8410 Decatur StWestminster, CO 80031

For Sale

Stable NNN lease, strong tenant, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a fee-simple interest in a 18,000 square foot, single-tenant medical office building located at 8410 Decatur St, Westminster, CO 80031. The property, built in 2009, sits on a 2.1-acre lot and is 100% occupied by Innovative Renal Care under a 10-year absolute NNN lease (commencing July 1, 2023, and expiring June 30, 2033) with a corporate guarantee. The lease includes a 2% annual rent increase, generating a current annual Net Operating Income (NOI) of $459,000. The property benefits from its strategic location near the Uplands Community Development, a large mixed-use project featuring residential, retail, and commercial components, ensuring high visibility and consistent traffic flow. This one-story building offers investors a hassle-free ownership experience with zero landlord responsibilities. The lease includes two five-year renewal options, providing long-term stability and potential for appreciation. The property's location within established residential neighborhoods and commercial areas contributes to its strong investment potential. This offering is ideal for investors seeking a stable, high-yielding asset with a reputable tenant in a growing market. The combination of a long-term lease, annual rent escalations, and an absolute net lease structure makes this an attractive addition to any portfolio.

Highlights

  • Absolute NNN leased medical office building.
  • Single-tenant, 18,000 square foot building occupied by Innovative Renal Care.
  • 10-year lease commencing July 1, 2023, with 2% annual rent increases and two, five-year renewal options.
  • Corporate guaranteed lease providing a stable annual NOI of $459,000.
  • Located in Westminster, CO, on a 2.1-acre lot.

Property Details for 8410 Decatur St

Property type
Other office properties, Medical offices
Square Feet
18,000 SF
Year Built
2009
Buildings
1
Stories
1
Lot Size (sq. ft)
91,476 SF

Location Insight

City
Westminster
County
Adams
State
Colorado
Latitude
39.8495903
Longitude
-105.0221465
8410 Decatur St, Westminster, Colorado

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8410 Decatur St
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