Medical Office
For Sale
$3,750,000
455 S Hudson Street, Denver, CO 80246
Furnished dental office with three active leases supports immediate medical-office operations.
Property Size17,702 SF
Days on Market142
Property Features for 455 S Hudson Street
General Information
Standard status
Active
Size
17,702 SF
Class
C
Property subtype
Office
Additional Details
Furnished
Yes
Building Details
Building Size
17,702 SF
Tenancy
Multi
Listing Agency:
NavPoint Real Estate Group
(303) 321-5888
Listed By:
Marc S. Lippitt · License #FA.100011543
Source:
Uniqueprop
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 1:24PM
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 NavPoint Real Estate Group
Investment Insights
Based on property information with market context.
This medical office building includes an operational dental-office buildout with furnishings in place, allowing the space to support continued dental use without starting from an empty shell. The property also has three active leases, providing an established occupancy component.
Located at 455 S Hudson St in Denver, Colorado, the building is positioned within the 80246 ZIP code. The available facts identify the property as a medical office asset with an existing dental configuration and leased occupancy.
Located at 455 S Hudson St in Denver, Colorado, the building is positioned within the 80246 ZIP code. The available facts identify the property as a medical office asset with an existing dental configuration and leased occupancy.
Key Highlights
- Furnished dental‑office buildout included
- Three active leases in place
- Located at 455 S Hudson St, Denver, CO 80246
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$259,370
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,187,400
$5.2M
Cap Rate 7%
$3,705,286
$3.7M
Cap Rate 9%
$2,881,889
$2.9M
Market Conditions
NOI Build-Up for 17,702 SF
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.
Gross rent
$467.3K $26.40/SF
− Vacancy
−$121.5K −$6.86/SF
EGI
$345.8K $19.54/SF
− OpEx
−$86.5K −$4.88/SF
NOI
$259.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,187,400
Cap Rate 7%
$3,705,286
Cap Rate 9%
$2,881,889
Alternative Uses
Best Use
Office B
$3.71M
$3.24M – $4.32M
NOI $259,370 @ 7.0% cap · market cap 6.92%
Second Best
Healthcare Medical
$3.35M
$2.93M – $3.91M
NOI $234,516 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$5.64M
$4.93M – $6.57M
NOI $394,463 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,793
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80246, CO
13,265
Population
8,148
Households
1.6
Avg Household Size
32
Median Age
59%
College-Educated
96%
High-School Grad
1.7 sq mi
ZIP Area
7,803
Density / Sq Mi
$66,503
Median Household Income
$47,870
Median Earnings
$1,661
Median Rent
$659,700
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Furnished dental office with three active leases supports immediate medical-office operations.
Where is this medical office space located?
The property is located at 455 S Hudson Street Denver, 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: Furnished dental‑office buildout included; Three active leases in place; Located at 455 S Hudson St, Denver, CO 80246
