Investment Highlights
- Market Leading, Credit Rated Tenancy
- Both tenants signed 10-year leases in 2017 and have approximately 7 years remaining with rental increases in 2022
- Passive investment, no CAM management required
- 138,000 VPD at I25 & US 34
- $126,437 - Average Househould Income within 3-Miles
- 942 recently constructed apartment units within two blocks of subject property
- 660 hotel rooms at the I25 & US 34 Interchange
- 4,000+ Residential Units Under Development in Submarket
- Price: $9,075,000
- Cap Rate: 6.76%
- Lease Type: Double Net (NN)
- Year Built: 2017
- Building SF: 50,163
- Status: Sold