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