For Sale
$2,500,000

7515 Yale AveDenver, CO 80227

7,376 SF, 8.73% Cap Rate, Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 7,376-square-foot Class B medical office building situated on a 0.6-acre lot at 7515 W Yale Ave, Denver, CO 80227. The property, built in 1989 and featuring a full medical build-out, boasts a 100% occupancy rate with a strong net operating income (NOI) of $218,295, yielding an attractive 8.73% cap rate. Currently leased to Perfect Teeth, a well-established dental group with multiple locations, the lease extends to March 2029. While the tenant is exploring subleasing options, they have confirmed their commitment to rent payments through the lease term and will provide an estoppel certificate. The property is zoned BA-1 and is being sold vacant ("dark"), presenting a compelling value-add opportunity for investors or owner-users seeking a prime location in Denver. The asking price is $2,500,000, translating to $338.94 per square foot. The two-story building offers significant potential for future growth and income generation. Its strategic location at the intersection of W. Yale Ave and S. Wadsworth Blvd provides excellent visibility and accessibility.

Highlights

  • $2,500,000 asking price for a 7,376 SF medical office building.
  • Net lease investment opportunity with an 8.73% cap rate.
  • 100% occupancy with a $218,295 annual net operating income (NOI).
  • Class B, two-story building constructed in 1989, situated on a 0.6-acre lot in Denver, CO.

Property Details for 7515 Yale Ave

Property type
Office properties, Medical offices
Square Feet
7,376 SF
Class
B
Year Built
1989
Stories
2
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.6682044
Longitude
-105.0795197
7515 Yale Ave, Denver, Colorado

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7515 Yale Ave
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