8410 Decatur St - Medical FOR SALE


Westminster, CO 80031- East Westminster
$7,061,000 USD
303-587-8442
8410 Decatur St, Westminster, CO for Sale
$7,061,000 USD
Medical - FOR SALE
1/9
null | 6.5% Cap Rate

8410 Decatur St
Westminster, CO 80031
East Westminster


OVERVIEW

BLURIVER Commercial Advisors is pleased to present a premier investment opportunity: the acquisition of a fee simple interest in a single tenant medical clinic located at 8410 Decatur Street, Westminster, Colorado. This property features a modern medical facility occupied by Innovative Renal Care, a leading provider of dialysis services committed to meeting the healthcare needs of the community. The tenant has entered into a 10-year absolute net lease with 2% annual rent increases, providing a stable. Current Net Operating Income (NOI) of $459,000 annually. The absolute net lease structure ensures zero landlord responsibilities, offering investors a hassle-free ownership experience. The property is in close proximity to the transformative Uplands Community Development, a visionary project spanning 234 acres of mixed-use neighborhoods connected by an abundance of paths, parks, and public spaces. This walkable, medium-density community averages 10 units per acre and includes 47 acres of accessible parks, view corridors, and pedestrian pathways. The development plans feature over 300 units of income-restricted and affordable housing, including senior housing, as well as approximately 150 for-sale detached cottages designed for workforce housing. The property is surrounded by established residential neighborhoods, retail centers, and commercial enterprises, contributing to high visibility and consistent traffic flow. Its strategic location near key intersections and amenities ensures sustained demand and underscores its appeal as a solid investment asset. This offering presents investors with the opportunity to acquire a highquality property backed by a reputable tenant in a growing market. The combination of a long-term lease, annual rent escalations, and an absolute net lease structure makes this an attractive addition to any investment portfolio seeking reliable income and potential appreciation.

FOR SALE DETAILS

PRICE

$7,061,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,566 SF

ZONING

B-1

APN/PARCEL ID

1719-29-1-12-001

ASK ABOUT THIS PROPERTY

Joe Awad, CCIMBLURIVER Commercial AdvisorsMore Info
303-587-8442

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Joe Awad, CCIMBLURIVER Commercial AdvisorsMore Info
303-587-8442

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