2162 Lawrence St - Storefront Retail/Office FOR SALE
Denver, CO 80205 |
$9,569,032 USD
630-854-9717
2162 Lawrence St
Denver, CO 80205
HIGHLIGHTS
- LONG-TERM LEASE – The property features a fresh 15-year lease with two, five-year renewal options which ensure a long-term stream of cash flow.
- ABSOLUTE TRIPLE NET LEASE – The property is leased on an absolute triple net basis with Zinnia Health assuming all responsibilities.
- 3% ANNUAL ESCALATOR – The property lease includes an attractive 3% annual escalator which ensures investors have increasing cash flow.
- MAJOR METRO LOCATION – The property is strategically located in the heart of downtown Denver and features a five-mile population of 459k.
- HIGH-CALIBER OPERATOR – Zinnia Health currently operates 10 inpatient programs and 10 outpatient programs in 6 states across the United States.
- NEW REDEVELOPMENT – The property is a redevelopment that provides investors the opportunity to acquire a recently renovated facility in Denver.
FOR SALE DETAILS
PRICE
$9,569,032 USD
PRICE/SF
$510 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Zinnia Health | Denver Recovery Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1911
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
D-AS-12+
APN/PARCEL ID
02342-34-025-000
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630-854-9717
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630-854-9717
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