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Lakewood Medical Clinic 1805 Kipling St

10,800 SF 65% Leased Office Building Lakewood, CO 80215 $2,200,000 ($204/SF)

Investment Highlights

  • New owner can occupy 253-7051sf (SBA eligible for larger user)
  • Ideal location in West Denver suburb
  • Owner occupied since 2009. Four (4) doctors will sign leases at closing.

Executive Summary

New owner can occupy 253-7051sf. Since purchasing in 2009, this property has been owned and occupied by multiple successful medical practitioners. The lease terms presented here detail their commitment to maintain tenancy after closing, with 3% annual escalations, and are flexible to fit the needs of the future owner. The building has medical infrastructure for reception, plumbing, and file storage, and also welcomes general office users.
All common areas are currently generating income, and offer potential for additional tenancy. The proforma included herein reflects income from 65% occupancy of the property. A new user is able to secure additional occupancy and SBA eligibility by absorbing common conference and work space.
Located between Downtown Denver and the western foothills, this sale offers a unique opportunity for a medical office user and/or value-add investor to acquire income property in the high-demand Crown Hill submarket.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,800 SF
Building Class
B
Year Built/Renovated
1976/1997
Price
$2,200,000
Price Per SF
$204
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,400 SF
Building FAR
0.27
Lot Size
0.91 AC
Zoning
OF, Lakewood - OF, Lakewood

Amenities

  • Signage
  • Reception
  • Basement
  • Natural Light
  • Shower Facilities

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 253-7,051 SF
  • Office
  • Full Build-Out
  • Now

Join other medical practices with common reception, waiting, lab, and break rooms with optional conference. Many possible configurations between 253 and 7,051 rentable square feet.

Space Size Space Use Condition Available
1st Floor 253-7,051 SF Office Full Build-Out Now

1st Floor

Size
253-7,051 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 253-7,051 SF
Space Use Office
Condition Full Build-Out
Available Now

Join other medical practices with common reception, waiting, lab, and break rooms with optional conference. Many possible configurations between 253 and 7,051 rentable square feet.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-334-01-014
Land Assessment
$128,521
Improvements Assessment
$186,777
Total Assessment
$315,298
  • Listing ID: 33397573

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 1805 Kipling St, Lakewood, CO 80215

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