Value Add Opportunity! Foxridge Professional Building is an attractive multi-tenant, value-add investment or Owner/User opportunity located in Foxridge Plaza Shopping Center, a King Soopers anchored retail center in Centennial, Colorado.
This 11,004 square foot building includes five leased retail spaces, one leased o?ce space and 3,844 square feet of available o?ce space. The retail portion is fully leased to established businesses, including Inle Massage, Denver Doll Emporium, Kumon School, Colorado School of Acting, Brixton Barbers, and State Farm.
The property, currently 65% leased, o?ers a unique value-add opportunity for investors to increase revenue and property value, or for an owner-user to occupy the available units and receive income from the other Tenants. Additionally, the next owner may significantly
increase cash flow by transitioning the existing Expense Stop leases to NNN over time to recapture the majority of property expenses.
Located in a neighborhood retail center, the property o?ers ample parking, including 27 covered parking spaces and 10 surface spaces, and provides easy access from Holly Street and County Line Road. Tenants benefit from prominent building signage, monument signage and tra?c from synergistic tenants occupying Foxridge Shopping Center.