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Tanner Fanello
C: 303.945.1335
D: 720.306.6022
Brian Baker
C: 720.280.4733
D: 720.287.5416
8725 W. 14th Ave. Lakewood, Colorado
This Offering Memorandum and the information contained therein is subject to the terms, provisions, and limitations of the confidentiality
agreement with which we have provided you, the Buyer. By taking possession of and reviewing the information contained herein, Buyer
agrees not to disclose, permit the disclosure of, release, disseminate or transfer any of the information obtained to any other person or
entity except permitted herein.
Fuller Real Estate, LLC has obtained the information used in this package from sources we deem reliable. We have no reason to doubt the
accuracy of the information, but neither we, nor the owner, warrant such information. All offers to purchase should be based on inde-
pendent investigation, analysis, appraisal and evaluation of all facts, circumstances and materials deemed to relevant by the purchaser.
By taking possession of and reviewing the information herein, the Buyer acknowledges that Brian Baker and Tanner Fanello of Fuller Real
Estate are acting as Seller’s Agent (”Brokers”) in the disposition of the property. We will disclose to you all adverse material facts about the
property actually known by us. We will assist you without regard to race, creed, sex, religion, national origin, family status, marital status,
or handicap. The Buyer acknowledges receipt of the form
entitled Brokerage Disclosure to Buyer. (BD-24-6-17)
Please note: All showings must be arranged in advance
and accompanied by one of the listing brokers.
OFFERING MEMORANDUM
TABLE OF CONTENTS
EXECUTIVE SUMMARY
PROPERTY SUMMARY
RENT ROLL
INCOME AND EXPENSE
LOCATION OVERVIEW
JEFFERSON COUNTY INFORMATION
OFFERING MEMORANDUM
Sales Price: $1,250,000
Square Feet: 13,048
Price/SqFt.: $95.80
Occupancy: 100%
Net Operating Income: $91,839.76
Capitalization Rate: 7.35%
Nine (9) tenants currently occupy 100% of the building.
Full service leases include utilities, janitorial service, parking, snow removal and trash.
Currently 10 suites demised, could increase to 14 suites.
0.6 miles from the Garrison Light Rail Station.
Property receives many leasing inquires when suites vacate, Fuller has leased the Property since March 2015.
OFFERING MEMORANDUM
Sale Price: $1,250,000
Net Rentable Sq. Ft.: 13,048
Land Area: 35,024 SF (.80 acre)
Year Built: 1964
Occupancy: 100%
Parking: 55 spaces
Building Average Rent: $11.81 / RSF
Building Expenses SF: $4.47 / SF
Zoning: M-N-U (Mixed Use-Neighborhood-Urban)
City/County: Lakewood / Jefferson
Access: Millennium Control Access System
Providers: Comcast and Century Link
OFFERING MEMORANDUM
This information is from sources deemed reliable however we do not guarantee this information and recommend that all facts be independently verified.
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM OFFERING MEMORANDUM
This information has been secured from sources we deem reliable, but we make no representations, expressed or implied, as to the accuracy of the information. Referenced to square footage or age are approximate.
OFFERING MEMORANDUM
Revenue: First 5 months 2019 2019 forecasted
Tenant Rental Income $62,623.00 $150,163.56
Gross Income: $62,623.00 $150,163.56
Expenses:
Property tax $13,488.00 $13,488.00
Property insurance $3,091.00 $3,091.00
Electricity $5,987.00 $14,760.00
Water $308.00 $876.00
Sewer $152.00 $364.80
Storm water $642.00 $642.00
Fire alarm line $274.00 $576.00
Fire alarm inspection/monitoring $102.00 $102.00
Garbage $388.00 $924.00
HVAC maintenance $764.00 $4,584.00
Snow removal $770.00 $1,000.00
Janitorial $5,808.00 $11,916.00
Management $2,500.00 $6,000.00
Total Expenses $34,274.00 $58,323.80
Net Income $28,349.00 $91,839.76
This information is from sources deemed reliable however we do not guarantee this information and recommend that all facts be independently verified.
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM
OFFERING MEMORANDUM Source: Jeffcoedc.org
OFFERING MEMORANDUM Sources: West Metro Chamber of Commerce
OFFERING MEMORANDUM
OFFERING MEMORANDUM
CONTACT INFORMATION
Tanner Fanello
C: 303.945.1335
D: 720.306.6022
Brian Baker
C: 720.280.4733
D: 720.287.5416
Fuller Real Estate, LLC, 5300 DTC Pkwy., #100, Greenwood Village, CO 80111 , www.FullerRE.com
OFFERING MEMORANDUM