18400 Cottonwood Drive
Parker, CO
Price:
$12673000
Cap Rate:
6.50%
NOI:
$823,763
Building Size:
Approx. 57677 Sq. Ft.
Lot Size:
Approx. 6.03 Acres
Type:
Single-Tenant / Retail
Sub Category:
Anchor
Year Built:
2016
Investment Overview
- New Construction | 57,677+/- SF Building on 6.03+/- Acre Site
- New 15-Yr Corp Absolute NNN Lease beginning October 2016
- Located along Cottonwood Dr (7,000 VPD), just E of S Parker Rd (50,000 VPD)
- Near Costco, Chipotle, Saltgrass, Lifetime Fitness, Hampton Inn, Chase, Chick-Fil-A
- Adjacent to Vantage Point Apartments (900-Units) | Lighthouse Apartments (300-Units)
- Parker is located in Douglas County & is ranked 12th on the CNN Money Magazine’s Best Places to Live
- Douglas County is rated as the 7th wealthiest county and is 4th on the Top 25 Fastest Job Growth list
- 5-Mile Estimated 2016 Population: 162,279 | 5-Mile Average Household Income: $114,934
- Parker is located 20-Miles S of Downtown Denver | 30-Min away from Denver’s International Airport
- Denver-Aurora-Lakewood (MSA) Population: 2,812,732 (10.6% increase compared to 2010 Census)