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4300 Kittredge St
Denver, CO 80239 Gateway

$19,857,000 USD

Office For Sale  •  62,972 SF

Property Details

  • Property Type Office
  • Total Building Size 62,972 SF
  • Lot Size 6.06 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning GTWY- MU2
40 Transit Score
30 Walk Score

Highlights

Anchored by Concorde Career Colleges (12-Yr Term), guaranteed by Universal Technical Institute (NYSE: UTI), approx. $835 million in annual revenue
Highly specialized healthcare training campus featuring clinical labs, simulation environments, and classrooms that are difficult to replicate
Consistent enrollment growth across Concorde's programs, with nursing and allied health disciplines experiencing sustained demand and waitlists
A favorable lease structure with strong expense recoveries results in a highly efficient income stream minimizing landlord expense exposure
Enhanced through approximately $8.0 million of recent tenant-funded improvements, delivering modernized interiors and exterior upgrades
Offering 11+ years of remaining lease term, with fixed annual rent escalations that provide predictable cash flow

Property Flyers

Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Concorde Career Institute 12/31/2037
Fedex Corp 3/31/2028

Amenities

  • Signage
  • Reception
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.4 mi
8 min - 3.3 mi
AirportDriveWalkDistance
Denver International 16 min - 12.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 356
Type: Surface
Included in Rent: Yes
Mindy Korth 602-531-5538 Colliers
Mindy Korth 602-531-5538 Colliers