Investment Overview
Hier & Company Brokerage, LLC is pleased to present the sale of a three-tenant, brand new constructed flex building in ever- growing Parker, Colorado. The Building is a 14,428 square foot flex space that sits on a large 1.372-acre lot. All tenants recently signed new 7 or 10 year triple-net (NNN) leases, with options to extend, and annual Base Rent escalations. All leases are personally guaranteed by financially strong guarantors. All leases are set to commence the earlier of i) 120 days after certificate of occupancy or ii) tenant opening for business. Leases are set to commence in early 2024. This tremendous asset is being offered at $5,500,000.
Investment Highlights
- Brand New Construction - Complete in 2023 (Core & Shell)
- All leases are triple-net (NNN) leases with lengths longer than 7 years
- Annual Base Rent escalations for all tenants
- Strong personal guarantors underlying leases
- Flex building and zoning allows for variety of future uses
- Located in the growing and demographically strong Parker, Colorado