Listed by Quiver Investments, LLC
$4,852,000
ParkGlenn Medical Office
Details
APN 2233-151-05-020 and 2233-151-05-019
Property Type Office
Sub Type Medical Office
Square Footage 20,078
Net Rentable (SqFt) 15,164
Cap Rate 9.87%
NOI $478,901
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 10/30/2025
Lease Options None
Price per SqFt $242
Broker Co-Op Yes
Class A
Year Built 2009
Buildings 1
Stories 2
Acreage 1.710
Zoning Planned Development
Parking Spaces 6.46 per 1,000 sq ft
Investment Type Owner/User
Tenant Credit Credit Rated
Ownership Fee Simple
Value-Add or Owner User Medical Office
Marketing description
10168 Parkglenn Way in Parker, CO is a 20,078 RSF (including basement) medical office building previously leased by Kaiser Permanente. Kaiser just relocated (October 2025) into their new primary care facility at the intersection of Parker Road and Hess Road, allowing an owner-user or investor the opportunity to have a fully functional medical building that can be either single or multi tenant layout. The property has an excellent parking at 6.46 per 1,000 RSF (98 parking spaces) with an attractive stucco & stone facade across the entire 2-story building.
The Town of Parker is a vibrant suburban community 25 minutes south of Denver and provides an active lifestyle due to its 250 acres of parks, 30 miles of developed trails and convenient access to year-round outdoor activities. Parker is 25 miles from Denver International Airport, less than 5 miles from Centennial Airport (nation’s 2nd busiest general aviation airport), with easy access to E-470 and I-25. For these reasons, 7 of 9 of Colorado’s Fortune 500 companies are located within 10 miles of Parker including Arrow Electronics, Newmont Group and Western Union among others.
Investment highlights
Priced well below replacement cost for a fully constructed medical office building
Coveted suburban location with walkable amenities surrounding the property
Complete medical buildout including extensive plumbing infrastructure throughout exam rooms, medical imaging area, pharmacy, etc.
Listing Contacts
Listed by Quiver Investments, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$478,901.00
$39,908.42/mo
Valuation Metrics
0
DSCR
9.87%
Cap Rate
9.87%
ROI
Map
Zoning
PD PlannedPlanned Development
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View all 1 uses
View all 1 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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