Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10168 Parkglenn Way Parker, CO

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two-story medical office building in Parker, Colorado with ample parking.

    Type:OFFICE
    Property size:
    20,078 SF
    Lot size:
    1.36 Acres
    Added:
    Nov 1, 2024
    Days on Market:
    546
    Last Refresh:
    Apr 5 at 8:21 pm

    Property Features for 10168 Parkglenn Way

    General Information

    Standard status
    Active
    Size
    20,078 SF
    Lot size
    1.36 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 10168 Parkglenn Way Contact us

    We can help!

    Listing Contact
    John Witt
    John Witt

    Listing agent John Witt License #ER.100037978

    Listing office Quiver Investments, LLC

    Listing date Nov 1, 2024

    Source Moodyscre

    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

    Overview

    Parker Medical Office Building For Sale

    The property at 10168 Parkglenn Way in Parker, Colorado, is a medical office building with approximately 20,078 rentable square feet including the basement. Situated at the northeast corner of Parker Road and Hess Road, it offers both ownership and leasing opportunities for medical practices in the Parker submarket. The two-story building features an attractive stucco and stone facade and provides ample parking with 98 spaces, a ratio of 6.46 spaces per 1,000 rentable square feet.

    The Town of Parker is a suburban community located 25 minutes south of Denver. It offers an active lifestyle with 250 acres of parks, 30 miles of developed trails, and convenient access to outdoor activities. Parker is located 25 miles from Denver International Airport and less than 5 miles from Centennial Airport. It also provides easy 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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pharmacy | Kaiser Permanente ... Pharmacy Scott Anthony Isbell, ... Pediatrician Steven Brett Wolkenberg, ... Pediatrician Carly Greene Physician Anne Heenan, MD ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Douglas
    State
    Colorado
    Longitude
    -104.765
    Latitude
    39.5342

    Nearby Similar for Lease

    • $24 SF/Yr

      Parker Road Mixed-Use Building

      Mixed-use building with high visibility and abundant parking.
      Parker, CO 80138
      View Details
    • Sponsored
      Contact for pricing

      High Pointe on Parker

      10233 Parker Rd, Unit 300, Parker, CO 80134
      View Details
    • $15 SF/Yr

      Parker Office Space with Balcony

      Spacious office suite with mountain views and elevator access.
      18551 Mainstreet, Parker, CO
      View Details
    • $20 SF/Yr

      Retail Space in Parker

      Retail space available in Parker, CO, starting October 2025.
      10510 Dransfeldt Rd, Parker, CO
      View Details
    • $32 SF/Yr

      Parker Retail/Medical Office Space

      Built-out chiropractic office in vibrant Parker neighborhood center.
      19539 Hess Rd, Parker, CO
      View Details
    • $28 SF/Yr

      Parker Retail/Medical End Cap Space

      End cap retail or medical space with existing dental office.
      11183 S Parker Rd, Parker, CO
      View Details
    • $40 SF/Yr

      Restaurant Space in Parker Center

      Fully built-out restaurant space in high-traffic Parker location.
      11211 Dransfeldt Rd, Parker, CO
      View Details
    • $12 SF/Yr

      Parker Warehouse with Modern Office

      New construction warehouse with modern office space available for lease.
      14820 Compark Boulevard, Parker, CO
      View Details
    • $11 SF/Yr

      Highway Frontage Industrial Sublease

      High image industrial space available for sublease until 2029.
      15690 Parkerhouse Rd, Parker, CO
      View Details
    • $29 SF/Yr

      Move-In Ready Medical/Office Space

      Available medical/office space near Parker Adventist and Children’s Hospital.
      19284 Cottonwood Dr, Parker, CO
      View Details
    • $26 SF/Yr

      Industrial Flex Space For Rent

      800 SF flex space available for lease.
      10204-10246 Progress Ln, Parker, CO
      View Details
    • Contact for pricing

      Turn-Key Dental Suite Available

      Class A dental suite for lease near I-25 & Lincoln.
      11949 Lioness Way, Parker, CO
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Two-story medical office building in Parker, Colorado with ample parking.
    Where is this medical office space located?
    The property is located at 10168 Parkglenn Way Parker, CO.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Medical office building with ownership or leasing opportunity.; Ample parking: **6.46 spaces per 1,000 RSF (98 spaces).**; Prime location at the NE corner of Parker Road and Hess Road.
    (303) 748-8390 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Witt
    John Witt
    Real Estate License ID: ER.100037978
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!