NG Expo – Sold
Address | 17455 East Exposition Drive Aurora, CO (Denver) |
Property Type | One Office Building |
Size | 104,136 Square Feet |
Primary Tenant | Northrop Grumman Systems |
Acquired | October 1, 2017 |
Sold | October 10, 2024 |
Syndicated | October 27, 2024 |
Internal Rate of Return | |
Average Annual Return | |
Equity Multiple |
* Represents returns from dividends paid and initial sale proceeds, of which approximately 97% have been paid to date. Returns may vary after final distribution.
Highlights & Amenities:
- Class A, state-of-the-art build-to-suit building with executive suites, general office finishes, data center with raised floor, cafeteria and fitness area
- The Property was built-out with Sensitive Compartmentalized Information Facility (“SCIF”) space based on various enhanced security features required by the U.S. government
- NG Expo is within a quarter-mile of Buckley Air Force Base, which houses a U.S. missile detection/warning system
- Competition in this market is dictated primarily by the distance from Buckley Air Force Base and the nearest available comparable space is located at least 5 miles from the Property’s location
- The Property is a single tenant facility, 100% leased to Northrop Grumman, who has invested approximately $86/square foot in the building and has renewed multiple times since its occupancy in 2002