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    Broomfield Medical/Office Space Available Title is generated by Realmo AI

    1022 Depot Hill Rd, Broomfield, CO 80020

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    Medical/office space in Broomfield, Colorado, with ample parking.

    Type:Office
    Property size:
    8,128 SF
    Price / SF:
    $171/SF
    Added:
    Apr 17, 2024
    Days on Market:
    789
    Last Refresh:
    May 12 at 8:49 pm

    Property Features for 1022 Depot Hill Rd

    General Information

    Standard status
    Active
    Size
    8,128 SF
    Property subtype
    Office

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    Listing Contact
    Jessica Cashmore

    Listing agent Jessica Cashmore License #CO FA100036572

    Listing office The Colorado Group, Inc.

    Listing date Apr 17, 2024

    Source Crexi

    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.

    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.
    • Ample parking.
    • Suite 100 offers 150‑4,064 SF of general & executive offices.
    • Suite 200 includes a reception and waiting area, nurses' station, and multiple restrooms.

    Overview

    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.

    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 $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 (±1% cap)
    NOI $109,533 @ 7.0% cap · market cap 7.88%
    Second Best
    Healthcare Medical
    $1.56M
    $1.37M – $1.82M (±1% cap)
    NOI $109,404 @ 7.0% cap · market cap 7.87%
    Theoretical Best
    Multifamily LT 5
    $18.09M
    $15.83M – $21.10M (±1% cap)
    NOI $1,266,142 @ 7.0% cap · market cap 91.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

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    • Laurel Veterinary Clinic — 1480 W Midway Blvd, Broomfield, CO 80020
    • The Animal Doctor of Broomfield — 1705 W 10th Ave, Broomfield, CO 80020
    • Well Animal Institute — 80 Garden Center, Broomfield, CO 80020

    Location Insight

    • Map
    • Local Demand
    City
    Broomfield
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.045
    Latitude
    39.951

    FAQs

    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.
    More about this property
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