4371 3747ft2

Name: 4371 3747ft2
Brand: 4371 3747ft2
SKU: genClassifieds-715995
Price: 14 USD
Availability: InStock
Rating: 4.2 (38 reviews)

14 USD

Attached is a sublease/direct lease option we just put on the market, and for the right tenant, it is far and away the most competitive office lease in the DTC. Flyer is attached but below are the highlights

$14/sf FSG
3,747sf, divisible
Furnished/plug-n-play space
Available Feb 1

There is only 1-yr left of term on the sublease, so if you are looking for something short, this is the lowest-priced option in the DTC. However, ownership is eager to do a longer, direct deal, so there is TI money available depending on term and credit. We are pricing the sublease aggressively, offered at $14/sf FSG, through Feb 2017. Building is remodeling the lobby and common areas and currently building spec suites listed at $23 FSG. Assuming a 5-year lease staring March, 2016, with a $14/sf 1-yr rate, and full price for the next 4 years, the blended effective FSG rent would be under $22/sf FSG to term. Factor in some free rent in year 2, negotiating some of the unused TI$'s to your benefit, and the free furniture, and suddenly this deal is effectively closer to $18-19/sf FSG for the next 5 years!

Call me direct (3oh3) 729-4 oh oh 7

Location: Colorado -

Added on 20 days ago and expires on 25 May, Ad id: 715995

93 visits