Rampart Center - Building B

7245 S Havana St, Englewood, CO, 80112, US

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale Rampart Center (the “Property”). Rampart Center is comprised of one single story flex office buildings totaling 50,846 square feet located in Denver’s Southeast Suburban submarket. The Property presents a compelling opportunity to enjoy a durable cash stream with the optionality to add flex doors in the future to create more functionality to this asset.

The Property is 100% leased to 4 tenants with a weighted average remaining lease term of 10.3 years. In addition, Rampart Center features 43.4% of the gross leaseable area with a AA+ credit rating and the remaining square footage is with well-established companies, providing a combination of durable cash flow in the near term with significant upside via the addition of rollup doors.

Rampart Center is strategically located in the Southeast Submarket, one of Colorado’s most affluent and highly educated areas with the highest concentration of Fortune 500 companies in the state.

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Attributes

Building area net

4,724 m²

Occupancy

100%

WAULT

10.3 years

Media

Investment Highlights

Incredible Leasing Momentum and Occupancy that Outperforms the Denver Metro
10.3 Years of Weighted Average Lease Term Remaining (GSA has 90-day termination option after 10 years)
43% of the Rent Roll is GSA with Firm Term (Passport Office)
~$10,000,000 ($450/sf) spent on the GSA Suite Improvements
Capital Improvements and Amenities Including a Fitness Center and Community Courtyard
Flex Potential with the Addition of Rollup Doors, Creating Future Value and Functionality
Ease of Accessibility with Proximity to Colorado’s Largest Retail Hub