For Sale: Denver Class A Medical Office – Value-Add Leasing Opportunity

CBRE_RenewalMedicalCenterClass A Outpatient Center with Value-Add Potential

Offering Information

  • Offering Price: Best Offer
  • Building Size: 36,541 SF
  •  Year Built: 1987
  • Year Renovated: 2005
  • Occupancy: 66%
  • In-Place NOI: $488,442

The Offering

CBRE’s Healthcare Capital Markets Group is pleased to exclusively offer the Renewal Medical Center (the “Property”) for purchase.  The Property totals 36,541 square feet of Class A space featuring a surgery center, orthopedics, physical therapy, and a number of complementary practices. Recently renovated to cater to its high-end tenancy, the Property is 66% leased, affording an investor the opportunity to attain value through lease-up of the remaining space.

Investment Highlights

  • Highly Affluent Location
  • Located Near Award-Winning Hospital
  • Value-Add Opportunity Through Lease-up
  • Delivered Free and Clear of Existing Debt
  • Appealing Aging Trends
  • Exceptional Medical Market Demographics

CBRE Investment Contacts

  • Chris Bodnar

Healthcare Capital Markets

+1 303 628 1711

chris.bodnar@cbre.com

  • Lee Asher

Healthcare Capital Markets

+1 404 504 5965

lee.asher@cbre.com

  • Dann Burke Denver

Healthcare Brokerage Services

+1 720 528 6362

daniel.burke@cbre.com

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In
   

Comments are closed, but trackbacks and pingbacks are open.