9895 W Remington Pl
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9895 W Remington Pl
8,131 SF 100% Leased Office Building Littleton, CO 80128 £2,147,634 (£264/SF) 7% Net Initial Yield
Executive Summary
Located just off this busy S. Kipling St. retail district, this investment property is listed at a 7.00 Cap Rate based on income and expenses for 2024. There are two tenants in this
8,131 SF building; Pinon Family Practice Professional LLP and Christuman Church. Pinon occupies 6,531 SF and has a lease terminating on 08/31/2030 with annual base rent increases of 3%. They have a NNN lease. Christuman occupies 1,600 SF and has a lease terminating on 06/30/2027. Their lease is a full service lease. Please feel free to contact broker for detailed information. Pinon has been in the building since 2010 with a well-established practice. Christuman Church has been in the building since 2022 and recently extended their lease. Includes large back yard and amenities for employees.
8,131 SF building; Pinon Family Practice Professional LLP and Christuman Church. Pinon occupies 6,531 SF and has a lease terminating on 08/31/2030 with annual base rent increases of 3%. They have a NNN lease. Christuman occupies 1,600 SF and has a lease terminating on 06/30/2027. Their lease is a full service lease. Please feel free to contact broker for detailed information. Pinon has been in the building since 2010 with a well-established practice. Christuman Church has been in the building since 2022 and recently extended their lease. Includes large back yard and amenities for employees.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,131 SF
Building Class
B
Year Built
2003
Price
£2,147,634
Price Per SF
£264
Net Initial Yield
7%
NOI
£150,334
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
8,131 SF
Building FAR
0.20
Lot Size
0.92 AC
Zoning
PD, Littleton - Planned Development
Parking
33 Spaces (4.06 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Walk Score ®
Very Walkable (83)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 69-032-03-006 | Improvements Assessment | £42,554 |
| Land Assessment | £209,306 | Total Assessment | £251,860 |
PROPERTY TAXES
Parcel Number
69-032-03-006
Land Assessment
£209,306
Improvements Assessment
£42,554
Total Assessment
£251,860
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9895 W Remington Pl
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