12567 West Cedar Drive, Lakewood, CO

Property Type Office - General Office
Property Size 36,000 SF
Lot Size 1.45 Acre
Parking Spaces Avail. 75
Parking Ratio 2.10/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class C
Year Built 1981

Location

Map
Street

City Lakewood, CO
Neighborhood Union Square
Zip Code 80228
Market Denver

Contacts

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Owner

True Owner
Registered Owner

Brokers

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Documents

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Sales

Purchase Date 09 Mar, 2006
Purchase Price
Arm's Length True
Buyer Name

Mortgages

Current Lender
Loan Amount
Loan Origination Date

Market Trends

Average Actual Rents in Lakewood

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Lakewood Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $22.53
2020 Office Vacancy Rate 15.97%
2020 Office Completions (SF)

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Tax

Property Tax in 2020 $50,189
Market Value* $1,911,200
Assessed Value $1,911,200

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 12567 West Cedar Drive?

12567 West Cedar Drive totals 36,000 square feet.

When was this property built?

12567 West Cedar Drive was built in 1981.

When was 12567 West Cedar Drive last sold?

12567 West Cedar Drive was last sold on 09 Mar, 2006.

What is the property tax for 12567 West Cedar Drive?

The property tax for 12567 West Cedar Drive in 2020 was $50,189.

What is the market value for 12567 West Cedar Drive?

The market value* for 12567 West Cedar Drive in 2020 was $1,911,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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12567 West Cedar Drive, Lakewood, CO 80228 - Office Space

12567 West Cedar Drive is located at 12567 West Cedar Drive in the Union Square neighborhood, CO, Lakewood, 80228. The Class C Office building was completed in 1981 and features a total of 36,000 SF.

There are 58 office spaces for lease in the Union Square neighborhood, totaling 245,722 SF of available office space. The office space availability for the 80228 zip code is 267,378 SF, in 70 office spaces. The average asking office rent per SF in Union Square is $22.38/SF/YR. For Class A office buildings the average office rate is $26.5/SF/YR, for Class B office buildings the average office rate is $21.6/SF/YR, for Class C office buildings the average office rate is $18.5/SF/YR.

In Union Square, there are 3 class C office buildings. In Union Square, there are a total of 1 LEED certified office buildings. In 1981, the same year 12567 West Cedar Drive was built, 134 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Lakewood, featuring 967,033 square feet of commercial space. At zip code level, there are 23 commercial properties, of which 19 are office buildings over 50,000 square feet.

12567 West Cedar Drive