Northglenn Service Center

10550 N. Irma Drive Northglenn CO

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Property Pictures

Historical Performance Details

  • Acquisition DateMarch, 1996
  • Total Project Size185,616 SF
  • Acquisition Price$4,200,000
  • Add. Capital Costs$200,000
  • Total Cost$4,400,000
  • Cost PSF$23.70
  • StatusSold - Aug, 1998
  • Sale Price$7,500,000
  • Sale Price / SF$40.41
  • Ave. Annual Return60%

  • Value added by painting buildings, replacing roofs, installing seamless metal mansards and renewing tenants at market rates
  • Increased NOI over $200,000 within 12 months after acquisition
  • Achieved tenant retention rate of 88% during hold period


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For More Information

Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500