Premier Luxe Property Group, LLC is please to exclusively offer this NNN Investment Opportunity at 1550 Dover St, Lakewood, CO 80215. Price reduced resulting in a cap rate of 7.25%. The office building is 17,506 s.f. on two levels above grade and has a 1,107 s.f. unfinished basement. The building is situated on a 1.2019 acre lot just one half block north of Colfax Ave. in Lakewood. The building is currently owned and occupied by Bayaud Enterprises, Inc. and it’s affiliate company, Service Source, Inc. both of which are 501(c)(3) Non-Profit organizations. The mission of Bayaud Enterprises is to create Hope, Opportunity, and Choice, with work as the means through which people with disabilities and other hurdles to employment can more fully participate in the mainstream of life. Bayaud Enterprises was formed in 1969 and is in good standing with the State of Colorado. Seller is offering a sale/leaseback triple-net investment opportunity with a well funded and long-standing tenant. Tenant is seeking a 3-year lease. Seller also has ability to turn over property sooner to an owner-occupant buyer. Seller is highly motivated, bring any and all offers!
17,506 Sq Ft
1.2 Private Acres Lot Size
Commercial
$34,409 Annual Tax
Built in 1972
MLS/Listing ID 4161338
2 Stories
1 Units
Construction - Brick
Style - Traditional
Parking - Circular Driveway
Source of Data: RECOLORADO
TOTAL MONTHLY COST
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