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8410 Decatur St

17,935 SF 100% Leased Office Building Westminster, CO 80031 $6,557,142 ($365.61/SF) 7% Cap Rate

EXECUTIVE SUMMARY

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 highquality 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.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,935 SF
Building Class
B
Year Built
2008
Price
$6,557,142
Price Per SF
$365.61
Cap Rate
7%
NOI
$459,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,935 SF
Building FAR
0.20
Lot Size
2.10 AC
Zoning
B-1
Parking
90 Spaces (5.02 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1719-29-1-12-001
Land Assessment
$197,780
Improvements Assessment
$709,040
Total Assessment
$906,820
  • Listing ID: 33554647

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 8410 Decatur St, Westminster, CO 80031

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