Property Description
NavPoint Real Estate Group is pleased to offer the exclusive opportunity to acquire this Single Tenant Net Leased Investment Property located 25 miles west of Downtown Denver in Morrison Colorado. The property consists of an 8,321 SF single story free standing building situated on a 2 acre lot, with 50 parking spaces including a secure fenced compound area for equipment and vehicles.
Currently leased to Wanzek Construction, with a new 5-year lease plus two 5-year options to extend. The lease type is Triple Net and includes a 3% annual increase for all years. This location is the Rocky Mountain Regional Headquarters for Wanzek.
The property is part of a small business park just off Highway 285, which is just west of Morrison, Colorado. The building is located near a high income and high growth area with a average household income of $174,396 within a 3-mile radius.
