4855 Ward Rd - Medical CONDO FOR SALE


Wheat Ridge, CO 80033
$1,040,000 USD
805-351-7144
4855 Ward Rd, Wheat Ridge, CO for Sale
$1,040,000 USD
Medical CONDO - FOR SALE
1/31
null | 6.5% Cap Rate

4855 Ward Rd
Wheat Ridge, CO 80033


OVERVIEW

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 4855 Ward Road, Suite 500, a 2,117-square-foot vacant medical office condominium located in Wheat Ridge, Colorado. Formerly an ophthalmology/optometry clinic, the Property offers an exceptional chance for medical practices to own their real estate and capitalize on the existing medical tenant improvements. A unique value proposition includes the remaining 5.5 years on the prior tenant's triple net (NNN) lease, providing the buyer with immediate rental income until future occupancy. Strategically located within a well-maintained medical and professional office condominium complex, the property benefits from its close proximity to a Kaiser Permanente medical campus and is just 1.4 miles from Intermountain Health Lutheran Hospital. Further advantages include convenient freeway access, abundant parking, updated interior finishes, and a variety of nearby retail amenities.

FOR SALE DETAILS

PRICE

$1,040,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

6.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

15,843 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

P-D

APN/PARCEL ID

39-173-02-023,39-173-02-024,39-173-02-025,39-173-02-026,39-173-02-027,39-173-02-028,39-173-02-029

ASK ABOUT THIS PROPERTY

James DeBuiserMarcus & MillichapMore Info
805-351-7144

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James DeBuiserMarcus & MillichapMore Info
805-351-7144

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