Woodbriar Place Medical Office Building For Sale

• Strong in-place income from three new leases provides stability while finishing lease up of the last
   remaining space
• All NNN lease structures at $12.50/SF on 3-year terms with 3% increases and renewal options
• $88,826 Net Operating Income in Year 1 of Pro Forma with lease up of last remaining space
   (suite 100), and garage / storage space
• Ten Year IRR (Leveraged): 15.23% | Ten Year IRR (Unleveraged): 10.46%
• Stabilized (Year 2) Cash-on-Cash Return: 9.26%
• Ten Year Average Cash-on-Cash Return: 10.23%
• Cohesive medical tenant mix is perfect for this building and location in Greeley
• Well positioned asset with high quality finishes, and a solid tenant mix
• Recently updated suites providing little need for tenant improvement allowance at lease roll-over
• Additional lot adjacent to office building also available for sale offers opportunity for expansion,
   parking, or high density residential uses (optional add-on)