2230 Fraser St 61 Aurora, CO 80014-4535
Exceptional investment opportunity: a 3,040 square foot medical office condo in Aurora, Colorado, boasting a 6.16% cap rate. This single-tenant property is situated at 2230 S Fraser St, 80014, within the Fraser Business Park. The building, constructed in 2007, is a Class B, single-story structure with two units, zoned MU-C. The property features a gross lease with a credit-rated tenant, Optum/UnitedHealth, under a five-year lease commencing October 1, 2024, and expiring September 30, 2029. The asking price is $799,000, translating to $262.83 per square foot. This represents a secure investment with a national credit tenant, offering a stable income stream and significant potential for long-term growth. The property's strong tenant and favorable lease terms make it an attractive addition to any portfolio. The lease includes three options for renewal. This is a rare opportunity to acquire a high-quality medical office condo in a desirable location with a financially robust tenant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.