300 Federal BlvdDenver, CO 80219

For Lease
$12.50/SF/YR

17,168 SF, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 17,168 square foot medical office space, formerly a Walgreens, is available for sublease. Located at the signalized intersection of South Federal Boulevard and West Alameda Avenue in Denver County, this property boasts approximately 75,000 vehicles per day. The building features prominent building and pylon signage, convenient drive-thru access, and ample parking (approximately 44 spaces). Built in 2002 with HVAC systems replaced in 2021, the space includes a 13,410 square foot main area plus a 3,284 square foot mezzanine. The lease term is available until March 31, 2034 (co-terminus with the master lease), and the property is offered "as-is." The suggested annual rent is $215,000, modified gross (real estate taxes are included; repairs and maintenance, insurance, and utilities are tenant expenses). Zoning is B-4, UO-1, UO-2. Several uses are prohibited, including but not limited to pharmacies, marijuana dispensaries, and various entertainment venues. All offers are subject to the approval of Walgreens Co.'s Real Estate Committee. This high-visibility location presents a unique opportunity for a medical practice seeking a well-established space in a busy Denver commercial corridor. Access is readily available from both Alameda Avenue and Federal Boulevard.

Highlights

  • $215,000 annual rent, modified gross (tenant pays R&M, insurance, utilities).
  • Master lease expiration: 3/31/34.
  • Former Walgreens premises: ±13,410 SF + ±3,284 SF mezzanine + drive-thru.
  • Building and dedicated pylon signage.
  • High-traffic location: Signalized intersection of S Federal Blvd and W Alameda Ave, ±75K vehicles per day (VPD).
  • Convenient access: Rear and front loading on Alameda and Federal Blvd.

Unit(s) available at that property

Space
Size
17,168 SF
Rate per SF
$12.50

Location Insight

City
Denver
County
Denver
State
Colorado
Latitude
39.7108073
Longitude
-105.0245791
300 Federal Blvd, Denver, Colorado

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300 Federal Blvd
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