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$ 6,557,142
Est. payment | /mo
2.1 Acres Lot
$ 6,557,142
Est. payment | /mo
2.1 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8306147
HOA Y/N No
Originating Board recolorado
Year Built 2009
Annual Tax Amount $89,918
Tax Year 2024
Lot Size 2.100 Acres
Acres 2.1
Property Sub-Type Office
Property Description
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 high-quality 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.
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 high-quality 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.
Location
State CO
County Adams
Zoning WESTMINSTER
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by BluRiver Real Estate