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27141983
24167581

897 US-287, Broomfield, CO 80020

BK
CO CO FA100045203
Marcus & Millichap - Denver
EE
CO CO FA100089977
Marcus & Millichap - Denver
CN
CO FA.100073491
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$2,995,000
351 days on market
Updated 10 days ago

897 Highway 287

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 12,220
Net Rentable (SqFt) 12,220
Units 4
Cap Rate 2.41%
NOI $72,067
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 7.5%
Pro-Forma NOI $224,588
Price per SqFt $245
Class B
Year Built 2021
Buildings 1
Stories 2
Acreage 3.500
Zoning PUD
Investment Type Owner/User

Medical or Traditional Office 12,220 SqFt

Marketing description

The Kramer Group of Marcus & Millichap is proud to present an exclusive investment opportunity at Broomfield Professional Plaza II, a highquality medical/professional office asset located in the heart of Broomfield, Colorado. This Class B, two-story building comprises 12,220 square feet and sits on a spacious 3.50-acre parcel with the adjoining building at 899 US Hwy 287, zoned PUD, allowing for a range of commercial and medical uses. Constructed in 2021, the property offers modern design, strong curb appeal, and long-term upside potential. The core and shell delivery provides the next owner/tenant flexibility to customize the space and accommodate a variety of layouts.

Investment highlights

  • Fully Leased Second Floor: Occupied by Clinica Family Health & Wellness, a respected healthcare provider, ensuring stable, in-place income. The current 5-year lease term in-place with (2) 5-year options to extend.

  • Occupancy: The top floor is fully leased to a medical office operator, indicating a professional tenant mix within the building.

  • First Floor – Value-Add Opportunity: Delivered in gray shell condition, the 6,110 SF ground-level space provides a blank canvas for owner-users or investors. Ideal for single or multi-tenant buildouts (up to four separate units), tailored to medical, dental, or professional office use. Four separate entrances.

  • Prime Location & Visibility: Situated directly on US Hwy 287, offering excellent exposure, monument signage, and easy access to local amenities and major thoroughfares.

  • Modern Construction: Built in 2021, the property offers energy-efficient systems, ADA accessibility, and flexible interior configurations to meet today’s professional and healthcare standards. Plumbing throughout the building.

  • ADA Compliance: The floor plan can accommodate four single-stall ADA-compliant restrooms.

  • Signage Opportunities: Building signage opportunities are available, along with monument signage along US Hwy 287, enhancing visibility.

  • HOA Dues: Includes water/sewer, snow removal, landscaping, and electrical. Second-floor tenant dues are $2800/month.

Listing Contacts

BK
CO CO FA100045203
Marcus & Millichap - Denver
EE
CO CO FA100089977
Marcus & Millichap - Denver
CN
CO FA.100073491
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,067.00
$6,005.58/mo

Valuation Metrics

0
DSCR
2.41%
Cap Rate
2.41%
ROI

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Additional Information

Name
Brandon Kramer
License
CO FA100045203
Brokerage
Marcus & Millichap
Title
Vice President
Brokerage Address
1144 15th Street
Name
Erik Enstad
License
CO FA100089977
Brokerage
Marcus & Millichap
Brokerage Phone
303-328-2013
Title
Senior Associate
Brokerage Address
1144 15th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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