5265 Vance St
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5265 Vance St
16,286 SF 100% Leased Office Building Arvada, CO 80002 $6,132,000 ($377/SF) 6.50% Cap Rate
Executive Summary
BLURIVER Commercial Advisors is pleased to present an outstanding investment opportunity: the acquisition of a fee simple interest in a single tenant medical clinic located in Arvada, 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 $398,534 annually. The absolute net lease structure ensures zero landlord responsibilities, offering investors
a hassle- free ownership experience.
This property encompasses a 16,280-square-foot medical facility situated on a 1.0-acre lot. Built in 1986, the clinic is ideally located near the intersection of Wadsworth Boulevard and West 52nd Avenue, a bustling retail corridor with a combined average daily traffic count of over 88,000 vehicles. The surrounding area boasts a population exceeding 365,000 within a five-mile radius, with average household incomes over $100,000. This offering presents investors with a rare chance to acquire a stable, income-generating asset backed by a reputable medical tenant in a thriving market. The property's prime location, strong tenant history, and favorable lease terms make it an exceptional addition to any investment portfolio seeking reliability and growth potential.
a hassle- free ownership experience.
This property encompasses a 16,280-square-foot medical facility situated on a 1.0-acre lot. Built in 1986, the clinic is ideally located near the intersection of Wadsworth Boulevard and West 52nd Avenue, a bustling retail corridor with a combined average daily traffic count of over 88,000 vehicles. The surrounding area boasts a population exceeding 365,000 within a five-mile radius, with average household incomes over $100,000. This offering presents investors with a rare chance to acquire a stable, income-generating asset backed by a reputable medical tenant in a thriving market. The property's prime location, strong tenant history, and favorable lease terms make it an exceptional addition to any investment portfolio seeking reliability and growth potential.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,286 SF
Building Class
C
Year Built
1986
Price
$6,132,000
Price Per SF
$377
Cap Rate
6.50%
NOI
$398,534
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,725 SF
Building FAR
0.37
Lot Size
1.00 AC
Zoning
PUD
Parking
50 Spaces (3.07 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (81)
PROPERTY TAXES
Parcel Number | 39-141-14-003 | Improvements Assessment | $468,024 |
Land Assessment | $285,890 | Total Assessment | $753,914 |
PROPERTY TAXES
Parcel Number
39-141-14-003
Land Assessment
$285,890
Improvements Assessment
$468,024
Total Assessment
$753,914
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5265 Vance St
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