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Office

3705 W 12th St

3705 W 12th St, Greeley, CO 80634

Listing Price: $1,150,000

Cap Rate
8.05%
Gross SF
8,071
Rentable SF
8,071
Price/Gross SF
$142.49
Lot Size
0.85 acres
Year Built
1985

Investment Overview

Marcus & Millichap is pleased to present the Parkview Professional Building, an 8,072 square foot, Class B, multi-tenant medical office building located at 3705 West 12th Street in Greeley, Colorado.

Built in 1985 on a 0.85 acre lot, the building is 94% leased to six tenants, including two tenured dental practices. Listed at $1,150,000 ($142/SF), the property is operating at an 8.10% in-place cap rate.

Located near the intersection of West 10th Street and 35th Avenue in Greeley, Colorado, the property is adjacent to Bittersweet Park and Greeley Country Club. Additionally, several national retailers such as Walmart, Walgreens, and Lowes are located nearby on West 10th Street.

The Parkview Professional Building is a great opportunity for an investor to acquire a multi-tenant medical office building with strong cash flow in a growing market.

Investment Highlights

  • 8,072 SF, Class B, Office Building
  • $1,150,000 List Price ($142/SF)
  • 8.10% In-Place Cap Rate

Exclusively Listed By

Listing Price: $1,150,000

Cap Rate
8.05%
Gross SF
8,071
Rentable SF
8,071
Price/Gross SF
$142.49
Lot Size
0.85 acres
Year Built
1985

Investment Highlights

  • 8,072 SF, Class B, Office Building
  • $1,150,000 List Price ($142/SF)
  • 8.10% In-Place Cap Rate

Investment Overview

Marcus & Millichap is pleased to present the Parkview Professional Building, an 8,072 square foot, Class B, multi-tenant medical office building located at 3705 West 12th Street in Greeley, Colorado.

Built in 1985 on a 0.85 acre lot, the building is 94% leased to six tenants, including two tenured dental practices. Listed at $1,150,000 ($142/SF), the property is operating at an 8.10% in-place cap rate.

Located near the intersection of West 10th Street and 35th Avenue in Greeley, Colorado, the property is adjacent to Bittersweet Park and Greeley Country Club. Additionally, several national retailers such as Walmart, Walgreens, and Lowes are located nearby on West 10th Street.

The Parkview Professional Building is a great opportunity for an investor to acquire a multi-tenant medical office building with strong cash flow in a growing market.

Exclusively Listed By

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