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4855 Ward Rd
Wheat Ridge, CO 80033
Office Property For Sale
·
15,843 SF
Executive Summary
The property is located on Ward Road in Wheat Ridge, Colorado, with direct connectivity to Interstate 70 and Highway 58. It is situated in an established corridor with both commercial and residential presence. Surrounding uses are mixed and include retail centers, service businesses, and light industrial facilities. The location is approximately 10 miles from downtown Denver with regional access supported by major highways and arterial routes. Public transit and local road networks facilitate connectivity throughout the Denver metropolitan area.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 39-173-02-025 |
| Cap Rate | 6.50% |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.50% |
| APN/Parcel ID | 39-173-02-025 |
Description
- Investment or Owner-User Opportunity
- Available For Immediate Occupancy, But Current NNN Lease In-Place Through 4/30/31
- Fully Built Out 2nd Generation Medical Office Space
- Located Adjacent to Kaiser Permanente Wheat Ridge Medical Offices
- Easy I-70 Access | Ample Parking
- 1.4 Miles From Intermountain Health Lutheran Hospital
- Well-Maintained Office/Medical Condo Park
5-MILE POPULATION: 364,573 | 5-MILE HH INCOME: $104,459
Sale Notes
Marcus & Millichap is pleased to present the exclusive opportunity to
acquire 4855 Ward Road, Suite 500, a 2,117-square-foot vacant medical office condominium located in Wheat Ridge, Colorado.
Formerly an ophthalmology/optometry clinic, the Property offers an exceptional chance for medical practices to own their real estate and capitalize on the existing medical tenant improvements. A unique value proposition includes the remaining 5.5 years on the prior tenant's triple net (NNN) lease, providing the buyer with immediate rental income until future occupancy.
Strategically located within a well-maintained medical and professional office condominium complex, the property benefits from its close proximity to a Kaiser Permanente medical campus and is just 1.4 miles from Intermountain Health Lutheran Hospital. Further advantages include convenient freeway access, abundant parking, updated interior finishes, and a variety of
nearby retail amenities.
acquire 4855 Ward Road, Suite 500, a 2,117-square-foot vacant medical office condominium located in Wheat Ridge, Colorado.
Formerly an ophthalmology/optometry clinic, the Property offers an exceptional chance for medical practices to own their real estate and capitalize on the existing medical tenant improvements. A unique value proposition includes the remaining 5.5 years on the prior tenant's triple net (NNN) lease, providing the buyer with immediate rental income until future occupancy.
Strategically located within a well-maintained medical and professional office condominium complex, the property benefits from its close proximity to a Kaiser Permanente medical campus and is just 1.4 miles from Intermountain Health Lutheran Hospital. Further advantages include convenient freeway access, abundant parking, updated interior finishes, and a variety of
nearby retail amenities.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 500 | 2,117 SF | Office/Medical | Upon Request | $67,600 |
Unit 500
| Unit Size |
| 2,117 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| $67,600 |
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Unit 500
| Unit Size | 2,117 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | $67,600 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.50% |
| APN/Parcel ID | 39-173-02-025 |
| Description | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Investment or Owner-User Opportunity<br> </li><li> Available For Immediate Occupancy, But Current NNN Lease In-Place Through 4/30/31<br> </li><li> Fully Built Out 2nd Generation Medical Office Space<br> </li><li> Located Adjacent to Kaiser Permanente Wheat Ridge Medical Offices<br> </li><li> Easy I-70 Access | Ample Parking<br> </li><li> 1.4 Miles From Intermountain Health Lutheran Hospital<br> </li><li> Well-Maintained Office/Medical Condo Park<br> 5-MILE POPULATION: 364,573 | 5-MILE HH INCOME: $104,459</li></ul> | |
| Sale Notes | |
| Marcus & Millichap is pleased to present the exclusive opportunity to <br> acquire 4855 Ward Road, Suite 500, a 2,117-square-foot vacant medical office condominium located in Wheat Ridge, Colorado.<br> <br> Formerly an ophthalmology/optometry clinic, the Property offers an exceptional chance for medical practices to own their real estate and capitalize on the existing medical tenant improvements. A unique value proposition includes the remaining 5.5 years on the prior tenant's triple net (NNN) lease, providing the buyer with immediate rental income until future occupancy.<br> <br> Strategically located within a well-maintained medical and professional office condominium complex, the property benefits from its close proximity to a Kaiser Permanente medical campus and is just 1.4 miles from Intermountain Health Lutheran Hospital. Further advantages include convenient freeway access, abundant parking, updated interior finishes, and a variety of <br> nearby retail amenities.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,843 SF | Typical Floor Size | 15,843 SF |
| Property Type | Office (Condo) | Year Built | 2001 |
| Property Subtype | Medical | Lot Size | 1.54 AC |
| Building Class | B | Parking Ratio | 3.66/1,000 SF |
| Floors | 1 | ||
| Zoning | P-D - City of Wheat Ridge | ||
| Total Building Size | 15,843 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 15,843 SF |
| Year Built | 2001 |
| Lot Size | 1.54 AC |
| Parking Ratio | 3.66/1,000 SF |
| Zoning | P-D - City of Wheat Ridge |
Amenities
- 24 Hour Access
- Kitchen
- Central Heating
- Natural Light
- Reception
- Air Conditioning
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