820 Clermont St – Prime Office Building in Denver’s Thriving Medical District.
Overview:
820 Clermont St presents a unique opportunity to acquire a small office building located just one block from the Rose Hospital Medical Center, making it ideal for medical or professional office users. With 34% of the property currently leased, it's perfect for owner-occupiers looking to utilize part of the space while generating rental income from existing tenants.
Property Highlights:
- Location: One block from Rose Hospital Medical Campus, offering proximity to healthcare services and professionals.
- Tenant Profile: The third floor is home to a dental practice on a long-term lease, providing stable cash flow.
- Flexible Space: The second floor is a shell, ready for buildout, offering a blank canvas for customization.
- Additional Offices: The first floor includes three speculative office spaces, perfect for immediate occupancy or lease.
- Basement Potential: The basement is ideal for storage or could be renovated to create additional office space.
- Parking: Ample parking options with a subterranean garage and surface parking available.
Location & Development Potential:
820 Clermont St is positioned within the path of significant redevelopment, including the recently completed 9th and Colorado project and the ongoing redevelopment of the former VA hospital site on 9th Ave between Bellaire St and Clermont St. This property offers future upside potential as the area continues to grow and transform.
Ideal for:
- Medical office users
- Professional office users
- Investors looking for a mix of owner-occupancy and rental income
Don’t miss this opportunity to own a versatile office building in a rapidly developing area!