1403 Plaza Dr - Schools FOR SALE


Highlands Ranch, CO 80129
$7,036,593 USD
513-300-0763
1403 Plaza Dr, Highlands Ranch, CO for Sale
$7,036,593 USD
Schools - FOR SALE
1/2
null | 6.75% Cap Rate

1403 Plaza Dr
Highlands Ranch, CO 80129


HIGHLIGHTS

  • Long-Term, 15-Year Double-Net (NN) Lease with Minimal Landlord Responsibilities
  • 10% Rental Increases Occurring Every Five Years
  • Two, Five-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
  • Strategic Asset Positioning | Subject Property is an Outparcel to the ARC 470 Office Complex | 598,000 SF of Class-A Space in Three Buildings
  • Excellent Colorado Real Estate | Approx. 12 Miles from the Heart of Downtown Denver | Capital and Most Populous City of the U.S. State of Colorado
  • Robust Demographics | Population Exceeds 222,000 Individuals within a Five-Mile Radius of the Subject Property

OVERVIEW

Bang Realty is pleased to present the exclusive net lease offering for The Learning Experience located at 1403 Plaza Drive in Highlands Ranch, CO. The site consists of roughly 10,000 rentable square feet of building space along with a roughly 5,000 square foot playground on an estimated 1.10-acre parcel of land. This Learning Experience is subject to a 15-year double-net (NN) lease, which commenced July 18, 2024. The annual rent will be $474,970 and is scheduled to increase by ten percent (10%) every five (5) years throughout the base term and in each of the two (2), five (5)-year renewal options.

FOR SALE DETAILS

PRICE

$7,036,593 USD

PRICE/SF

$469 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.