Government Anchored Investment Property with 9 Year WALT
18300 E 71st Ave
Denver, CO 80249
Highlights
- 100% occupied with 9 Years of WALT
- Anchor tenant, U.S. Customs, has 20 years of term remaining (17 years firm)
- Niche property with amazing occupancy history due to limited office supply near the rapidly growing DIA
Description
SVN | Denver Commercial as exclusive advisor is pleased to present qualified investors with the opportunity to purchase the High Plains Office Building located at 18300 E 71st Ave, Denver, CO. This impressive 27,067 SF office building, constructed in 2004, is 100% leased and ideally positioned in the thriving DIA submarket. The anchor tenant, U.S. Customs (GSA), just signed a 20 year lease extension with escalations throughout the lease. The remainder of the building is comprised of small-suite offices to a high credit roster of tenants, who each make up no more than 10% of the rentable square footage. The ten tenant rent roll provides diversification of income as well as the ability to offset inflation. There is currently more demand for office space than this niche submarket can support due to DIA growing rapidly and all of its office space being 100% occupied.
The High Plains Office Building at 18300 E 71st Ave is the closest office building to the Denver International Airport. It is also conveniently located in the same neighborhood as both the new Gaylord Hotel, the Denver Panasonic Smart City, and the Pena light rail station.
Located within the Denver International Business Center (DIBC), which is one of Colorado's premier master-planned business parks, the property is complimented by many nearby amenities.
