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4300 Kittredge St
Denver, CO 80239
Bldg 5 · Office Property For Sale


Investment Highlights
- Anchored by Concorde Career Colleges (12-Yr Term), guaranteed by Universal Technical Institute (NYSE: UTI), approx. $835 million in annual revenue
- Consistent enrollment growth across Concorde's programs, with nursing and allied health disciplines experiencing sustained demand and waitlists
- Enhanced through approximately $8.0 million of recent tenant-funded improvements, delivering modernized interiors and exterior upgrades
- Highly specialized healthcare training campus featuring clinical labs, simulation environments, and classrooms that are difficult to replicate
- A favorable lease structure with strong expense recoveries results in a highly efficient income stream minimizing landlord expense exposure
- Offering 11+ years of remaining lease term, with fixed annual rent escalations that provide predictable cash flow
Executive Summary
Colliers, as exclusive advisor, is pleased to present the opportunity to acquire Gateway V (the “Property”), a 100% leased education campus located in Denver, Colorado. Strategically situated within the 1,200-acre Gateway Park master-planned business district, the Property benefits from exceptional regional connectivity between Downtown Denver and Denver International Airport, with direct access to Interstates 70, 225, and Peña Boulevard. The surrounding area offers strong demographics, with approximately 930,000 residents within a 20-minute drive and proximity to major employment and institutional anchors including the Anschutz Medical Campus and Buckley Space Force Base.
Extensively renovated as of June 2026, Gateway V is a ±62,972-square-foot institutional-quality asset situated on a ±6.06-acre site. The property is fully leased to Concorde Career Colleges and FedEx Logistics, with Concorde occupying approximately 96% of the building. Demonstrating its long-term commitment to the campus, Concorde recently completed a more than $10.7 million capital investment, including comprehensive interior and exterior upgrades, modernization of building systems, and in addition to these capital improvements, the installation of state-of-the-art, industry-specific trade fixtures and equipment designed to support hands-on healthcare training. Concorde funded $8.0 million of the improvement program, with the landlord contributing the remaining balance.
Extensively renovated as of June 2026, Gateway V is a ±62,972-square-foot institutional-quality asset situated on a ±6.06-acre site. The property is fully leased to Concorde Career Colleges and FedEx Logistics, with Concorde occupying approximately 96% of the building. Demonstrating its long-term commitment to the campus, Concorde recently completed a more than $10.7 million capital investment, including comprehensive interior and exterior upgrades, modernization of building systems, and in addition to these capital improvements, the installation of state-of-the-art, industry-specific trade fixtures and equipment designed to support hands-on healthcare training. Concorde funded $8.0 million of the improvement program, with the landlord contributing the remaining balance.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
62,972 SF
Building Class
B
Year Built/Renovated
2003/2026
Price
$19,857,000
Price Per SF
$315.33
Cap Rate
7.25%
NOI
$1,439,645
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
62,972 SF
Building FAR
0.24
Lot Size
6.06 AC
Zoning
GTWY- MU2 - GTWY- MU2 – City and County of Denver
Parking
356 Spaces (5.65 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Monument Signage
- Outdoor Seating
- Air Conditioning
Property Taxes
| Parcel Number | 0204-01-003 | Improvements Assessment | $962,710 |
| Land Assessment | $962,710 | Total Assessment | $2,269,620 |
Property Taxes
Parcel Number
0204-01-003
Land Assessment
$962,710
Improvements Assessment
$962,710
Total Assessment
$2,269,620
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