Lakewood, CO
Price: $1,500,000
Cap Rate: 8.97%
Status: UNDER CONTRACT

blue west capital wadsworth
blue west capital wadsworth

10th & Wadsworth Office Building 
950 Wadsworth Boulevard, Lakewood, CO

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Blue West Capital is pleased to present the sale of 10th & Wadsworth Office Building, a three-story 18,055 SF office building located at 950 Wadsworth Boulevard–just six miles from Downtown Denver in Lakewood, Colorado. The property is 72% occupied offering value-add via lease-up of vacant space.  The building sits on 1.2 acres on a signalized hard corner with over 65,000 vehicles per day.

The office building is priced well below replacement cost at $74.91 per square foot.  The large lot offers ample off-street parking and high visibility with a large monument sign.

  • Priced well below replacement cost at $74.91/SF
  • Traffic counts in excess of 65,000 vehicles per day 
  • Valuable underlying real estate, 1.2 acres on a signalized hard corner
  • Value-add via lease-up of vacant space (72% occupied)
  • Six miles from Downtown Denver, blocks west from Lakewood Country Club
  • Ample off-street parking
  • Large monument sign 

OFFERING SUMMARY

Price: $7,525,000
Cap Rate: 5.50%

Building Size: 13,975 SF
Occupancy:
100%

INVESTMENT CONTACT

SHAWN DICKMANN  
Associate
Investment Sales
720.828.8310
ShawnBlueWestCapital.com

ROBERT EDWARDS  
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

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2021-12-02T17:03:09-07:00
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