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Previous Description:
(Ask broker about "SELLER FINANCING" offered at 6% interest for qualified purchaser with 30% down payment) 72 Suttle Street Condos is a 951 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commercial building. Good investment with rent increasing every year, plus secured by a professional medical office long term lease to Colorado Testing Services. Currently for leased for $1,091.00 per month Triple Net until December 31, 2025 with a option to renew. Office is a leased for a drug testing facility with 1/2 bath and very nice finish. The 2023 $12,720 per year "Triple Net" income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.
Updated Description:
(Ask broker about "SELLER FINANCING" offered at 6% interest for qualified purchaser with 30% down payment) 72 Suttle Street Condos is a 951 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commercial building. Good investment with rent increasing every year, plus secured by a professional medical office long term lease to Colorado Testing Services. Currently for leased for $1,091.00 per month Triple Net until December 31, 2025 (Tenant pays the $297.30 per month C.A.M. Fees plus the R.E. Taxes $170.08 per month, subject to change annually) with a option to renew. Office is a leased for a drug testing facility with 1/2 bath and very nice finish. The 2023 $12,720 per year "Triple Net" income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.
