Ward-70 Business Center

5171-5191 Ward Road Wheat Ridge CO

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Property Pictures

Historical Performance Details

  • Acquisition DateMarch, 1999
  • Total Project Size70,644 SF
  • Acquisition Price$3,850,000
  • Add. Capital Costs$235,000
  • Total Cost$4,085,000
  • Cost PSF$55.21
  • StatusSold - Jul, 2005
  • Sale Price$4,600,000
  • Sale Price / SF$65.11
  • Ave. Annual Return24%

  • Value enhanced by immediate renovations of buildings and leasing vacant space
  • Increased occupancy from 85% to 100% within 12 months after acquisition
  • Refinanced property with 1 year after acquisition


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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500