Parker Medical Office Building
10168 Parkglenn Way Parker, CO 80138
For Sale
Contact for pricing
20,078 RSF medical office building in Parker, Colorado.
Property Size20,078 SF
Price / SF$241.66
Days on Market1044
Property Features for 10168 Parkglenn Way
General Information
Standard status
Active
Size
20,078 SF
Property subtype
Office
Building Details
Year Built
2009
Listing Agency:
Quiver Investments, LLC
(303) 748-8390
Listed By:
Ben Swanson · License #Colorado: FA.100087910
Source:
Crexi
Added: Sep 21, 2023
Changed: Jul 6
Last Checked: Jul 29 at 1:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Quiver Investments, LLC
Investment Insights
Based on property information with market context.
The property at 10168 Parkglenn Way in Parker, CO, is a 20,078 RSF medical office building that includes a basement. Previously leased by Kaiser Permanente, who relocated in October 2025, the building presents an opportunity for an owner-user or investor. The building can accommodate a single or multi-tenant layout. The property features 98 parking spaces, resulting in a parking ratio of 6.46 per 1,000 RSF. The building has a stucco and stone facade across the entire 2-story structure. Located 25 minutes south of Denver, the Town of Parker provides access to 250 acres of parks and 30 miles of developed trails. Parker is 25 miles from Denver International Airport and less than 5 miles from Centennial Airport. The property offers convenient access to E-470 and I-25. Several Fortune 500 companies are located within 10 miles of Parker, including Arrow Electronics, Newmont Group, and Western Union.
Key Highlights
- Fully functional, vacant medical office building suitable for single or multi‑tenant use.
- Excellent parking ratio of 6.46 per 1,000 RSF (98 spaces).
- Prime location in Parker, CO, a vibrant suburban community 25 minutes south of Denver.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $561.4k | $27.96 |
| − Vacancy | −$94.9k | −$4.73 |
| EGI | $466.5k | $23.23 |
| − OpEx | −$116.6k | −$5.81 |
| NOI | $349.9k | $17.43 |
20,078 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.00M
$4.37M – $5.83M
NOI $349,881 @ 7.0% cap · market cap 7.21%
Second Best
Healthcare Medical
$4.12M
$3.60M – $4.80M
NOI $288,149 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$6.90M
$6.03M – $8.05M
NOI $482,749 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Parker Animal Hospital — 10225 S Parker Rd, Parker, CO 80134
- Inspire Animal Hospital — 9855 S Parker Rd, Parker, CO 80134
- H&C Animal Health — 18403 Longs Way #102, Parker, CO 80134
- Hayes Julie DVM — 10225 S Parker Rd, Parker, CO 80134
- Allen Christopher DVM — 11701 N Hwy 83, Parker, CO 80134, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - 20,078 RSF medical office building in Parker, Colorado.
Where is this medical office space located?
The property is located at 10168 Parkglenn Way Parker, CO.
What is the asking price?
The asking price for this property is $4,852,000.
What are key features of this property?
This property features: Fully functional, vacant medical office building suitable for single or multi‑tenant use.; Excellent parking ratio of 6.46 per 1,000 RSF (98 spaces).; Prime location in Parker, CO, a vibrant suburban community 25 minutes south of Denver.
