7515 W Yale Ave - Medical FOR SALE


Denver, CO 80227- Bear Valley
$2,200,000 USD
303-328-2013
7515 W Yale Ave, Denver, CO for Sale
$2,200,000 USD
Medical - FOR SALE
1/16
null | 10.42% Cap Rate

7515 W Yale Ave
Denver, CO 80227
Bear Valley


HIGHLIGHTS

  • Full Medical/Dental Build Out. Property can be converted for a variety of different uses
  • The current lease runs through March of 2029, but tenant is actively pursuing a sub-lease. Tenant will pay rent through end of lease term.
  • Property will be sold dark, making it a great opportunity for a value-add investor or an owner-user
  • Property is located on W. Yale Ave and S. Wadsworth Blvd.

OVERVIEW

The Kramer Group of Marcus & Millichap is pleased to present this Exclusive Listing for a single tenant Medical Office property located at 7515 W Yale Ave. in Denver, CO., which consists of 7,376 square feet, situated on .60 acres of land. This Class B two story property was built in 1989 with full medical build-out, and BA-1 zoning. The current tenant Perfect Teeth is a group of 61 dental offices dedicated to providing the highest level of patient care and service to every patient. Perfect Teeth opened their doors in 1995, with locations in Colorado, New Mexico, and Arizona. The current lease runs through March of 2029, but tenant is actively pursuing a sub-lease. The property will be sold dark, making it a great opportunity for a value-add investor or an owneruser.They are willing to sign an estoppel and have reaffirmed they will continue to pay rent through the end of their lease term. The property is located on W. Yale Ave and S. Wadsworth Blvd.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

10.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Foothills Dental Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

BA-1, Denver

APN/PARCEL ID

4264-00-014

ASK ABOUT THIS PROPERTY

Erik EnstadMarcus & MillichapMore Info
303-328-2013

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Erik EnstadMarcus & MillichapMore Info
303-328-2013

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