Broomfield Medical/Office Space
1022 Depot Hill Rd Broomfield, CO 80020
For Sale
Contact for pricing
Pending
Medical/office space in Broomfield, Colorado, with ample parking.
Property Size8,128 SF
Days on Market834
Property Features for 1022 Depot Hill Rd
General Information
Standard status
Pending
Size
8,128 SF
Property subtype
Office
Listing Agency:
The Colorado Group, Inc.
(303) 478-1833
Listed By:
Jessica Cashmore · License #CO FA100036572
Source:
Crexi
Added: Apr 17, 2024
Changed: Jul 10
Last Checked: Jul 29 at 11:18AM
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 The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
Located in Broomfield, Colorado, this property offers up to 8,128 square feet of medical or office space. The location provides accessibility along the Boulder/Denver Corridor. The property includes ample parking. Suite 200 features 4,064 square feet of fully built-out medical office space, including 11 exam rooms with sinks, a reception and waiting area, a nurses' station, and multiple restrooms. Suite 100 offers between 150 and 4,064 square feet of general and executive offices.
Key Highlights
- Up to 8,128 SF of medical / office space in Broomfield, Colorado.
- Suite 200 (4,064 SF) features a fully built out medical office finish with 11 exam rooms with sinks.
- Ideal location along the Denver/Boulder Corridor.
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 | $164.8k | $20.28 |
| − Vacancy | −$18.8k | −$2.31 |
| EGI | $146.0k | $17.97 |
| − OpEx | −$36.5k | −$4.49 |
| NOI | $109.5k | $13.48 |
8,128 SF · lease $20.28/SF/yr · vacancy 11.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.83M
NOI $109,533 @ 7.0% cap · market cap 7.88%
Second Best
Healthcare Medical
$1.56M
$1.37M – $1.82M
NOI $109,404 @ 7.0% cap · market cap 7.87%
Theoretical Best
Multifamily LT 5
$18.09M
$15.83M – $21.10M
NOI $1,266,142 @ 7.0% cap · market cap 91.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Broadlands Veterinary Clinic — 3800 W 144th Ave ste a-1000, Broomfield, CO 80023
- Broomfield Meadows Animal Hospital — 13606 Xavier Ln, Broomfield, CO 80023
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical/office space in Broomfield, Colorado, with ample parking.
Where is this medical office space located?
The property is located at 1022 Depot Hill Rd Broomfield, CO.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Up to 8,128 SF of medical / office space in Broomfield, Colorado.; Suite 200 (4,064 SF) features a fully built out medical office finish with **11 exam rooms with sinks**.; Ideal location along the Denver/Boulder Corridor.
