Oxford/Federal Business Park
4055 S. Eliot St, Sheridan, CO 80110
Description
Built in 1984-1986, Sherwood Business Park was renamed to Oxford/Federal Business Park after acquired by Matrix Group. Average tenant size is 2,700 square feet.
The previous owners completed over $1.5MM of capital improvements shortly before the sale, and Matrix Group completed exterior renovations for the property in 2018. Matrix Group was chosen over 16 other qualifed buyers and intends to hold this property indefinitely.
Details
| Cost PSF $99.21 | Status Active | Total Cost $23,005,000 |
| Acquisition Date Dec, 2017 | Acquisition Price $22,305,000 | Market Value PSF $103.50 |
| Total Project Size 231,886 SF | Add. Capital Costs $700,000 | Current Value $24,000,000 |