|
THE LOTUS CENTER 900 28th Street Boulder, Colorado
The finest... in Boulder Retail/Lofts
|
|
|
|
|
|
|
|
Building Statistics
|
|
|
 |
|
|
|
|
Location:
28th Frontage Road at Aurora Ave
|
|
Planned or under construction:
800 units in next 24 months |
|
|
|
|
|
|
Approximate Size:
15,000 sf, divisible to 900 sf |
|
Planned projects:
Golden West, Flatirons Village, Landmark Lofts |
|
|
|
|
|
|
|
Frontage:
Pedestrian, bicycle, car on E. Aurora. Directly accessible to CU at underpass. |
|
Adjacent to:
University of Colo, The Flats, The Outlook Hotel, other apartment complexes |
|
|
|
|
|
|
Term:
5-10 year lease
|
|
|
|
|
|
|
|
|
Possession:
Spring 2008 |
|
Approximate gross sf:
15,000
|
|
|
|
|
|
|
|
Rent:
$16-$18 triple net |
|
Common Areas (bath, halls, heat):
1,000 |
|
|
|
|
|
|
|
Parking:
Ground level parking, within 2 years underground parking also |
|
Net Rentable:
14,000 |
|
|
|
|
|
|
Amenities:
Large outdoor patio, 9' ceilings, large windows, decks, totally remodeled |
|
Known CAM Charges:
|
|
|
|
|
|
|
Demographics:
1 mile buffer: 27,485 population |
|
| Administrative & Management: |
|
$24,000 |
| Marketing Fee: |
|
$12,000 |
| Utilities: |
|
|
House lights
Trash
Fire sprinklers
Water & sewer |
|
$ 5,000
$ 3,000
$ 3,000
$ 6,000 |
| Maintenance: |
|
|
Lawn & snow
Maintenance
|
|
$ 7,700
$12,000
|
|
|
$60,700 |
|
|
|
| Property taxes: |
|
$54,500 |
| Insurance: |
|
$ 6,000 |
|
|
$60,500 |
|
|
|
| Total: |
|
$133,200 / 15,000 = $8.88 |
|
|
|
Note: Internal sf of halls and baths used by a suite will have the sf added to their units, in addition to a prorated share of the boiler room. Electric charges will be by individual meter. Gas charges will be billed separately. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All information herein is deemed reliable at date of publication, please call to verify most recent information.
|
|
|
|
|
|
|
|
