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

Renewal_eblastThe 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

OFFERING INFORMATION

OFFERING PRICE:
Best Offer
BUILDING SIZE:
36,541 SF
YEAR BUILT:
1987
YEAR RENOVATED:
2005
OCCUPANCY:
66%
IN-PLACE NOI:
$488,442

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

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