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10001 N Washington St
Thornton, CO 80229 Greater Thornton

$3,245,686 USD

Medical Condo For Sale  •  10,958 SF

Property Details

  • Property Type Medical
  • Total Building Size 10,958 SF
  • Lot Size 1.13 AC
  • Building Class B
  • Year Built 1978
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning NS, Thornton
32 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Medical Office 10,958 SF $3,245,686 USD
  • Unit Size: 10,958 SF
  • Condo Use: Medical Office
  • Price: $3,245,686 USD
  • Sale Type: Investment
  • Price/SF: $296.19 USD
Description
North Washington Medical Condominium is a 10,958 RSF, fully leased, class B, medical office condominium with national credit healthcare tenants and true NNN lease structures that support predictable, low-touch cash flow

Description 

100% occupied, 10,958 SF medical office condominium. North
Washington Medical is anchored by established healthcare users
including Heartland Dental, MyEyeDr., and Rocky Mountain
Gastroenterology, providing immediate and predictable cash flow
with limited volatility.

North Washington Medical Campus also known as Condo 1, is
currently managed by 10001 Washington CCMA, Inc., a
commercial condo management association.

Highlights

NNN Leases
WALT = 4.52 years
Total Capex Items in last 12 months = $769,000
100% Occupancy

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Heartland Dental 3,169 SF
MyEyeDr. 4,111 SF
Rocky Mount Endoscopy Centers 3,678 SF

Public Transportation

Commuter RailDriveWalkDistance
Northglenn - 112Th Station Track 1 (Union Station to Eastlake & 124th Station - Regional Transportation District) 6 min - 2.8 mi
Original Thornton - 88Th Station Track 1 (Union Station to Eastlake & 124th Station - Regional Transportation District) 8 min - 3.6 mi
AirportDriveWalkDistance
Denver International 34 min - 21.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 92
Type: Surface
Included in Rent: Yes
Darren Nakos 970-389-5599 Recentric Realty Capital
Darren Nakos 970-389-5599 Recentric Realty Capital