Skip to main content

Office

Capitol Hill Healing Center

750 E 9th Ave, Denver, CO 80203

Listing Price: $2,400,000

Cap Rate
2.31%
Rentable SF
6,250
Lot Size
0.14 acres
Year Built
2002

Investment Overview

Smith Office Team of Marcus & Millichap is pleased to present the Capitol Hill Healing Center, a 6,250 gross square feet, Class B, executive suites, office building located at 750 East 9th Avenue in Denver, Colorado. The brick building was built in 2002 on a 0.14-acre parcel. It includes an elevator, a fire suppression system, a security system, and underground and private surface parking. 1,793 square feet of common area is rent-free, making rentable square feet 4,457. Thus, the building is 82% occupied by 19 tenants. Many suites range from 88 to 200 square feet, while a couple of suites are 700 square feet or greater. 823 non-contiguous square feet is vacant. From 11/1/21, the building's weighted average lease term is only 0.82 years. Four tenants are month-to-month. An owner-user could immediately move in, treat in-place rents as additional income, and expand over time. The building is conveniently located in Denver's Capitol Hill neighborhood. Many restaurants and bars are within walking distance. Both downtown Denver and Cherry Creek are less than ten minutes away. Either Colfax or 6th Avenue provides easy access to I-25. Capitol Hill Healing Center, located at 750 East 9th Avenue, would be a great opportunity for an owner-user searching for a beautiful building located just outside of downtown Denver that they could grow into.

Investment Highlights

  • 6,250 SF, Class B, Office Building
  • 19 Executive Suites; 2 Offices
  • Owner-User Opportunity
  • 82% Occupied (4,457 RSF)
  • WALT of 0.82 Years; 4 MTM Tenants
  • 2002 Brick Construction
  • Underground & Private Surface Parking
  • Elevator w/ Service to Underground Parking

Exclusively Listed By

Financing By

Office

Capitol Hill Healing Center

Listing Price: $2,400,000

Cap Rate
2.31%
Rentable SF
6,250
Lot Size
0.14 acres
Year Built
2002

Investment Highlights

  • 6,250 SF, Class B, Office Building
  • 19 Executive Suites; 2 Offices
  • Owner-User Opportunity
  • 82% Occupied (4,457 RSF)
  • WALT of 0.82 Years; 4 MTM Tenants
  • 2002 Brick Construction
  • Underground & Private Surface Parking
  • Elevator w/ Service to Underground Parking

Investment Overview

Smith Office Team of Marcus & Millichap is pleased to present the Capitol Hill Healing Center, a 6,250 gross square feet, Class B, executive suites, office building located at 750 East 9th Avenue in Denver, Colorado. The brick building was built in 2002 on a 0.14-acre parcel. It includes an elevator, a fire suppression system, a security system, and underground and private surface parking. 1,793 square feet of common area is rent-free, making rentable square feet 4,457. Thus, the building is 82% occupied by 19 tenants. Many suites range from 88 to 200 square feet, while a couple of suites are 700 square feet or greater. 823 non-contiguous square feet is vacant. From 11/1/21, the building's weighted average lease term is only 0.82 years. Four tenants are month-to-month. An owner-user could immediately move in, treat in-place rents as additional income, and expand over time. The building is conveniently located in Denver's Capitol Hill neighborhood. Many restaurants and bars are within walking distance. Both downtown Denver and Cherry Creek are less than ten minutes away. Either Colfax or 6th Avenue provides easy access to I-25. Capitol Hill Healing Center, located at 750 East 9th Avenue, would be a great opportunity for an owner-user searching for a beautiful building located just outside of downtown Denver that they could grow into.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower