1805 Kipling St - Medical FOR SALE


Lakewood, CO 80215
$2,200,000 USD
303-886-8154
1805 Kipling St, Lakewood, CO for Sale
$2,200,000 USD
Medical - FOR SALE
1/10
null | Request Cap Rate

1805 Kipling St
Lakewood, CO 80215


HIGHLIGHTS

  • New owner can occupy 253-7051sf (SBA eligible for larger user)
  • Owner occupied since 2009. Four (4) doctors will sign leases at closing.
  • Ideal location in West Denver suburb

OVERVIEW

New owner can occupy 253-7051sf. Since purchasing in 2009, this property has been owned and occupied by multiple successful medical practitioners. The lease terms presented here detail their commitment to maintain tenancy after closing, with 3% annual escalations, and are flexible to fit the needs of the future owner. The building has medical infrastructure for reception, plumbing, and file storage, and also welcomes general office users. All common areas are currently generating income, and offer potential for additional tenancy. The proforma included herein reflects income from 65% occupancy of the property. A new user is able to secure additional occupancy and SBA eligibility by absorbing common conference and work space. Located between Downtown Denver and the western foothills, this sale offers a unique opportunity for a medical office user and/or value-add investor to acquire income property in the high-demand Crown Hill submarket.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lakewood Medical Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

OF, Lakewood

APN/PARCEL ID

39-334-01-014

ASK ABOUT THIS PROPERTY

Rachel ColorosaColorosa Commercial PropertiesMore Info
303-886-8154

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Rachel ColorosaColorosa Commercial PropertiesMore Info
303-886-8154

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.