Sold

Closed

2700 Gilstrap Court

Glenwood Springs CO, 81601

$5,000,000


$216.16 per sqft

Sold

Closed

23,131 sqft

Commercial

Built in 2003

Listed by Craig Helm with Sadler Real Estate, Inc., Listing Contact: (970) 948-0900 

Incredible investment opportunity to purchase Glenwood Springs best Office building. Building is 95% leased with 7 top tier tenants. Average expiration date of 2026. 17,320 sf above grade + 5,811 sf below grade. 46 car parking lot. Current CAP Rate =6.4% with current leases and capitol replacement fund. New roof in 2020 and HVAC controls update in 2018. Heating/cooling cost less than Energy Star standards. Building is condominiumized, but we are selling the entire building.

173009

MLS ID

December 6, 2021

Listed

October 1, 2024

Updated

Map

2700 Gilstrap Court
Glenwood Springs CO, 81601

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.86 Acres


Roof

Membrane

Other Property Details

Area Name

Glenwood Springs


Taxes

$50,753


Tax Frequency

Annually


Association Fee

$175,828


Garage

No


View

No


County

Garfield


Pool

No


Zoning

commercial

The IDX display contains information sourced from the Aspen Glenwood MLS as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Aspen Glenwood MLS all rights reserved.

Data last updated on 10/1/2024 at 9:22 PM UTC

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