Westpark Office Center Building 1
8461 Turnpike Drive
Westminster, CO 80031
Description
Unique Properties and Newmark (“Agents”) are pleased to announce they have been retained to sell Westpark Office Center Building 1, a 16,823 SF, multi-tenant office property located in Westminster, Colorado. The property is located in the flourishing high-tech U.S. Highway 36 corridor adjacent to the Westminster Downtown redevelopment project and just minutes from Boulder and Downtown Denver.
Construction of the building was completed in 1998 on a 1.36 acre site that has 69 parking spaces and a parking ratio of 4.03 per 1,000. With on-site ownership and management, the building has been upgraded and well maintained. The strong, diversified tenant base is comprised of professional office tenants in the healthcare (medical & dental), financial services, insurance, legal and general office users.
Westpark Office Center Buildings 1 is a great office investment featuring a diverse mix of tenants, staggered lease expirations and Base Year expense reimbursements to hedge against expense increases. The property has a history of consistent 95%+ occupancy and is well located in Denver’s Northwest Office Submarket to serve the area’s small business office space requirements. This investment offering presents investors with an opportunity to acquire a stabilized, in demand office asset in the fast-growing Northwest metro office market.
The adjacent Westpark Office Center Buildings 2, 3 & 4 are also available for sale making this a great 4 building office campus investment on an almost 6 acre parcel fronting US-36 (Denver-Boulder Turnpike).
Westpark Office Center Building
