north park place condo · this attractive condo is well located in west loveland near benson...

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PROPERTY SUMMARY NORTH PARK PLACE CONDO 1425 WEST 29TH STREET Loveland, CO 80538 FOR SALE | INVESTMENT www.cbre.us/colorado CONTACT JULIUS TABERT Vice President +1 970 372 3852 [email protected] JERRY GRAHAM Associate +1 970 372 3861 [email protected] List Price $145,000 Size 643 SF Price Per Square Foot $225.50 Tenant Mother Earth Academy LLC NOI (2019) $10,488 Cap Rate 7.23% Lease Expiration 8/14/2021 Lease Rate $16.31/SF NNN Escalators 3% Annually Property Taxes 2017 $2,106.65 Association Dues $205.37/Month Year Built 1995 PROFESSIONAL OFFICE CONDO INVESTMENT This attractive condo is well located in West Loveland near Benson Sculpture Garden, Loveland High School, Lake Loveland, and The Olde Course of Loveland. It is easily accessible from West 29th Street and North Taft Avenue. The bright office environment offers large windows, a private entrance and well maintained landscaping. This is the ideal setting for the small office user.

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Page 1: NORTH PARK PLACE CONDO · This attractive condo is well located in West Loveland near Benson Sculpture Garden, Loveland High School, Lake Loveland, and The Olde Course of Loveland

PROPERTY SUMMARY

NORTH PARK PLACE CONDO1425WEST 29TH STREETLoveland, CO 80538

FOR SALE | INVESTMENT

www.cbre.us/colorado

CONTACT

JULIUS TABERTVice President+1 970 372 [email protected]

JERRY GRAHAMAssociate+1 970 372 [email protected]

List Price $145,000

Size 643 SF

Price Per Square Foot $225.50

Tenant Mother Earth Academy LLC

NOI (2019) $10,488

Cap Rate 7.23%

Lease Expiration 8/14/2021

Lease Rate $16.31/SF NNN

Escalators 3% Annually

Property Taxes 2017 $2,106.65

Association Dues $205.37/Month

Year Built 1995

PROFESSIONAL OFFICE CONDO INVESTMENT

This attractive condo is well located in West Loveland near Benson Sculpture Garden, Loveland High School, Lake Loveland, and The Olde Course of Loveland. It is easily accessible from West 29th Street and North Taft Avenue. The bright office environment offers large windows, a private entrance and well maintained landscaping. This is the ideal setting for the small office user.

Page 2: NORTH PARK PLACE CONDO · This attractive condo is well located in West Loveland near Benson Sculpture Garden, Loveland High School, Lake Loveland, and The Olde Course of Loveland

FLOOR PLAN

FOR SALENORTH PARK PLACE OFFICE CONDO

1425WEST 29TH STREET

Loveland, CO 80538

www.cbre.us/colorado

+ Well maintained professional office

park at a heavily trafficked intersection

+ Located in West Loveland

+ Tenant offers a private school that

serves grades K-3.

+ Tenant has three (three) year options to

extend the lease.

+ Easy access to shopping, dining and

hospitality venues

+ Easy Highway 287 access

+ Private restroom

Page 3: NORTH PARK PLACE CONDO · This attractive condo is well located in West Loveland near Benson Sculpture Garden, Loveland High School, Lake Loveland, and The Olde Course of Loveland

AERIAL MAP

FOR SALENORTH PARK PLACE OFFICE CONDO

1425WEST 29TH STREET

Loveland, CO 80538

www.cbre.us/colorado

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

INTERSTATE

25

287

WEST 29TH STREET

NO

RTH

TA

FT A

VEN

UE

WEST EISENHOWER BOULEVARD

BO

YD L

AK

E A

VEN

UE

1425 West 29th Street

34

BOYD LAKE

34

LAKE LOVELAND

287

BENSON SCUPTURE GARDEN

LOVELAND HIGH SCHOOL