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Office Medical

Pinion Family Practice Medical Building

9895 W Remington Pl, Littleton, CO 80128

Listing Price: $2,250,000

Cap Rate
7.26%
Gross SF
8,391
Rentable SF
8,391
Price/Gross SF
$268.14
Occupancy
81.0%
Year Built
2003
Lot Size
0.92 acres

Investment Overview

Marcus & Millichap is pleased to offer this value/add medical office building for sale featuring a long-term lease with Pinion Family Practice.

Investment Highlights

  • Currently 81% occupied with One 1,600 SF Vacancy. Ability to Significantly Increase NOI 38% by Leasing Vacant Unit at $20/SF NNN and Converting Nutrition Center to a Net Lease.
  • Pinion Family Practice Independently Owned Primary Care Provider for All Ages, Pediatrics to Geriatrics Successfully Operating here Since 2010.
  • Built in 2003 with Modern Aesthetic and Ideal Single-Story Floor Plan in High Demographic Denver Suburb with Average Household Income of over $134,000 within Three-Mile Radius.

Exclusively Listed By

Office Medical

Pinion Family Practice Medical Building

Listing Price: $2,250,000

Cap Rate
7.26%
Gross SF
8,391
Rentable SF
8,391
Price/Gross SF
$268.14
Occupancy
81.0%
Year Built
2003
Lot Size
0.92 acres

Investment Highlights

  • Currently 81% occupied with One 1,600 SF Vacancy. Ability to Significantly Increase NOI 38% by Leasing Vacant Unit at $20/SF NNN and Converting Nutrition Center to a Net Lease.
  • Pinion Family Practice Independently Owned Primary Care Provider for All Ages, Pediatrics to Geriatrics Successfully Operating here Since 2010.
  • Built in 2003 with Modern Aesthetic and Ideal Single-Story Floor Plan in High Demographic Denver Suburb with Average Household Income of over $134,000 within Three-Mile Radius.

Investment Overview

Marcus & Millichap is pleased to offer this value/add medical office building for sale featuring a long-term lease with Pinion Family Practice.

Exclusively Listed By

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