8120 S Holly St - Medical FOR SALE


Centennial, CO 80122- Willow Creek
$4,300,000 USD
303-775-3856
8120 S Holly St, Centennial, CO for Sale
$4,300,000 USD
Medical - FOR SALE
1/22
null | 6.22% Cap Rate

8120 S Holly St
Centennial, CO 80122
Willow Creek


HIGHLIGHTS

  • Well-located medical and professional office building that offers the flexibility of ownership while benefiting from immediate rental income
  • Current tenant roster includes established medical and dental practices with long-term lease commitments
  • Well-maintained and is designed to accommodate a variety of medical and professional office users.
  • Approximately 5,206 square feet is currently available for lease, creating immediate flexibility for an owner-user to occupy multiple existing vacant
  • An investor has the value-add opportunity to increase occupancy through lease-up and grow net operating income and overall returns.
  • Offers a combination of location, functionality, in-place income, & future flexibility-increasingly difficult to find in the South Denver market

OVERVIEW

Foxridge Professional Plaza presents a rare opportunity to acquire a well-located medical and professional office building that offers the flexibility of ownership while benefiting from immediate rental income. Located at 8120 S. Holly Street in Centennial, Colorado, the 24,738 square foot building combines the advantages of owner-user real estate with the stability of an established multi-tenant investment. The current tenant roster includes established medical and dental practices with long-term lease commitments, creating dependable cash flow from day one while allowing new ownership to customize and occupy available space over time. For users such as medical and dental practices, professional service firms, and healthcare organizations seeking long-term control of their real estate, Foxridge Professional Plaza provides the ability to occupy a significant portion of the building while existing tenant income helps offset ownership costs. Originally constructed in 1985 and renovated in 2013, the building has been well-maintained and is designed to accommodate a variety of medical and professional office users. The property features 111 surface parking spaces, providing a parking ratio of approximately 4.49 spaces per 1,000 square feet, a key advantage for healthcare providers whose patients rely on convenient parking. Approximately 5,206 square feet is currently available for lease, creating immediate flexibility for an owner-user to occupy multiple existing vacant suites, expand into additional space as leases mature, or fully lease the building to maximize long-term value. Similarly, an investor has the value-add opportunity to increase occupancy through lease-up and grow net operating income and overall returns. Whether acquired as a headquarters, medical office center, or long-term investment, Foxridge Professional Plaza offers a combination of location, functionality, in-place income, and future flexibility that is increasingly difficult to find in the South Denver market.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Foxridge Professional Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

111

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

PUD: BP35

APN/PARCEL ID

2075-32-3-29-002

ASK ABOUT THIS PROPERTY

Paul CattinPlatinum CREMore Info
303-775-3856

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Paul CattinPlatinum CREMore Info
303-775-3856

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