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4855 Ward Rd
Wheat Ridge, CO 80033
Office Property For Sale
·
15,843 sq ft
PROPERTY FACTS
| Total Property Size | 15,843 sq ft | Typical Floor Size | 15,843 sq ft |
| Property Type | Office (Unit) | Year Built | 2001 |
| Property Subtype | Medical | Total Plot Size | 1.54 ac |
| Costar Property Class | B | Parking Allocation | 3.66/1,000 sq ft |
| Floors | 1 | ||
| Use Class | P-D - City of Wheat Ridge | ||
| Total Property Size | 15,843 sq ft |
| Property Type | Office (Unit) |
| Property Subtype | Medical |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 15,843 sq ft |
| Year Built | 2001 |
| Total Plot Size | 1.54 ac |
| Parking Allocation | 3.66/1,000 sq ft |
| Use Class | P-D - City of Wheat Ridge |
AMENITIES
- 24 Hour Access
- Kitchen
- Central Heating
- Natural Light
- Reception
- Air Conditioning
1 UNIT AVAILABLE
Unit 500
| Unit Size | 2,117 sq ft | Net Initial Yield | 6.50% |
| Unit Use | Office | NOI | £50,541.81 |
| Sale Type | Investment or Owner Occupier |
| Unit Size | 2,117 sq ft |
| Unit Use | Office |
| Sale Type | Investment or Owner Occupier |
| Net Initial Yield | 6.50% |
| NOI | £50,541.81 |
DESCRIPTION
- Investment or Owner-User Opportunity
- Available For Immediate Occupancy, But Current NNN Lease In-Place Through 4/30/31
- Fully Built Out 2nd Generation Medical Office Space
- Located Adjacent to Kaiser Permanente Wheat Ridge Medical Offices
- Easy I-70 Access | Ample Parking
- 1.4 Miles From Intermountain Health Lutheran Hospital
- Well-Maintained Office/Medical Condo Park
5-MILE POPULATION: 364,573 | 5-MILE HH INCOME: $104,459
SALE NOTES
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.
