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940 Wadsworth Blvd 40,474 SF 90% Leased Office Building Lakewood, CO 80214 $7,796,213 CAD ($192.62 CAD/SF) 3% Cap Rate

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EXECUTIVE SUMMARY

Great opportunity for owner/user or investment.
Excellent location near West 6th Avenue and Wadsworth Blvd.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
40,474 SF
Building Class
B
Year Built
1983
Price
$7,796,213 CAD
Price Per SF
$192.62 CAD
Cap Rate
3%
NOI
$233,886 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,119 SF
Building FAR
0.41
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
M-G-U (Lakewood)
Parking
129 Spaces (3.19 Spaces per 1,000 SF Leased)

AMENITIES

  • Commuter Rail
  • Kitchen
  • Drop Ceiling
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 203
  • 1,375 SF
  • Office
  • Full Build-Out
  • Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills)

  • 3rd Fl-Ste 310
  • 1,674 SF
  • Office
  • Partial Build-Out
  • Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills)

  • 4th Fl-Ste 420
  • 928 SF
  • Office
  • Full Build-Out
  • Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills) • Functioning Sound Studio & Reception Area

Space Size Space Use Condition Available
2nd Fl-Ste 203 1,375 SF Office Full Build-Out Now
3rd Fl-Ste 310 1,674 SF Office Partial Build-Out Now
4th Fl-Ste 420 928 SF Office Full Build-Out Now

2nd Fl-Ste 203

Size
1,375 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 310

Size
1,674 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Fl-Ste 420

Size
928 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 203

Size 1,375 SF
Space Use Office
Condition Full Build-Out
Available Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills)

3rd Fl-Ste 310

Size 1,674 SF
Space Use Office
Condition Partial Build-Out
Available Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills)

4th Fl-Ste 420

Size 928 SF
Space Use Office
Condition Full Build-Out
Available Now

• Lease Rate: $19.50 - $21.50/sf FSG • Excellent Access to 6th Ave • Close proximity to downtown Denver central business district and Foothills • Abundant Parking • Close Proximity to Retail (Belmar and Colorado Mills) • Functioning Sound Studio & Reception Area

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-024-00-003
Land Assessment
$899,878 CAD (2024)
Improvements Assessment
$530,186 CAD (2024)
Total Assessment
$1,430,065 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
  • Listing ID: 33676971

  • Date on Market: 2024-10-29

  • Last Updated:

  • Address: 940 Wadsworth Blvd, Lakewood, CO 80214

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