8910 W 58th Ave
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8910 W 58th Ave
6,948 SF 88% Leased Office Building Arvada, CO 80002 $945,000 ($136/SF) 6.30% Cap Rate
Investment Highlights
- Ralston Road street exposure
- Value-add opportunity
- Income already in-place
Executive Summary
Perfect office building for an Owner User. Building is configured with 19 executive office suites. Fully leased, but with out-clauses allowing the new owner to occupy as much or as little as needed.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,948 SF
Building Class
C
Year Built
1969
Price
$945,000
Price Per SF
$136
Cap Rate
6.30%
NOI
$59,535
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,474 SF
Building FAR
0.47
Land Acres
0.34 AC
Zoning
Commercial
Parking
17 Spaces (2.45 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Fireplace
- Signage
- Kitchen
- Accent Lighting
- Storage Space
- Central Heating
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Drop Ceiling
- Wi-Fi
- Yard
- Air Conditioning
Walk Score ®
Very Walkable (75)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 39-104-17-016 | Total Assessment | $142,039 |
| Land Assessment | $101,239 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $40,800 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
39-104-17-016
Land Assessment
$101,239
Improvements Assessment
$40,800
Total Assessment
$142,039
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
-
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8910 W 58th Ave
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