Freestanding Veterinary
For Sale
Contact for pricing
5736 Ward Way, Arvada, CO 80002
Fully built-out veterinary facility with single-tenant configuration and medical-use improvements.
Property Size8,195 SF
Lot Size0.97 Acres
Price / SF$317.27
Days on Market131
Property Features for 5736 Ward Way
General Information
Standard status
Active
Size
8,195 SF
Lot size
0.97 Acres
Property subtype
Retail, Office, Special Purpose
Zoning
C1
Additional Details
Road Access
Yes
Building Details
Year Built
2002
Buildings
1
Tenancy
Single
Listing Agency:
Malman Real Estate
(720) 471-1763
Listed By:
Jake Malman · License #100099297
Source:
Crexi
Added: Apr 22
Changed: Aug 29
Last Checked: Aug 29 at 1:23PM
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 Malman Real Estate
Investment Insights
Based on property information with market context.
This freestanding hospital property contains 8,195 SF of space configured for veterinary operations. The building was completed in 2002 and includes substantial improvements tailored to veterinary use, creating a specialized facility that can support continued medical occupancy. Its single-tenant layout offers a dedicated operating environment within a standalone building.
The property occupies a 0.97-acre parcel at 5736 Ward Way in Arvada, within the Northwest Denver submarket. Visibility along Ward Road and traffic counts exceeding 30,000 vehicles per day provide a prominent roadside setting. The property is zoned C1 and includes on-site parking, supporting convenient access for staff and visitors.
The property occupies a 0.97-acre parcel at 5736 Ward Way in Arvada, within the Northwest Denver submarket. Visibility along Ward Road and traffic counts exceeding 30,000 vehicles per day provide a prominent roadside setting. The property is zoned C1 and includes on-site parking, supporting convenient access for staff and visitors.
Key Highlights
- 8,195 SF freestanding veterinary hospital
- 0.97‑acre parcel at 5736 Ward Way, Arvada, CO 80002
- Single‑tenant configuration with veterinary‑specific improvements
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
$116,828
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
4.49%
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%
$2,336,560
$2.3M
Cap Rate 7%
$1,668,971
$1.7M
Cap Rate 9%
$1,298,089
$1.3M
Market Conditions
NOI Build-Up for 8,195 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
$216.3K $26.40/SF
− Vacancy
−$21.6K −$2.64/SF
EGI
$194.7K $23.76/SF
− OpEx
−$77.9K −$9.50/SF
NOI
$116.8K $14.26/SF
Area
Arvada, CO
Vacancy
10.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
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%
$2,336,560
Cap Rate 7%
$1,668,971
Cap Rate 9%
$1,298,089
Alternative Uses
Best Use
Healthcare Medical
$1.67M
$1.46M – $1.95M
NOI $116,828 @ 7.0% cap · market cap 4.49%
Second Best
Office B
$1.60M
$1.40M – $1.87M
NOI $112,108 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,410 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hospital - Fully built-out veterinary facility with single-tenant configuration and medical-use improvements.
Where is this hospital located?
The property is located at 5736 Ward Way Arvada, CO.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 8,195 SF freestanding veterinary hospital; 0.97‑acre parcel at 5736 Ward Way, Arvada, CO 80002; Single‑tenant configuration with veterinary‑specific improvements
