University Hills is a three-property collection of versatile assets positioned in an up-and-coming area brimming with new development. The buildings are all adjacent and situated on 0.8 acres with the generous C-MX-5 zoning designation. This offering is to be leased or sold as is, leaving ample opportunity for adaptive reuse or full redevelopment. The owner is also open to a ground lease of the full site.
2145 S Clermont Street is a two-story, 4,660-square-foot office building. The current behavioral health tenant also occupies 4400 E Evans Avenue in this portfolio and will vacate in July 2025. The tenant is open to a lease buyout.
4400 E Evans Avenue spans 5,133 square feet with a spacious 2,966-square-foot main floor and a 2,167-square-foot lower level/basement. It is currently used by the same behavioral health company that is leasing 2145 S Clermont Street in this portfolio. 4400 E Evans Avenue was previously a retail site before its current occupant, making this an excellent opportunity for consumer-facing users at the corner of Evans Avenue and Birch Street.
Outward growth has spilled into Southeast Denver recently, compounding upon the existing nearby traffic drivers, including the University of Denver. The excitement is palpable in the area as a new 350-unit luxury apartment complex was delivered in 2023 across from the University Hills properties. The Colorado Center, a mixed-use hub home to Fortune 500 office users, Dave & Busters, Regal Cinemas, and more, is two blocks away. Multiple restaurants and stores are in the immediate area to provide established traffic drivers. Transportation here is seamless with the Colorado Station light rail stop within walking distance and direct access to Interstate 25. This area tends to be highly affluent, with an average household income of $118,000 within a 3-mile radius, supporting consumer-based users, professional recruitment, and demand for potential redevelopments.
Jean Brauns
Colorado Health & Tech Centers
