Ground-Floor Medical
2373 N Central Park Blvd. Suite 102, Denver, CO 80238
For Sale
Contact for pricing
Finished clinical space includes exam rooms, reception, waiting, and an optical retail area.
Property Size3,057 SF
Price / SF$407.92
Days on Market37
Property Features for 2373 N Central Park Blvd. Suite 102
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Site & Location
Neighborhood
Additional Details
Asking Price
Office Units
Property Use
Medical Specialty
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Denver Downtown
Listed By:
Colton Reimer · License CO #100090094
(303) 628-1787
Source:
Crexi
Added: Oct 5
Changed: Nov 9
Last Checked: Nov 10 at 7:02AM
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
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Investment Insights
Based on property information with market context.
The ground-floor medical condominium contains approximately 3,057 gross square feet and is vacant at closing. Its existing clinical layout includes three exam rooms, reception and waiting areas, a work room, private office, and break room. A street-facing optical retail area features exposed steel and pendant lighting. Select furniture and fixtures may be included in the sale.
The property is at 2373 N Central Park Blvd., Suite 102, in Denver’s Central Park neighborhood. Medical and dental practices occupy upper floors of the building, while a restaurant with a patio is located in ground-floor space.
The property is at 2373 N Central Park Blvd., Suite 102, in Denver’s Central Park neighborhood. Medical and dental practices occupy upper floors of the building, while a restaurant with a patio is located in ground-floor space.
Key Highlights
- Approximately 3,057 gross square feet of medical condominium space
- Three exam rooms within the existing clinical layout
- Street‑facing optical retail area with exposed steel and pendant lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,791
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,820
$895.8K
Cap Rate 7%
$639,871
$639.9K
Cap Rate 9%
$497,678
$497.7K
Market Conditions
NOI Build-Up for 3,057 SF
Gross rent
$80.7K $26.40/SF
− Vacancy
−$21.0K −$6.86/SF
EGI
$59.7K $19.54/SF
− OpEx
−$14.9K −$4.88/SF
NOI
$44.8K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$895,820
Cap Rate 7%
$639,871
Cap Rate 9%
$497,678
Alternative Uses
Best Use
Office B
$639.9K
$559.9K – $746.5K
NOI $44,791 @ 7.0% cap · market cap 3.59%
Second Best
Healthcare Medical
$578.6K
$506.2K – $675.0K
NOI $40,499 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$973.2K
$851.5K – $1.14M
NOI $68,121 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
878
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 80238, CO
28,937
Population
11,741
Households
2.5
Avg Household Size
34
Median Age
77%
College-Educated
100%
High-School Grad
6.8 sq mi
ZIP Area
4,255
Density / Sq Mi
$166,191
Median Household Income
$90,306
Median Earnings
$2,071
Median Rent
$806,400
Median Home Value
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Market
Properties on Market for Medical Office Space in Denver
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Finished clinical space includes exam rooms, reception, waiting, and an optical retail area.
Where is this medical office space located?
The property is located at 2373 N Central Park Blvd. Suite 102 Denver, CO.
What is the asking price?
The asking price for this property is $1,247,000.
What are key features of this property?
This property features: Approximately 3,057 gross square feet of medical condominium space; Three exam rooms within the existing clinical layout; Street‑facing optical retail area with exposed steel and pendant lighting
