Bureau of Land Management

2300 River Frontage Road - Silt CO 81652

LTV (Loan to Value)	65.00%	Current NOI	$0.00
Interest Rate	4.250%	Capital Rate	6.880%
Fixed Term	10 Years	Land Area	3.51 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$2,579,715.45	Property Type	Public/Government
Payment	$13,975.30	Property Lease	Government Offices
Bulding Size	18,813 SF	Remaining Terms	Approx. 9.5 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the US Department of the Interior's Bureau of Land Management (“BLM”) property located at 2300 River Frontage Road in Silt, Colorado (the “Property”). The Property is located in Silt, Colorado and features excellent access to and from the Interstate-70. Constructed in 2009, it includes 13,884 SF of office space, a 3,920 SF warehouse space, and common areas of approximately 1,009 SF, for a total 18,813 SF. Additionally the Property occupies a 3.51 acre lot and includes 74 parking spaces.

Highlights

100% Leased to and Guaranteed by the US Department of the Interior's Bureau of Land Management (GSA) - Mission Critical…

Property Description

Silt is a Statutory Town in Garfield County, Colorado. The population was 2,696 at the 2010 census. The Town of Silt is a vibrant, close-knit community located on Interstate-70 about 67 miles east of Grand Junction, Colorado and 25 miles to the west of Glenwood Springs, Colorado. For the last forty or so years, the Town has been a bedroom-community to the towns of Vail, Snowmass Village and Aspen, all within an hour drive from Silt. Historically, the Town of Silt has been an agricultural and mining area, with hard-working families that support their community in fields of construction, engineering, and oil and gas development. The climate is mild and comfortable through all seasons, and the heavy snowfall that is present in Vail, Snowmass Village, Aspen and Steamboat Springs is not felt in the immediate hillsides. The area boasts hunting, fishing, hiking, snowshoeing, skiing, snowmobiling, rafting, biking, boating and horseback riding throughout the year, and is frequented by many of the same travelers that visit the Hot Springs in Glenwood Springs annually.