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Medical Office Building For Sale

9299 S Broadway Highlands Ranch, CO 80129

9299 S Broadway, Highlands Ranch, CO, 80129
$2,700,000
For Sale
Claim this Listing
$2,700,000

Two-tenant medical office building in Highlands Ranch, Colorado.

Property Size5,984 SF
Price / SF$451.20
AddedNov 21, 2025
Days on Market236
Last RefreshMay 19 at 9:23 pm

Property Features for 9299 S Broadway

General Information

Standard status
Active
Size
5,984 SF
Property subtype
Office

Building Details

Year Built
2008

Listing office Pinnacle Real Estate Advisors

Listing date Nov 21, 2025

Source Pinnaclerea

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 Pinnacle Real Estate Advisors


Investment Insights

Based on property information with market context.

The property at 9299 S Broadway is a two-tenant medical office building with upgrades and finishes. Located in Highlands Ranch, Colorado, the area has an average household income exceeding $148,227 annually. The property is an outparcel of the Highlands Ranch Shopping Center, which includes retailers such as Home Depot, Michaels, and OfficeMax, along with other businesses. Family Dental occupies approximately one-third of the 5,984 square foot building and has been a tenant for over 10 years, recently renewing their lease in 2024. The property is suitable for an owner-user or investment opportunity, with existing income. The surrounding area of 9299 S Broadway is known for its business community and medical facilities, making it suitable for office and medical investors. The property has abundant parking and proximity to E-470. Family Dental has 5 years remaining on their initial lease term and is on a NNN lease, paying $58,848 in annual base rent. Approximately 4,000 square feet of primary care space will be available at the time of sale.

Key Highlights

  • High‑income area: Average household income exceeds $148,227 annually.
  • Excellent owner‑user or investment opportunity with in‑place income.
  • Anchored by national tenants like Home Depot, Michaels, and OfficeMax.

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 $121.4k $20.28
− Vacancy −$18.2k −$3.04
EGI $103.2k $17.24
− OpEx −$25.8k −$4.31
NOI $77.4k $12.93
5,984 SF · lease $20.28/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.11M
$967.1K – $1.29M (±1% cap)
NOI $77,364 @ 7.0% cap · market cap 2.87%
Second Best
Healthcare Medical
$1.06M
$931.5K – $1.24M (±1% cap)
NOI $74,519 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,581 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

(Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Fish Market Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Banfield Pet Hospital — 9265 S Broadway #300, Highlands Ranch, CO 80129
  • Annies Animal Clinic — Highlands Ranch, CO 80129
  • MySimpletPetExpress Walk-In Vet Care Highlands Ranch — 9291 S Broadway, Highlands Ranch, CO 80129
  • Chewy Vet Care Highlands Ranch — 9325 Dorchester St S 128, Highlands Ranch, CO 80129
  • Vetco Total Care Animal Hospital — 1265 Sergeant Jon Stiles Dr F, Highlands Ranch, CO 80129

FAQs

What type of property is this?
Medical Office Space - Two-tenant medical office building in Highlands Ranch, Colorado.
Where is this medical office space located?
The property is located at 9299 S Broadway Highlands Ranch, CO.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: High‑income area: Average household income exceeds $148,227 annually.; Excellent owner‑user or investment opportunity with in‑place income.; Anchored by national tenants like Home Depot, Michaels, and OfficeMax.
Contact an agent
More about this property
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