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372 Inverness Dr Englewood, CO 80112

Class A Medical Office, 49,106 SF, 22+ Year Lease

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional Class A medical office building presents a compelling investment opportunity. Located at 372 Inverness Dr S, Englewood, CO 80112, this 49,106 square foot, three-story facility is a fully occupied, 40-bed inpatient rehabilitation hospital. Built in 2022, the property boasts a 22.3-year remaining lease term (expiring February 28, 2047) with a corporate guarantee from Reunion Rehabilitation Hospital Inverness, LLC. The lease is an Absolute NNN structure, featuring a 2% year-over-year rent increase. Two five-year lease options are included, maintaining the 2% annual increase. The property sits on a 3-acre lot and offers ample parking (98 spaces per 1,000 sq ft). The building is zoned for Planned Development and features modern amenities including private rooms, therapy gyms, an outdoor courtyard, a café, and family meeting areas. This stabilized investment offers significant long-term value in a high-demand location within the affluent Inverness/Denver Tech Center area. The property is offered fee simple, free and clear of debt. The building's location provides access to a substantial population base, with 210,000 residents within a 5-mile radius and an average household income of $146,000.

Highlights

  • Brand new, Class A, 40-bed inpatient rehabilitation facility (IRF) in affluent southeast Denver.
  • Assumable interest-only financing available.
  • Expandable to 58 beds.
  • Absolute net lease.
  • 22-year lease remaining with 2% annual rent increases.
  • Strong demographics: 210,000 residents within 5 miles, $146,000 average household income.

Property Details for 372 Inverness Dr

Property type
Office properties, Medical offices
Square Feet
49,106 SF
Class
A
Year Built
2022
Buildings
1
Stories
3
Lot Size (sq. ft)
130,680 SF
Units
1

Location Insight

City
Englewood
County
Douglas
State
Colorado
Latitude
39.559924686467
Longitude
-104.86527371932

FAQs

What type of property is this?
Office property - Class A Medical Office, 49,106 SF, 22+ Year Lease
Where is the office property located?
The property is located at 372 Inverness Dr Englewood, CO.
What are key features of this property?
This property features: Brand new, Class A, 40-bed inpatient rehabilitation facility (IRF) in affluent southeast Denver.; Assumable interest-only financing available.; Expandable to 58 beds.
How can I contact the broker?
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372 Inverness Dr
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