8601 Turnpike Dr, Westminster, CO, 80031

Description

Unique Properties and Newmark (“Agents”) are pleased to announce they have been retained to sell 8601 Turnpike Dr, a 23,376 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 2001 on a 1.73 acre site that has 97 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 tenant base is comprised of 64% medical tenants with the balance of the building leased to insurance, educational and financial service users.

8601 Turnpike Dr 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 1, 2 & 3 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 4

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