4300 Kittredge St - Office FOR SALE


Denver, CO 80239- Gateway
$19,857,000 USD
602-531-5538
4300 Kittredge St, Denver, CO for Sale
$19,857,000 USD
Office - FOR SALE
1/16
null | 7.25% Cap Rate

4300 Kittredge St
Denver, CO 80239
Gateway


HIGHLIGHTS

  • Anchored by Concorde Career Colleges (12-Yr Term), guaranteed by Universal Technical Institute (NYSE: UTI), approx. $835 million in annual revenue
  • Highly specialized healthcare training campus featuring clinical labs, simulation environments, and classrooms that are difficult to replicate
  • Consistent enrollment growth across Concorde's programs, with nursing and allied health disciplines experiencing sustained demand and waitlists
  • A favorable lease structure with strong expense recoveries results in a highly efficient income stream minimizing landlord expense exposure
  • Enhanced through approximately $8.0 million of recent tenant-funded improvements, delivering modernized interiors and exterior upgrades
  • Offering 11+ years of remaining lease term, with fixed annual rent escalations that provide predictable cash flow

OVERVIEW

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire Gateway V (the “Property”), a 100% leased education campus located in Denver, Colorado. Strategically situated within the 1,200-acre Gateway Park master-planned business district, the Property benefits from exceptional regional connectivity between Downtown Denver and Denver International Airport, with direct access to Interstates 70, 225, and Peña Boulevard. The surrounding area offers strong demographics, with approximately 930,000 residents within a 20-minute drive and proximity to major employment and institutional anchors including the Anschutz Medical Campus and Buckley Space Force Base. Extensively renovated as of June 2026, Gateway V is a ±62,972-square-foot institutional-quality asset situated on a ±6.06-acre site. The property is fully leased to Concorde Career Colleges and FedEx Logistics, with Concorde occupying approximately 96% of the building. Demonstrating its long-term commitment to the campus, Concorde recently completed a more than $10.7 million capital investment, including comprehensive interior and exterior upgrades, modernization of building systems, and in addition to these capital improvements, the installation of state-of-the-art, industry-specific trade fixtures and equipment designed to support hands-on healthcare training. Concorde funded $8.0 million of the improvement program, with the landlord contributing the remaining balance.

FOR SALE DETAILS

PRICE

$19,857,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 5

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

356

LAND DETAILS

LAND ACRES

6.06 AC

LAND SF

263,974 SF

ZONING

GTWY- MU2

APN/PARCEL ID

00204-01-003-000

ASK ABOUT THIS PROPERTY

Mindy KorthColliersMore Info
602-531-5538

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Mindy KorthColliersMore Info
602-531-5538

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