Sale Information

Asking Price: $1,525,000

Building Size: 8,282 SQ FT

Lot Size: 31877

Cost per Square Foot: $184.13

Cap Rate: 7.58%

NOI: $115,591.00

Property Overview

The property is a well-maintained medical office building with excellent visibility to South Wadsworth Boulevard. A rare value-add opportunity for an investor or partial owner/user. The building has been occupied primarily by medical tenants; however, it can accommodate general office tenants as well.

Built: 1983

Occupancy: 81%

Property Details

Key Points: Charming office building in a park-like setting Average household income of $92,510 (three-mile) Excellent visibility ADT of 33,000 on South Wadsworth Boulevard ADT of 17,000 on Coal Mine Avenue 35 minutes to Downtown Denver 25 minutes to DTC

Broker Information

KW Commercial
Gabriel Hill

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