Littleton Investment Property

Property Description

$2,700,000

Located just off this busy S. Kipling St. retail district, this investment property is listed at a 7.00 Cap Rate based on income and expenses for 2024. There are two tenants in this 8,131 SF building; Pinon Family Practice Professional LLP and Christuman Church. Pinon occupies 6,531 SF and has a lease terminating on 08/31/2030 with annual base rent increases of 3%. They have a NNN lease. Christuman occupies 1,600 SF and has a lease terminating on 06/30/2027. Their lease is a full service lease. Please feel free to contact broker for detailed information. Pinon has been in the building since 2010 with a well-established practice. Christuman Church has been in the building since 2022 and recently extended their lease. Includes large back yard and amenities for employees.

 

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