Contacts

Scott Churchley

Cresa

(303) 302-1622

Property Details

Property Type Office
Property Size 5,011 SF
Lot Size 0.48 Acre
# of Floors 3
Year Built 1979
Year Renovated 2011
Date Updated Apr 17, 2024

Built / Renovated: 1979 / 2011

Signage: Pylon sign on E Hampden

Zoning: S-MX-2

Ground Lease: Property on Ground Lease through Oct 2057. No rent due until Nov 2027 then $12,500/year

Layout: 8 exam rooms, 4 offices, surgery suite, dentistry suite, radiology, treatment area, lab, kennel room, reception & waiting room, staff lounge, men’s, women’s, and ADA restrooms

INVESTMENT HIGHLIGHTS:

Fully leased by Midwest Veterinary Partners through September 30, 2031

Current Rent of $26.87/SF NNN

2% annual rent escalations

Tenant right to renew for 5 years at 2% rent escalations

Current NOI = $134,640

Sale Price = $1,923,500

Going-in Cap Rate of 7.0%

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

81/100
Walk Score ®
57/100
Transit Score ®
76/100
Bike Score ®

Powered by Walk Score ®

Location

City Denver, CO
Neighborhood Hampden
Zip Code 80224
Market Denver

Points of Interest

Southmoor

0.47 miles
Yale

1.38 miles
Belleview

1.82 miles
Dayton

1.87 miles
Colorado

2.32 miles
Orchard

2.86 miles
Nine Mile

3.48 miles
University of Denver

3.64 miles
Arapahoe at Village Center

3.86 miles
Louisiana & Pearl

4.53 miles

Diamond Shamrock

0.16 miles
King Soopers

0.18 miles
Conoco

0.18 miles
SemaCharge

0.28 miles
Shell

0.35 miles
Safeway Fuel Station

0.92 miles
Sinclair

1.00 miles
Conoco

1.02 miles
Conoco

1.34 miles
Shell

1.34 miles

Handicapped

0.11 miles
Southmoor Station Park & Ride

0.37 miles
Students

0.72 miles
Visitors

0.75 miles
Faculty & Staff

0.82 miles
Park Parking

0.90 miles
Office Parking

0.91 miles
Visitor Parking

0.95 miles
Leasing Office Parking

0.97 miles
Employee & Visitor

1.00 miles

TownePlace Suites by Marriott Denver Southeast

0.35 miles
Embassy Suites by Hilton Denver Tech Center North

0.39 miles
Hyatt Regency Denver Tech Center

1.71 miles
Hilton Garden Inn Denver Tech Center

1.77 miles
Denver Marriott Tech Center

1.87 miles
Fairfield Inn & Suites by Marriott Denver Tech Center North

1.99 miles
Hampton Inn & Suites Denver Tech Center

2.01 miles
Extended Stay America

2.23 miles
Hyatt Place Denver Tech Center

2.29 miles
La Quinta Inn

2.51 miles

Whole Foods Market

0.47 miles
Target

0.52 miles
Safeway

0.93 miles
Carcineria El Jakalito

1.56 miles
Arabic Market

1.58 miles
Big Lots

1.66 miles
Walmart Supercenter

1.66 miles
Walmart

1.67 miles
Zamzam Halal International Market & Deli

1.69 miles
King Soopers

1.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.