6801 Yosemite StCentennial, CO 80112

  • Office properties
  • 12,504 SF
For Sale
$7,235,000 View listing

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
6801 Yosemite St, Centennial, Colorado

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

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
2021
$35,985
-
-
$368,838
-
$361,120
$990,880
$1,352,000

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