6801 Yosemite StCentennial, CO 80112
- Office properties
- 12,504 SF
Property Details for 6801 Yosemite St
- Year built
- 1971
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.83 AC
- Property size (Sq ft)
- 12,504 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 2075-28-1-21-012
- APU
- 207528121012
Description
This exceptional investment opportunity presents a fully occupied, two-building medical office campus totaling ±18,248 square feet on a 1.27-acre lot in Centennial, Colorado. Located at 6801 & 6789 S Yosemite St, 80112, this Class B property boasts a strong 10-year absolute NNN lease (commencing December 1, 2023, and expiring November 30, 2033) with a prominent biomedical research and therapeutic group. The lease includes rent bumps and lease options, providing long-term stability and predictable income. The current NOI is $492,000, resulting in a 6.80% cap rate and a pro-forma cap rate of 7.34%. The property features a diverse range of healthcare specialties, including asthma and allergy, immunology, infectious disease, neurology, and otolaryngology, among others. The tenant occupies 100% of the space, offering immediate cash flow. The three-story buildings provide ample space for the tenant's onsite clinical lab and infusion facilities. This is a single-tenancy portfolio sale, ideal for investors seeking a secure, high-return medical real estate investment in a prime Denver-area location. The property is approximately 20 minutes southeast of downtown Denver. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,735,052
- 6.5%
- $2,524,664
- 7%
- $2,344,331
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,033,080
- Geo Method
- $1,033,080
-
Alternative Use
- Use
- Valuation
- Residential
- $3,130,583
- Hospitality
- $2,867,597
- Educational
- $2,385,807
- Medical
- $2,467,859
- Retail
- $3,711,256
Location Insight
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Latitude
- 39.5924
- Longitude
- -104.889
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].