Medical Office Building with
9025 Grant Street Thornton, CO
New
9025 Grant Street, Thornton, CO, 00000
$4,590,000
For Sale
$4,590,000
Fully leased medical office building with two healthcare providers, including a long-term sale-leaseback arrangement for the second floor.
Property Size16,756 SF
Price / SF$273.93
Days on Market5
Property Features for 9025 Grant Street
General Information
- Standard status
- Active
- Size
- 16,756 SF
- Property subtype
- Medical Office
Listing Agency
(715) 512-0265
Listed by
Brandon Langiewicz, SIOR
(715) 512-0265
Source
Hoffleigh
Added: Jul 15 Checked: Jul 18 at 2:36 am
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 Brandon Langiewicz, SIOR
Investment Insights
Based on property information with market context.
The Grant Street Medical Pavilion is a medical office building totaling 16,756 SF, fully leased to two established healthcare providers. The current owner occupies the entire second floor under a long-term sale-leaseback arrangement, supporting ongoing in-place tenancy across the property.
The offering is positioned within Thornton, Colorado’s North Denver healthcare corridor, per the public remarks. Planned capital improvements referenced in the materials include an elevator modernization proposal and a common-area refresh intended to improve building functionality, reliability, and the tenant/patient experience.
As presented in the public remarks, the investment is described as providing stabilized medical office income with reduced near-term capital uncertainty as major building improvements are addressed ahead of the sale.
The offering is positioned within Thornton, Colorado’s North Denver healthcare corridor, per the public remarks. Planned capital improvements referenced in the materials include an elevator modernization proposal and a common-area refresh intended to improve building functionality, reliability, and the tenant/patient experience.
As presented in the public remarks, the investment is described as providing stabilized medical office income with reduced near-term capital uncertainty as major building improvements are addressed ahead of the sale.
Key Highlights
- 16,756 SF medical office building at 9025 Grant Street in Thornton, CO
- Fully leased to two established healthcare providers
- Sale‑leaseback: current owner occupies the entire second floor
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 | $442.4k | $26.40 |
| − Vacancy | −$110.6k | −$6.60 |
| EGI | $331.8k | $19.80 |
| − OpEx | −$82.9k | −$4.95 |
| NOI | $248.8k | $14.85 |
16,756 SF · lease $26.40/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.55M
$3.11M – $4.15M
NOI $248,827 @ 7.0% cap · market cap 5.42%
Second Best
Healthcare Medical
$3.29M
$2.88M – $3.84M
NOI $230,549 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$5.02M
$4.39M – $5.86M
NOI $351,313 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Fully leased medical office building with two healthcare providers, including a long-term sale-leaseback arrangement for the second floor.
Where is this medical office space located?
The property is located at 9025 Grant Street Thornton, CO.
What is the asking price?
The asking price for this property is $4,590,000.
What are key features of this property?
This property features: 16,756 SF medical office building at 9025 Grant Street in Thornton, CO; Fully leased to two established healthcare providers; Sale‑leaseback: current owner occupies the entire second floor
