8680 Concord Center DrEnglewood, CO 80112

This exceptional investment opportunity presents a 20,900-square-foot, single-story office building in Englewood, Colorado. Located within the Concord Commons business park, this property boasts convenient access to E-470 and I-25, offering unparalleled highway accessibility. The building, constructed in 2005, is currently 100% occupied by ConvergeOne, Inc., under a Net Lease agreement commencing February 28, 2018, and expiring December 30, 2027. The lease features annual rent escalations of approximately 3%, ensuring consistent income growth. The property features a desirable flex layout, including 14-foot clear ceilings, two dock-high doors, and 1,835 square feet of warehouse space with expansion potential. A significant asset is the 1,000-square-foot data room equipped with 1MW of power and a backup generator, crucial for the tenant's operations. The asking price is $4,875,000, representing a compelling cap rate of 9.25% and a price per square foot of $233.25. The property sits on a 1.58-acre lot and offers ample parking (59 spaces per 1,000 square feet). The building has been meticulously maintained, with recent upgrades including new carpet and interior paint. Its location in the thriving Denver MSA, near Fortune 500 companies and a booming tech market, further enhances its investment appeal. The property is zoned MU-PUD. This is a rare opportunity to acquire a high-quality, net-leased asset with a strong tenant and significant upside potential.