Turnkey Medical Office
20 W Dry Creek Cir Littleton, CO 80120
20 W Dry Creek Cir, Littleton, CO, 80120
$3,750,000
For Sale
$3,750,000
Modernized medical office building in Littleton's healthcare corridor.
Property Size14,846 SF
Lot Size2.00 Acres
Price / SF$252.59
Days on Market90
Property Features for 20 W Dry Creek Cir
General Information
- Standard status
- Active
- Size
- 14,846 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1999
Listing agency
CBRE - Denver Downtown
(303) 628-1787
Listed by
Colton Reimer · License #100090094
(303) 628-1787
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:28PM Checked: Jul 21 at 6:57AM
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 CBRE - Denver Downtown
Investment Insights
Based on property information with market context.
This is a 14,846 square foot medical office building located in Littleton. The property was fully modernized in 2022 with $1.5 million in upgrades. Situated on a two-acre site, the building includes 60 surface parking spaces. The building offers multiple direct-entry suites. The property is located near C-470, South Broadway, and Littleton Adventist Hospital. The location offers high accessibility. The building is suitable for medical or professional users. The bike score is 44, indicating it is somewhat bikeable. The walk score is 54, indicating it is somewhat walkable. The transit score is 32, indicating some transit options are available. The property will be delivered vacant for immediate owner-user occupancy.
Key Highlights
- Turnkey 14,846 SF medical office building (MOB) delivered vacant for immediate owner‑user occupancy.
- $1.5M in 2022 upgrades; fully modernized.
- Located in Littleton’s premier healthcare corridor near C‑470, South Broadway, and Littleton Adventist Hospital.
Local 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 | $415.1k | $27.96 |
| − Vacancy | −$70.2k | −$4.73 |
| EGI | $344.9k | $23.23 |
| − OpEx | −$86.2k | −$5.81 |
| NOI | $258.7k | $17.43 |
14,846 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.70M
$3.23M – $4.31M
NOI $258,707 @ 7.0% cap · market cap 6.90%
Second Best
Healthcare Medical
$3.04M
$2.66M – $3.55M
NOI $213,062 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$5.10M
$4.46M – $5.95M
NOI $356,952 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Neurogenx NerveCenter of Littleton
Medical Clinic
Concentra clinic
Medical Clinic
Paradigm Clinical Research
Research Institute
Luna's Accounting & Tax
Accounting Firm
Colorado Primary Health ...
Physician
Similar For Sale Nearby
Similar Off Market Nearby
- Southwest Veterinary Hospital PC — 250 E Dry Creek Rd #106, Littleton, CO 80122
- The Rehab Vets — 20 W Dry Creek Cir, Littleton, CO 80120
FAQs
What type of property is this?
Medical Office Space - Modernized medical office building in Littleton's healthcare corridor.
Where is this medical office space located?
The property is located at 20 W Dry Creek Cir Littleton, CO.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Turnkey 14,846 SF medical office building (MOB) delivered vacant for immediate owner‑user occupancy.; $1.5M in 2022 upgrades; fully modernized.; Located in Littleton’s premier healthcare corridor near C‑470, South Broadway, and Littleton Adventist Hospital.
