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Multiple Tenant Office Building For Sale
Possible Office Condominium Conversion
Numerous Owner Upgrades Completed
Condominium Docs included with purchase!
General Information
Terra Professional Plaza
1360 S. Wadsworth Boulevard
Lakewood, CO 80232


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Sub Market: West
Building Type: Office
Floor Plan: click here for floor plan
Construction Type: Concrete
YOC: 1972
County: Jefferson
Zoning: B-1


Taxes: 26,640.84

Sale Information
Total SF: 22144
Available SF: 600
Sale Price: $1,695,000


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Property Description
Sperry Properties is proud to present this well located, newly updated, multi-tenant office property located in Lakewood, Colorado. Terra Professional Plaza is a 22,144-sf office complex, consisting of two buildings and 24 units, located off Wadsworth Blvd. and just about a mile south of the new Belmar development. Numerous owner upgrades completed. This property is very clean and shows great! Due to rapid change and inflow of capital in this area, Terra Professional Plaza offers investors either an excellent cash-flow asset with significant upside potential, or an opportunity for redevelopment. Property tour available with agent. Please, do not disturb the tenants!
Improvements
Access: Wadsworth Boulevard & Arkansas Avenue
Floors: 1 & 3 Stories
Parking: Surface - 94 Spaces, Ratio - 3.52/1000
HVAC: Rooftop HVAC
Elevators: 1
Sprinklers: No
Maximum Contiguous SF: 600
Minimum Available SF: 600
Site Size: 67082
Cap Rate: 9.17%
Sch Gross Inc: $245,608
Net Op Inc: $155,546

Contact:
Bryan Sperry
Phone: (303) 592-1050
Fax: (866) 802-0399

Sperry Properties Inc.
2871 N. Speer Boulevard
Denver, CO 80211
www.sperryproperties.com

click here for map
click here for site plan
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The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement
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2871 N. Speer Boulevard - Denver, CO 80211
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Office: (303)  592-1050
Fax: (866) 802-0399