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North Zuni Medical Center and Vacant Lot

2 Properties Offered at £1,738,022 in Denver, CO

Investment Highlights

  • Seller financing available at 5% interest rate, depending on offer
  • 15-year rooftop lease with T-Mobile
  • Would make for a great owner-user medical professional opportunity
  • Three floors of fully built-out medical offices with short term leases
  • Ramp and elevator for accessibility
  • 7.75% cap rate with proforma rents

Executive Summary

Discover the exceptional opportunity to establish or expand your practice at the North Zuni Medical Center located at 8380 Zuni St. This is a premier medical office building situated in one of Denver’s most accessible and vibrant neighborhoods. This well-appointed facility offers a professional environment designed to support a range of medical and healthcare services and would make a great office for a dental, therapy, or other medical group. Additionally, North Zuni Medical Center is conveniently located across from two hospitals: CommonSpirit Primary Care 84th Avenue & OnPoint Family Medicine at Westminster. The sale includes a 26,136 SF lot at 8380 Zuni St and 8,739 SF vacant lot at 8371 Wyandot St.
PROPERTY INFO
Property Type: Office
County: Adams
Year Built: 1977
# Buildings: 1
# Stories: 3
GBA: 15,006 SF
Lot Size: 34,875 SF
Utilities: Master
Zoning: C-0

Taxes & Operating Expenses (Pro forma - 2024)

Annual
Gross Rental Income £237,608
Other Income -
Vacancy Loss £11,880
Effective Gross Income £225,728
Taxes £33,372
Operating Expenses £57,637
Total Expenses £91,008
Net Operating Income £134,720

Taxes & Operating Expenses (Pro forma - 2024)

Gross Rental Income
Annual £237,608
Other Income
Annual -
Vacancy Loss
Annual £11,880
Effective Gross Income
Annual £225,728
Taxes
Annual £33,372
Operating Expenses
Annual £57,637
Total Expenses
Annual £91,008
Net Operating Income
Annual £134,720

Property Facts

Price £1,738,022
Price / SF £115.82 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 15,006 SF
Total Land Area 0.80 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
8371 Wyandot st, Denver, CO 80221 Land 0.20 AC - -
North Zuni Medical Center
8380 Zuni St, Denver, CO 80221
Office 15,006 SF 1977 -
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  • Listing ID: 33598391

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: North Zuni Medical Center and Vacant Lot, Denver, CO

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