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5610 Ward Rd - 5610 Ward Rd #130 5,985 SF Office Condo Unit Offered at $2,179,731 CAD in Arvada, CO 80002
Investment Highlights
- Single-Tenant Triple Net (NNN) Lease
- Long-Term Lease Stability
Executive Summary
Featuring high-quality construction in a desirable, high-image office park setting. Benefit from a prestigious location, strong tenant presence, and a well-structured lease providing reliable cash flow and long-term investment stability.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 3 |
| Cap Rate | 6.30% |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| No. Parking Spaces | 3 |
Description
Newly built-out custom for SMA, their space has an interesting variance in ceiling heights, with glass sidelights, and a contemporary feel. SMA has highly visible signage on the building.
Sale Notes
- Office/Flex Space: High-quality construction in a desirable location, ensuring a professional environment.
- Single-Tenant Triple Net (NNN) Lease: Tenant responsible for property taxes, insurance, and maintenance, providing stable income.
- Long-Term Lease Stability: Recently extended lease through March 31, 2032, with renewal options for reduced vacancy risk.
- High Image Office Park Setting: Located in a prestigious office park that enhances corporate image and atmosphere.
Attractive Investment Opportunity: Combines a reputable tenant with a well-structured lease, offering reliable cash flow.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 130 | 5,985 SF | Office | $2,179,731 CAD ($364.20 CAD/SF) | $137,358.91 CAD |
Unit 130
| Unit Size |
| 5,985 SF |
| Condo Use |
| Office |
| Price |
| $2,179,731 CAD ($364.20 CAD/SF) |
| NOI |
| $137,358.91 CAD |
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Unit 130
| Unit Size | 5,985 SF |
| Condo Use | Office |
| Price | $2,179,731 CAD ($364.20 CAD/SF) |
| NOI | $137,358.91 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| No. Parking Spaces | 3 |
| Description | |
| Newly built-out custom for SMA, their space has an interesting variance in ceiling heights, with glass sidelights, and a contemporary feel. SMA has highly visible signage on the building.</li></ul> | |
| Sale Notes | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Office/Flex Space: High-quality construction in a desirable location, ensuring a professional environment.<br> </li><li> Single-Tenant Triple Net (NNN) Lease: Tenant responsible for property taxes, insurance, and maintenance, providing stable income.<br> </li><li> Long-Term Lease Stability: Recently extended lease through March 31, 2032, with renewal options for reduced vacancy risk.<br> </li><li> High Image Office Park Setting: Located in a prestigious office park that enhances corporate image and atmosphere.<br> Attractive Investment Opportunity: Combines a reputable tenant with a well-structured lease, offering reliable cash flow.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 58,287 SF | Floors | 1 |
| Property Type | Flex (Condo) | Typical Floor Size | 9,500 SF |
| Property Subtype | Light Manufacturing | Year Built | 2005 |
| Building Class | B | Lot Size | 3.74 AC |
| Total Building Size | 58,287 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 9,500 SF |
| Year Built | 2005 |
| Lot Size | 3.74 AC |
Amenities
- Signage
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Thrive Workplace Arvada |
-
|
Jan 0000
|
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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5610 Ward Rd - 5610 Ward Rd #130
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