Up, up up

Commercial real estate brokerage CBRE lists a property in east Loveland like this:

“Conveniently located close to I-25 and Highway 34 in Loveland, the building provides its occupants with views of the mountains and is within one mile of more than 25 restaurants, shopping, hotels …”

Two units are available this summer at a base rent rate of between $16.50 and $17.50 per square foot. That would translate, at the lower end, for a 2,500-square-foot unit at $3,437 per month. Not bad for Class A office space.

But the property also requires participation in other expenses under the triple net, or NNN, lease…