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2480 S Downing St
Denver, CO 80210
Porter Medical Building · Office Property For Sale
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
19,800 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,584 SF
Building FAR
0.80
Lot Size
0.57 AC
Zoning
B-1, Denver
Parking
43 Spaces (2.17 Spaces per 1,000 SF Leased)
About 2480 S DOWNING ST , DENVER, CO 80210
Beautiful medical office building for sale directly across the street from Porter Hospital in Denver, Colorado. This 19,800 SF building is currently 92.5% leased with 6 of 7 tenants currently on long term leases. The building was extensively renovated in 2017 with modernized common area, improved building systems, parking lot reconfiguration, etc. Scheduled NOI for 2019 is $325,120 with a projected NOI of $361,391 once the remaining vacancy is filled and one small vacancy is renewed at market rates later this year. 1,833 SF also available for lease @ $16.95/RSF NNN
Property Taxes
| Parcel Number | 5265-07-028 | Improvements Assessment | $540,000 |
| Land Assessment | $540,000 | Total Assessment | $1,427,790 |
Property Taxes
Parcel Number
5265-07-028
Land Assessment
$540,000
Improvements Assessment
$540,000
Total Assessment
$1,427,790
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