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940 Wadsworth Blvd

40,474 SF 86% Leased Office Building Lakewood, CO 80214 £4,406,565 (£109/SF) 3% Net Initial Yield

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 Annual Per SF
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
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
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
£4,406,565
Price Per SF
£109
Net Initial Yield
3%
NOI
£132,197
Percent Leased
86%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
10,119 SF
Building FAR
0.41
Land Acres
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
  • Suspended Ceilings
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 3,714 SF
  • Office
  • -
  • 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)

  • 2nd Fl-Ste 203
  • 1,375 SF
  • Office
  • Full Build-Out
  • Jan 2025

• 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
  • -
  • 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
  • Jan 2025

• 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
1st Fl-Ste 100 3,714 SF Office - Now
2nd Fl-Ste 203 1,375 SF Office Full Build-Out Jan 2025
3rd Fl-Ste 310 1,674 SF Office - Now
4th Fl-Ste 420 928 SF Office Full Build-Out Jan 2025

1st Fl-Ste 100

Size
3,714 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 203

Size
1,375 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

3rd Fl-Ste 310

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

4th Fl-Ste 420

Size
928 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2025

1st Fl-Ste 100

Size 3,714 SF
Space Use Office
Condition -
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)

2nd Fl-Ste 203

Size 1,375 SF
Space Use Office
Condition Full Build-Out
Available Jan 2025

• 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 -
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 Jan 2025

• 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
£507,686
Improvements Assessment
£299,116
Total Assessment
£806,802
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
  • Listing ID: 33676971

  • Date on Market: 29/10/2024

  • Last Updated:

  • Address: 940 Wadsworth Blvd, Lakewood, CO 80214

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