4855 Ward Road, Suite 500
Office | 6.52% CAP | 2,117 SqFt
Marketing description
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.
Investment highlights
• 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
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