.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

-

APN/PARCEL ID

2607-273-03-017

ASK ABOUT THIS PROPERTY

Jake McCaffreyCompassMore Info
303-718-0283

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Jake McCaffreyCompassMore Info
303-718-0283

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