8380 Wyandot StWestminster, CO 80221

  • Healthcare properties
  • 15,006 SF
For Sale
$2,200,000 View listing

Property Details for 8380 Wyandot St

Year built
1977
Property size (Sq ft)
15,006 SF
Property type
Healthcare properties
Property subtype
Other office properties

Description

This exceptional investment opportunity presents a three-story, 15,006-square-foot medical office building in Westminster, Colorado. Located at 8380 Zuni St & 8371 Wyandot St, this Class C property boasts seven units and offers a compelling blend of established income and future development potential. Built in 1977, the building features a ramp and elevator for accessibility, and is situated on a substantial 34,875-square-foot lot. Currently generating a NOI of $84,226, a pro-forma NOI of $170,529 projects a 7.75% cap rate. The property includes a 15-year rooftop lease with T-Mobile, adding a consistent revenue stream. The zoning is C-0, allowing for a variety of uses. The asking price is $2,200,000, translating to $146.61 per square foot. The land value alone is $63.08 per square foot. Short-term leases are in place, presenting an opportunity for an owner-user or to increase rental income. Seller financing may be available at 5% interest, contingent upon the offer. The property's proximity to two hospitals, CommonSpirit Primary Care 84th Avenue and OnPoint Family Medicine at Westminster, further enhances its desirability and potential for growth. This is an ideal investment for a medical professional seeking an owner-user opportunity or an investor looking for strong returns in a thriving Denver market.

8380 Wyandot St, Westminster, Colorado

Location Insight

City
Westminster
County
Jefferson
State
Colorado
Latitude
39.8485
Longitude
-105.015

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