2165 S Webster St
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2165 S Webster St
9,200 SF Retail Building Lakewood, CO 80227 £2,308,228 (£251/SF) 4.24% Net Initial Yield
Executive Summary
Single-Tenant Net Lease Retail Investment Opportunity
- New 20 Yr. Ground Lease with Les Schwab (zero LL responsibilities), opening September 2024
- 10% Rent Escalations every 5 yrs.
- Part of recent infill development
- New 20 Yr. Ground Lease with Les Schwab (zero LL responsibilities), opening September 2024
- 10% Rent Escalations every 5 yrs.
- Part of recent infill development
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,200 SF
Year Built
2024
Price
£2,308,228
Price Per SF
£251
Net Initial Yield
4.24%
NOI
£97,806
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
1.72 AC
Parking
5.43 Spaces per 1,000 SF Leased
Bike Score ®
Very Bikeable (73)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 49-261-02-004 | Improvements Assessment | £0 |
Land Assessment | £238,111 | Total Assessment | £238,111 |
PROPERTY TAXES
Parcel Number
49-261-02-004
Land Assessment
£238,111
Improvements Assessment
£0
Total Assessment
£238,111
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2165 S Webster St
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