For sale

Huron Links Medical Office

11310 Huron St | Northglenn, CO 80234

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CITY

Northglenn

COUNTY

Adams

SUBMARKET

North Denver

BLDG USE

Office/Medical

YR BUILT

2000

BLDG SF

16,385 SF

STORIES

3

PARKING

4.89/1,000

TENANCY

Multiple

  • PROPERTY TYPE

    Retail & Flex

  • Available space

    1,369-2,855SF

  • Lease rate

    $10.00-12.00 SF

  • lease type

    $4.00 NNN

PROPERTY OVERVIEW

Huron Links Medical Oce Building is a 16,385 square foot fully occupied Medical oce building that is Priced at a Cap Rate of 7.05% on actual income. The rent roll is a mix of healthcare oriented tenants with businesses that provideMaecenas eu erat lorem. Sed quis mauris mi. Vestibulum faucibus non purus vitae finibus. Morbi tristique metus in consectetur maximus. Praesent eu feugiat diam, id convallis felis. Nulla magna libero, mattis et ipsum rutrum, lobortis dignissim elit. Vestibulum finibus neque at dui bibendum iaculis. Praesent pulvinar leo a neque pellentesque, sed auctor erat consectetur. Nullam tincidunt aliquet fringilla. Donec tincidunt feugiat lacinia.

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...easy to manage, with future development opportunity

PROPERTY HIGHLIGHTS


100% occupied multi tenant Medical Office investment
Priced on actual numbers at a 7.05% Cap Rate
Offered below the replacement cost at $180.04 SF

Average Rent of $19.76 SF Full Service
Tenants include chiropractic, psychiatric, dental, & Family care
Includes raw land for future development

Available Space

Unit

100

SF

895

$ per SF

$/SF

$17.50-$19.50

MO rent

rent

$1,350 - $1,454

Lease Type

Type

Full Service

Increase

$0.50/SF

Floor plan

plans

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

100

895

$17.50-$19.50

$1,350 - $1,454

Full Service

$0.50/SF

Offering Summary

Pricing and returns

Price

Price per SF

CAP Rate

 

 

 

 

 

 

$2,950,000

$180.04

7.05%

Operating data

Base Rent

Expense Reimbursement

Additional Income

Gross Potential Income

Vacancy Factor

Reserves

Effective Gross Income

Total Expenses

 

 

 

 

5.00%

$0.15

 

 

 

 

 

 

 

 

$362,155

$6,123,24

$0

$362,278

$18,108

$2,458

$34,712

$139,882

Net Operating Income

 

 

$207,830

Proposed financing

Down Payment

Loan Amount

Interest Rate

Amortization (Years)

Debt Service

30.00%

 

 

 

 

 

 

 

 

 

$885,000

$2,065,000

5%

25

$144,861

Return on investment

Net Cash Flow

Cash-On-Cash

Principal Reduction

Total Return

Total Return %

30.00%

 

 

 

 

 

 

 

 

 

$62,969

7.12%

$42,578

$102,547

$144,86111.93%

Daron Pair

Scott Fisher

Senior Associate Broker

Phone: 305.512.1158
Cell: 303.882.8622
Fax: 720.638.5529
Email: sfisher@uniqueprop.com

Unique Properties

Please note, all information furnished in this presentation has been secured from sources we believe to be reliable. However, we accept no responsibility for its correctness and encourage the verification of all numbers prior to making any financial decisions. We may owe duties to the landlord, which can include utmost good faith. We may negotiate on behalf of and act as advocate for the landlord. Please do not tell us any information that you do not want shared with the landlord. You are not legally responsible for our actions. Although we do not represent you, we will disclose to you all adverse material facts about the property actually known to us in accordance with Colorado Law. We will assist you without regard to race, creed, sex, religion, national origin, familial status or handicap.