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Wheat Ridge Office Space 8850 W 38th Ave 5,048 SF 50% Leased Office Building Wheat Ridge, CO 80033 $1,175,000 ($232.77/SF)

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Investment Highlights

Brand New Roof
Oversized lot with 26 off-street parking spaces

Perfect for Owner-User and/ or Value-add Investor
ADA access for both floors

Executive Summary

PROPERTY FEATURES
2,524 SF Vacant Main Floor - Reception Desk, Open Work Area, 2 Large Private Offices, Kitchen, 2 Private Restrooms, Ground Floor Unit
1,262 SF 2nd Floor Space – Chiropractor with Lease in Place until August 2028
1,262 SF 2nd Floor Space – Chiropractor with recently executed 5 year lease in place. 4 Offices, a reception area,
a kitchenette and an ADA bathroom. ADA accessibility to the 2nd floor
through a ramp.

8850_West_38th_Avenue _For_Sale_Brochure

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Property Subtype

Medical

Building Size

5,048 SF

Building Class

Year Built

1981

Price

$1,175,000

Price Per SF

$232.77

Percent Leased

50%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

2,524 SF

Building FAR

0.31

Lot Size

0.37 AC

Parking

30 Spaces (5.94 Spaces per 1,000 SF Leased)

Major Tenants

Dr. Erica Cwalina, D.C.
Health Care and Social Assistance
-
$16.00
Modified Gross
-

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
Dr. Erica Cwalina, D.C.	Health Care and Social Assistance	-	$16.00	Modified Gross		-

Space Availability

Space
Size
Space Use
Condition
Available

1st Fl-Ste A
2,524 SF
Office
Spec Suite
Now

Located between Wadsworth & Kipling on W. 38th Ave., and just west of the Lutheran Medical Center, this small multi-tenant building currently offers one suite available for lease. This property offers a great location near the Lutheran Medical Center, abundant off-street parking (26 spaces) and signage along W. 38th Avenue is available. Tenant pays for Xcel, internet & cable.