Medical Office
5640 County Line Place, Highlands Ranch, CO 80126
For Sale
Contact for pricing
Former hospital space is available for lease in an area with substantial retail and service activity.
Property Size18,629 SF
Price / SF$230.82
Days on Market21
Property Features for 5640 County Line Place
General Information
Standard status
Size
Property subtype
Listing Agency:
Weststar Commercial
Listed By:
Lev Cohen · License CO FA.100032893
(720) 232-4118
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 2:49PM
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 Weststar Commercial
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Investment Insights
Based on property information with market context.
A 15,074-square-foot space formerly used as a hospital is available for lease at 5640 County Line Place. The 18,629-square-foot building is offered for sale and includes income.
The property is in Highlands Ranch, within an area characterized by retail and service businesses and near Park Meadows shopping center.
The property is in Highlands Ranch, within an area characterized by retail and service businesses and near Park Meadows shopping center.
Key Highlights
- 15,074‑square‑foot former hospital space available for lease
- 18,629‑square‑foot building offered for sale with income
- Located near Park Meadows shopping center in Highlands Ranch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,845
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,816,900
$4.8M
Cap Rate 7%
$3,440,643
$3.4M
Cap Rate 9%
$2,676,056
$2.7M
Market Conditions
NOI Build-Up for 18,629 SF
Gross rent
$377.8K $20.28/SF
− Vacancy
−$56.7K −$3.04/SF
EGI
$321.1K $17.24/SF
− OpEx
−$80.3K −$4.31/SF
NOI
$240.8K $12.93/SF
Area
Highlands Ranch, CO
Vacancy
15.00%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,816,900
Cap Rate 7%
$3,440,643
Cap Rate 9%
$2,676,056
Alternative Uses
Best Use
Office B
$3.44M
$3.01M – $4.01M
NOI $240,845 @ 7.0% cap · market cap 5.60%
Second Best
Healthcare Medical
$3.31M
$2.90M – $3.87M
NOI $231,989 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$5.05M
$4.42M – $5.89M
NOI $353,592 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 80126, CO
44,221
Population
16,304
Households
2.7
Avg Household Size
40
Median Age
69%
College-Educated
99%
High-School Grad
10.8 sq mi
ZIP Area
4,095
Density / Sq Mi
$166,501
Median Household Income
$71,711
Median Earnings
$2,379
Median Rent
$713,500
Median Home Value
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Market
Properties on Market for Medical Office Space in Douglas County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- VCA Highlands Ranch Animal Specialty & Emergency Center — 5640 County Line Pl, Highlands Ranch, CO 80126
- Emergency Animal Hospital — 5640 County Line Pl, Littleton, CO 80126
- Jeff Longley DVM — 5790 E County Line Rd, Highlands Ranch, CO 80126
- VCA Mountainview Animal Hospital & Pet Lodge — 5790 County Line Pl, Highlands Ranch, CO 80126
- Companion Animal Veterinary Hospital — 8205 S Holly St, Centennial, CO 80122
Frequently Asked Questions
What type of property is this?
Medical Office Space - Former hospital space is available for lease in an area with substantial retail and service activity.
Where is this medical office space located?
The property is located at 5640 County Line Place Highlands Ranch, CO.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 15,074‑square‑foot former hospital space available for lease; 18,629‑square‑foot building offered for sale with income; Located near Park Meadows shopping center in Highlands Ranch
