JLL (“Broker”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 100 Technology Drive (the “Property”), a 68,412 square foot, single story flex, Class B office asset located within the Interlocken Business Park along the Denver-Boulder corridor in Denver’s Northwest submarket. 100 Technology is fully leased to a stable tenant base of technology and professional service companies. Strategically located in the Interlocken Business Park, the heart of the Denver-Boulder Corridor, 100 Technology Drive is positioned to take advantage of the Northwest market’s strong business drivers and attract companies from both vibrant business centers. In 2019, Interlocken Business Park experienced rent growth of 3.5%, given the supply constraint nature of the park this trend will likely continue especially as the corridor from Downtown Denver to Boulder continues to attractive the top companies from the market’s growing business sectors. With modest existing lease rates and a significant discount to replacement cost, 100 Technology Drive represents the rare opportunity to acquire a single-story flex office building with strong tenancy at an attractive yield within the preferred covenant controlled Interlocken Business Park.
- Strategic Location in a High Growth Corridor
- 100% Leased with Term
- Long-term supply constraints in the Denver-Boulder Corridor
- Significant Discount to Replacement Cost
- Boulder Market Influence
- Strong Northwest Market Demographics and Amenities