Medical Office Condominium
2761 W 120th Ave Suite J120 Westminster, CO 80234
2761 W 120th Ave Suite J120, Westminster, CO, 80234
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For Sale
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Suite J120 includes reception, multiple treatment rooms/offices, a large open multi-use area, and a kitchenette with dedicated storage.
Property Size1,562 SF
Price / SF$348.85
Days on Market51
Property Features for 2761 W 120th Ave Suite J120
General Information
- Standard status
- Active
- Size
- 1,562 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agency
Keller Williams Preferred Realty Westminster
(303) 469-8821
Listed by
Eric Fritzke · License #CO FA.040009645
Source
Crexi
Added: Jun 2 Updated: Jul 21 at 11:11PM Checked: Jul 21 at 11:11PM
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 Keller Williams Preferred Realty Westminster
Investment Insights
Based on property information with market context.
This Class B professional office condominium suite within the Country Club Village Office Condominium Association offers a highly functional layout with abundant natural light. The suite is designed with an inviting reception and waiting area, along with three treatment rooms sized 10’ x 9’. Additional treatment rooms or offices are also included, sized 14’ x 10’, 12’ x 10’, 11’ x 8’, and 12’ x 8’. A large open multi-use space supports needs such as training, collaboration, or additional workstations. The suite also includes a kitchenette and dedicated storage.
The property is positioned in a proven multi-tenant environment serving both professional and medical users, with convenient access to retail, dining, and major transportation corridors.
The property is positioned in a proven multi-tenant environment serving both professional and medical users, with convenient access to retail, dining, and major transportation corridors.
Key Highlights
- Year built 2006: Class B professional office condominium in a multi‑tenant Country Club Village Office Condominium Association
- Suite J120 includes a reception and waiting area plus a kitchenette with dedicated storage
- 3 treatment rooms sized 10’ x 9’ for offices or private treatment use
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 | $40.7k | $26.04 |
| − Vacancy | −$10.1k | −$6.46 |
| EGI | $30.6k | $19.58 |
| − OpEx | −$7.6k | −$4.90 |
| NOI | $22.9k | $14.69 |
1,562 SF · lease $26.04/SF/yr · vacancy 24.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$327.7K
$286.8K – $382.3K
NOI $22,940 @ 7.0% cap · market cap 4.21%
Second Best
Healthcare Medical
$323.5K
$283.1K – $377.5K
NOI $22,647 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$456.6K
$399.5K – $532.7K
NOI $31,959 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vonachen & associates CPA, ...
Accounting Firm
Dr. Nino D. ...
Dental Office
Dr. Jonathan Bean
Dental Office
Dr. Michael C. ...
Physician
BOK Financial Mortgage
Loan Service
Similar For Sale Nearby
Similar Off Market Nearby
- Paws and Claws Veterinary Clinic — 2721 W 120th Ave, Westminster, CO 80234
- Broomfield Veterinary Hospital — 12621 Lowell Blvd, Broomfield, CO 80020
FAQs
What type of property is this?
Medical Office Space - Suite J120 includes reception, multiple treatment rooms/offices, a large open multi-use area, and a kitchenette with dedicated storage.
Where is this medical office space located?
The property is located at 2761 W 120th Ave Suite J120 Westminster, CO.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Year built 2006: Class B professional office condominium in a multi‑tenant Country Club Village Office Condominium Association; Suite J120 includes a reception and waiting area plus a kitchenette with dedicated storage; 3 treatment rooms sized 10’ x 9’ for offices or private treatment use
