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Single-Tenant Office Medical

The Center for Cosmetic Surgery

725 Heritage Rd, Golden, CO 80401

Listing Price: $7,105,000

Cap Rate
6.00%
Tenant Name
The Center for Cosmetic Surgery
Years Remaining On Lease
8.4
Gross SF
10,580
Guarantor
Private Guarantee
Rentable SF
10,580
Price/Gross SF
$671.55
Lease Type
Double Net
Rent Per Square Feet
$40.64

Investment Overview

Marcus & Millichap is pleased to present this condominium unit located at 725 Heritage Road, Suite 200, Golden, CO. The building was constructed in 2008 and is comprised of 10,580 square feet situated on 0.23 acres.

The building is fully occupied by The Center for Cosmetic Surgery under a double-net lease structure, featuring 3% annual rental escalations. There are 8+ years of lease term remaining, with two additional five-year renewal options.

The Center for Cosmetic Surgery provides a full spectrum of surgical and nonsurgical aesthetic procedures for the face, breasts, and body. The practice is led by board-certified plastic surgeons Dr. Steven Vath, Dr. Andrew Wolfe, Dr. Paul Steinwands, Dr. Teresa Cunningham, and Dr. Matthew Freeman.

Services Offered:
• Facial Procedures: Facelift, mini facelift, mini brow lift, neck lift, eyelid surgery, rhinoplasty, prominent ear surgery, earlobe surgery, chin augmentation, and fat transfer.

• Breast Procedures: Breast augmentation, breast lift, breast revision, breast reduction, inverted nipple repair, male breast reduction, and FTM chest masculinization.

• Body Procedures: Mommy makeover, tummy tuck, liposuction, arm lift, thigh and buttock lift, and labiaplasty.

• Medical Spa Services: BOTOX® Cosmetic, Dysport®, dermal fillers, laser hair removal, Halo™ Hybrid Fractional Laser, laser skin resurfacing, chemical peels, IPL/LaseMD, microneedling (including RF), and Avéli™ cellulite reduction.

The Golden office includes the Apex Surgical Facility, a private, AAAHC-accredited surgery center specifically designed for cosmetic procedures.

Golden, Colorado, offers a prime location near U.S. Route 6, providing easy access to Clear Creek Canyon, Denver, and the Rocky Mountains. A historic city known for its rich mining heritage and natural beauty; Golden is also home to the famous Coors Brewery. Golden is served by the Regional Transportation District (RTD). The local bus is Route 17, and the light rail is the W Line. The light rail W Line travels to/from Jefferson County Government Center-Golden Station to Denver Union Station.

Investment Highlights

  • 100 Percent Occupied Medical Surgery Center
  • Double-Net Lease Structure
  • 3 percent annual rental escalations

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Single-Tenant Office Medical

The Center for Cosmetic Surgery

Listing Price: $7,105,000

Cap Rate
6.00%
Tenant Name
The Center for Cosmetic Surgery
Years Remaining On Lease
8.4
Gross SF
10,580
Guarantor
Private Guarantee
Rentable SF
10,580
Price/Gross SF
$671.55
Lease Type
Double Net
Rent Per Square Feet
$40.64

Investment Highlights

  • 100 Percent Occupied Medical Surgery Center
  • Double-Net Lease Structure
  • 3 percent annual rental escalations

Investment Overview

Marcus & Millichap is pleased to present this condominium unit located at 725 Heritage Road, Suite 200, Golden, CO. The building was constructed in 2008 and is comprised of 10,580 square feet situated on 0.23 acres. The building is fully occupied by The Center for Cosmetic Surgery under a double-net lease structure, featuring 3% annual rental escalations. There are 8+ years of lease term remaining, with two additional five-year renewal options. The Center for Cosmetic Surgery provides a full spectrum of surgical and nonsurgical aesthetic procedures for the face, breasts, and body. The practice is led by board-certified plastic surgeons Dr. Steven Vath, Dr. Andrew Wolfe, Dr. Paul Steinwands, Dr. Teresa Cunningham, and Dr. Matthew Freeman. Services Offered: • Facial Procedures: Facelift, mini facelift, mini brow lift, neck lift, eyelid surgery, rhinoplasty, prominent ear surgery, earlobe surgery, chin augmentation, and fat transfer. • Breast Procedures: Breast augmentation, breast lift, breast revision, breast reduction, inverted nipple repair, male breast reduction, and FTM chest masculinization. • Body Procedures: Mommy makeover, tummy tuck, liposuction, arm lift, thigh and buttock lift, and labiaplasty. • Medical Spa Services: BOTOX® Cosmetic, Dysport®, dermal fillers, laser hair removal, Halo™ Hybrid Fractional Laser, laser skin resurfacing, chemical peels, IPL/LaseMD, microneedling (including RF), and Avéli™ cellulite reduction. The Golden office includes the Apex Surgical Facility, a private, AAAHC-accredited surgery center specifically designed for cosmetic procedures. Golden, Colorado, offers a prime location near U.S. Route 6, providing easy access to Clear Creek Canyon, Denver, and the Rocky Mountains. A historic city known for its rich mining heritage and natural beauty; Golden is also home to the famous Coors Brewery. Golden is served by the Regional Transportation District (RTD). The local bus is Route 17, and the light rail is the W Line. The light rail W Line travels to/from Jefferson County Government Center-Golden Station to Denver Union Station.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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