Modernized Medical Office
For Sale
$3,750,000
20 W Dry Creek, Littleton, CO 80120
Vacant medical office property with direct-entry suites and on-site surface parking.
Property Size14,846 SF
Lot Size2.00 Acres
Price / SF$252.59
Days on Market238
Property Features for 20 W Dry Creek
General Information
Standard status
Active
Size
14,846 SF
Total Parking Spaces
60
Lot size
2.00 Acres
Property subtype
Commercial
Additional Details
Asking Price
$3,750,000
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$64,776
Building Details
Year Built
1999
Year Renovated
2022
Buildings
1
Building Size
14,846 SF
Owner Occupied
No
Listing Agency:
CBRE, INC.
Listed By:
COLTON REIMER · License #100090094
(970) 270-3752
Source:
Corcoran
Added: Mar 11
Changed: Oct 28
Last Checked: Nov 3 at 6:18AM
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, INC.
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Investment Insights
Based on property information with market context.
This 14,846-square-foot medical office building was constructed in 1999 and modernized through upgrades completed in 2022. The vacant property includes multiple suites with direct exterior access and is positioned on a two-acre site with 60 surface parking spaces, supporting owner-user occupancy and professional medical operations.
The property is located at 20 W Dry Creek in Littleton, near C-470, South Broadway, and Littleton Adventist Hospital. Its proximity to established healthcare facilities and major local routes provides convenient access for staff, patients, and visitors.
The property is located at 20 W Dry Creek in Littleton, near C-470, South Broadway, and Littleton Adventist Hospital. Its proximity to established healthcare facilities and major local routes provides convenient access for staff, patients, and visitors.
Key Highlights
- 14,846‑square‑foot medical office building on a two‑acre site
- Modernized with upgrades completed in 2022
- Vacant for owner‑user occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,019
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,480,380
$3.5M
Cap Rate 7%
$2,485,986
$2.5M
Cap Rate 9%
$1,933,544
$1.9M
Market Conditions
NOI Build-Up for 14,846 SF
Gross rent
$329.6K $22.20/SF
− Vacancy
−$39.5K −$2.66/SF
EGI
$290.0K $19.54/SF
− OpEx
−$116.0K −$7.81/SF
NOI
$174.0K $11.72/SF
Area
Arapahoe County, CO
Vacancy
12.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,480,380
Cap Rate 7%
$2,485,986
Cap Rate 9%
$1,933,544
Alternative Uses
Best Use
Healthcare Medical
$2.49M
$2.18M – $2.90M
NOI $174,019 @ 7.0% cap · market cap 4.64%
Second Best
Office B
$2.32M
$2.03M – $2.71M
NOI $162,352 @ 7.0% cap · market cap 4.33%
Theoretical Best
Multifamily LT 5
$220.42M
$192.86M – $257.15M
NOI $15,429,097 @ 7.0% cap · market cap 411.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,013
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80120, CO
29,445
Population
14,252
Households
2.1
Avg Household Size
42
Median Age
52%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,505
Density / Sq Mi
$91,162
Median Household Income
$52,849
Median Earnings
$1,607
Median Rent
$596,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Southwest Veterinary Hospital PC — 250 E Dry Creek Rd #106, Littleton, CO 80122
- Canino Vince M — 1415 e irish ln, centennial, co 80122
- The Rehab Vets — 20 W Dry Creek Cir, Littleton, CO 80120
Frequently Asked Questions
What type of property is this?
Medical Office Space - Vacant medical office property with direct-entry suites and on-site surface parking.
Where is this medical office space located?
The property is located at 20 W Dry Creek 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: 14,846‑square‑foot medical office building on a two‑acre site; Modernized with upgrades completed in 2022; Vacant for owner‑user occupancy
