Investment Overview

Marcus & Millichap is pleased to present 4326 Tennyson Street, Denver, CO. The building was constructed in 1904 and fully renovated in 2021/2024. The medical office is comprised of 2,449 square feet situated on 0.08 acres. The building is fully occupied by Rejuvenate MedSpa / Skinceuticals SkinLab under a double-net lease structure, featuring 3% annual rental escalations. The lease has 9 years of lease term remaining, with two additional five-year renewal options. Rejuvenate / SkinCeuticals SkinLab is led by board-certified plastic surgeons Dr. Steven Vath and Dr. Andrew Wolfe, and operates under the leadership of Sara Kubic, RN, BSN. This state-of-the-art medical spa offers a comprehensive range of advanced skincare treatments. The services offered are non-surgical cosmetic treatments, including injectables like Botox and dermal fillers, advanced laser therapies such as BBL and HALO, and skincare treatments like HydraFacial and microneedling. The med spa partners with leading aesthetics companies, including Galderma (makers of Dysport® and Restylane®) and Allergan (makers of Botox® and Juvederm®). Skinceuticals SkinLab™ Denver, a medical spa offering a range of aesthetic treatments. Sara Kubic, a Certified Aesthetic Nurse Specialist, has over 18 years of experience in aesthetic medicine and is widely recognized for her expertise in injectables and facial rejuvenation. Beyond her clinical practice, she is a nationally recognized speaker and trainer for major aesthetics brands. As a faculty member of Galderma’s elite GenNOW program, she has played a key role in industry advancements, including the launch of the dermal filler Restylane Kysse. The Center for Cosmetic Surgery and Rejuvenate are both part of the Kalon Group, which is a national network of top-tier plastic surgery practices. Kalon Group is backed by a private equity firm based in Denver, which provides financial support and strategic guidance to help expand and enhance its affiliated practices. This structure allows CCS and Rejuvenate to benefit from shared resources, industry expertise, and a strong operational foundation while maintaining their commitment to high-quality aesthetic and surgical care. This medical office is strategically situated in Denver’s vibrant Tennyson Street District, a highly sought-after destination. With prominent buildings and sidewalk signage, it enjoys excellent visibility, capturing the attention of passersby and potential clients. Surrounded by thriving residential developments, the center benefits from a built-in customer base, fostering growth and community engagement. Positioned on a pedestrian-friendly, bustling street, it sits at the heart of the action, attracting steady foot traffic and enhancing accessibility.