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10001 N Washington St 10,958 SF Office/Medical Condo Unit Offered at $3,245,686 in Thornton, CO 80229



Investment Highlights
- NNN Leases
- Total Capex Items in last 12 months = $769,000
- WALT = 4.52 years
- 100% Occupancy
Executive Summary
100% occupied, 10,958 SF medical office condominium. North Washington Medical is anchored by established healthcare users including Heartland Dental, MyEyeDr., and Rocky Mountain Gastroenterology, providing immediate and predictable cash flow with limited volatility. North Washington Medical Campus also known as Condo 1, is currently managed by 10001 Washington CCMA, Inc., a commercial condo management association.
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 92 |
| Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 92 |
Description
North Washington Medical Condominium is a 10,958 RSF, fully leased, class B, medical office condominium with national credit healthcare tenants and true NNN lease structures that support predictable, low-touch cash flow
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 10,958 SF | Office/Medical | $3,245,686 ($296.19/SF) | $227,205 |
Unit 1
| Unit Size |
| 10,958 SF |
| Condo Use |
| Office/Medical |
| Price |
| $3,245,686 ($296.19/SF) |
| NOI |
| $227,205 |
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Unit 1
| Unit Size | 10,958 SF |
| Condo Use | Office/Medical |
| Price | $3,245,686 ($296.19/SF) |
| NOI | $227,205 |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 92 |
| Description | |
| North Washington Medical Condominium is a 10,958 RSF, fully leased, class B, medical office condominium with national credit healthcare tenants and true NNN lease structures that support predictable, low-touch cash flow</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,958 SF | Typical Floor Size | 5,479 SF |
| Property Type | Office (Condo) | Year Built | 1978 |
| Property Subtype | Medical | Lot Size | 1.13 AC |
| Building Class | B | Parking Ratio | 8.4/1,000 SF |
| Floors | 2 | ||
| Zoning | NS, Thornton - Neighborhood Services District | ||
| Total Building Size | 10,958 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 5,479 SF |
| Year Built | 1978 |
| Lot Size | 1.13 AC |
| Parking Ratio | 8.4/1,000 SF |
| Zoning | NS, Thornton - Neighborhood Services District |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Heartland Dental |
3,169 SF
|
-
|
| MyEyeDr. |
4,111 SF
|
-
|
| Rocky Mount Endoscopy Centers |
3,678 SF
|
-
|
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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10001 N Washington St
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