1421 Potomac StAurora, CO 80012

  • Healthcare properties
  • 38,875 SF
For Lease
$31.50/SF/YR View listing

Property Details for 1421 Potomac St

Year built
1982
Construction
FRAME
Lot size
0.38 AC
Property size (Sq ft)
38,875 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
1973-24-1-23-002
APU
197324123002

Description

This exceptional 3,426 square foot medical office suite, located at 1421 S Potomac St, Suite 330, Aurora, CO 80012, is situated within the Medical Center of Aurora, South Campus, a 346-bed Level II Trauma facility. Offering a traditional medical office environment with abundant natural light, the space features hardwood floors, multiple treatment rooms, private offices, a spacious reception/waiting area, a checkout station, and a dedicated lab room. The suite is part of a larger, four-story Class B office building totaling 46,000 square feet, renovated in 2018, and equipped with elevators. A sublease opportunity is available with approximately 18 months remaining on the primary lease term, including a five-year lease option. The building offers convenient valet parking and a parking garage for staff and doctors. The property enjoys excellent accessibility, being just five minutes from the Florida/I-225 light rail station and benefits from direct interior access to the adjacent hospital. The minimum divisible space is 3,426 square feet, and the maximum contiguous space available is also 3,426 square feet. This location provides unparalleled access to a thriving medical community and offers a unique opportunity for medical professionals seeking a well-appointed and conveniently located practice space. Cross street is E. Arkansas Dr.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,296,676
    6.5%
    $6,735,393
    7%
    $6,254,294
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,626,054
    Geo Method
    $3,211,852
  • Alternative Use

    Use
    Valuation
    Residential
    $8,351,888
    Hospitality
    $7,650,284
    Educational
    $6,364,946
    Medical
    $6,583,846
    Retail
    $9,901,028
1421 Potomac St, Aurora, Colorado

Location Insight

City
Aurora
County
Arapahoe
State
Colorado
Latitude
39.6906
Longitude
-104.833
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$159,132
-
-
$1,712,126
-
$165,360
$6,001,293
$6,166,653

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