25997 Conifer Rd 4,727 SF 92% Leased Retail Building Conifer, CO 80433 $1,136,279 CAD ($240.38 CAD/SF) 8.02% Cap Rate

Keller Williams Commercial & the Lucchesi Property Group are pleased to offer this fully-leased retail and office investment sale opportunity to the market. The Property consists
of five (5) tenants occupying six (6) units, key tenants have established history, and a well balanced roll-over schedule. The investment opportunity features $65,202 in-place Net Operating Income at a 7.25% Cap Rate. The new roof was replaced in Sept. 2024 at over $60,000 capital investment. The 2nd and 3rd floor was added in 1998 and the interior has had multiple finish renovations. A Value-Add opportunity exists with the vacant (423 SF) space. You could rent it, or convert it to additional common area and increase the load factor (allowing full NNN reimbursement).
The Property is well located in Aspen Park district of Conifer, Colorado. It has excellent visibility from Hwy 285 and easy access, with multiple points of ingress and egress from the frontage road (Conifer Rd). Aspen Park is a mixed urban, suburban, and rural area located in the foothills of the Rocky Mountains just 30 minutes west of Downtown Denver. It offers a mountain lifestyle with access to urban amenities and is surrounded by aspen and pine trees. Aspen Park is known for its small-town feel, highly-rated schools, and proximity to outdoor recreation. With more residents being priced out of metro Denver, Conifer continues to become a popular bedroom community. The growth trend has lead to increased demand for retail and office space in Aspen Park, supporting the long-term desirability of this turn-key investment opportunity.