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Medical Office Building
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2230 S Fraser St, Aurora, CO 80014

Medical office building for sale featuring a national credit tenant affiliated with United Health.

Property Size3,040 SF
Price / SF$230.26
Days on Market296

Property Features for 2230 S Fraser St

General Information

Standard status Active
Size 3,040 SF
Property subtype OFFICE

Site & Location

Neighborhood Dam East Dam West
Listing Agency: Apex Real Estate Advisors
Listed By: Jeremiah Maupin · License #ER.040039836
Source: Moodyscre
Added: Jan 2 Changed: Oct 9 Last Checked: Oct 24 at 4:57PM

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 Apex Real Estate Advisors

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Investment Insights

Based on property information with market context.

This medical office building offers a total size of 3,040 square feet and is available for sale. The property is described as having a national credit tenant.

According to the remarks, the tenant is affiliated with United Health (NYSE: UNH), the parent company of New West Physicians and Optum Health. The property is located at 2230 S Fraser St in Aurora, CO 80014.

Key Highlights

  • Medical office building for sale
  • National credit tenant affiliated with United Health
  • Tenant includes the parent company of New West Physicians and Optum Health

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,857
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,140 $857.1K
Cap Rate 7%
$612,243 $612.2K
Cap Rate 9%
$476,189 $476.2K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$80.3K $26.40/SF
− Vacancy
−$8.8K −$2.90/SF
EGI
$71.4K $23.50/SF
− OpEx
−$28.6K −$9.40/SF
NOI
$42.9K $14.10/SF
Area
Aurora, CO
Vacancy
11.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,140
Cap Rate 7%
$612,243
Cap Rate 9%
$476,189

Alternative Uses

Best Use
Healthcare Medical
$612.2K
$535.7K – $714.3K (±1% cap)
NOI $42,857 @ 7.0% cap · market cap 6.12%
Second Best
Office B
$548.8K
$480.2K – $640.2K (±1% cap)
NOI $38,413 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$849.5K
$743.3K – $991.0K (±1% cap)
NOI $59,462 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

842
Businesses Nearby
Under-served
Demand for This Use

Demographics for 80014, CO

41,711
Population
19,903
Households
2.1
Avg Household Size
40
Median Age
44%
College-Educated
93%
High-School Grad
7.2 sq mi
ZIP Area
5,793
Density / Sq Mi
$72,561
Median Household Income
$47,950
Median Earnings
$1,800
Median Rent
$386,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building for sale featuring a national credit tenant affiliated with United Health.
Where is this medical office space located?
The property is located at 2230 S Fraser St Aurora, CO.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Medical office building for sale; National credit tenant affiliated with United Health; Tenant includes the parent company of New West Physicians and Optum Health
(303) 819-9135 Call to check price and availability
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