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985 N Wilson Ave
Loveland, CO 80537
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Fully Leased
- On-Site Management
- Excellent Condition
EXECUTIVE SUMMARY
985 North Wilson Avenue is an Office/Flex property consisting of two buildings situated on 2 adjacent parcels of land totaling 1.166 acres. One building is an Office/Flex building consisting of 15,040 square feet. 12,106 is configured as office and 2,934 square feet is adjacent warehouse space. The other building is a detached Shop/Engineering building consisting of 1,500 square feet. Both structures are located on one site and the other site is strictly additional parking.
The property is leased to First Professional Services (FPS), who occupies 10,714 square feet of the main building, including the warehouse space and Extrude 2 Fill (X2F) who occupies 4,326 square feet of office in the main building and the 1,500 square foot shop.
First Professional Services describes itself as a full-service revenue cycle management company.
Extrude 2 Fill is an engineering and design company that pioneered a Controlled Viscosity Molding (CVM) platform representing a quantum leap in molding technology, CVM allows the use of fillers and additives that impart enhanced properties to base polymers used across a range of industries, from industrial and consumer electronics to automotive and medical applications.
The property is leased to First Professional Services (FPS), who occupies 10,714 square feet of the main building, including the warehouse space and Extrude 2 Fill (X2F) who occupies 4,326 square feet of office in the main building and the 1,500 square foot shop.
First Professional Services describes itself as a full-service revenue cycle management company.
Extrude 2 Fill is an engineering and design company that pioneered a Controlled Viscosity Molding (CVM) platform representing a quantum leap in molding technology, CVM allows the use of fillers and additives that impart enhanced properties to base polymers used across a range of industries, from industrial and consumer electronics to automotive and medical applications.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
16,540 SF
Building Class
B
Year Built/Renovated
1984/2017
Price
$3,454,328 CAD
Price Per SF
$208.85 CAD
Cap Rate
9.30%
NOI
$321,240 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
16,540 SF
Building FAR
0.33
Lot Size
1.16 AC
Zoning
B-Developing Business
Parking
59 Spaces (3.57 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Skylights
- Wheelchair Accessible
- Storage Space
- Outdoor Seating
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 95152-21-002 | Improvements Assessment | $814,432 CAD |
| Land Assessment | $228,690 CAD | Total Assessment | $1,043,122 CAD |
PROPERTY TAXES
Parcel Number
95152-21-002
Land Assessment
$228,690 CAD
Improvements Assessment
$814,432 CAD
Total Assessment
$1,043,122 CAD
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