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Bldg 9 8690 Wolff Ct

10,336 SF 100% Leased Office Building Westminster, CO 80031 $1,599,000 ($155/SF) 4.27% Cap Rate

Executive Summary

NEW PRICE....Just reduced price by $100,000.00!! Great location and business park in Westminster just off highway 36 and Sheridan. Owner occupied has 1900 sq ft on first floor, they will do a lease back or can vacate. Second floor is set up as executive suites with full time receptionist. SELLER WILL DO AN OWNER CARRY for part of the purchase price with a qualified Buyer!
Call Gary for a tour 303-907-6200

Data Room Click Here to Access

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $246,129 $23.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $246,129 $23.81
Taxes - -
Operating Expenses - -
Total Expenses $153,019 $14.80
Net Operating Income $93,110 $9.01

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $246,129
Annual Per SF $23.81
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $246,129
Annual Per SF $23.81
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $153,019
Annual Per SF $14.80
Net Operating Income
Annual $93,110
Annual Per SF $9.01

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
10,336 SF
Building Class
B
Year Built
1984
Price
$1,599,000
Price Per SF
$155
Cap Rate
4.27%
NOI
$68,265
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,445 SF
Building FAR
0.37
Land Acres
0.64 AC
Zoning
PUD, Westminster
Parking
50 Spaces (4.84 Spaces per 1,000 SF Leased)

Amenities

  • Property Manager on Site
  • Kitchen
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1719-30-2-19-015
Land Assessment
$62,280
Improvements Assessment
$283,820
Total Assessment
$346,100
  • Listing ID: 31248947

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 8690 Wolff Ct, Westminster, CO 80031

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