4495 Hale Pkwy Denver, CO 80220-6210
This exceptional four-story, 24,904 square foot Class B office building is situated on a prime 0.74-acre lot in Denver, Colorado. Located at 4495 E. Hale Parkway, this multi-tenant property boasts 97.4% occupancy and features a mix of medical and traditional office spaces. Built in 1969, the building has undergone significant recent improvements, including a new elevator, updated LED lighting, and substantial renovations to the multi-level parking garage. The property is zoned H-1-A, offering redevelopment potential. The asking price is $5,950,000, translating to $238.92 per square foot. This owner-user investment opportunity benefits from its convenient location near Rose Medical Center, Lindsley Park, and Colorado Boulevard. Many tenants have occupied the building for decades, with several on short-term leases. The property has been under the same family ownership for nearly 25 years, demonstrating its long-term stability and consistent maintenance. This presents a unique chance to acquire a well-maintained, high-occupancy asset in a desirable Denver location with significant upside potential. The gross lease structure simplifies management, and the property's history of successful tenancy speaks to its enduring appeal. The substantial parking garage adds significant value to this already attractive investment.
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Karen H. Lyda DNP Crisis Center Medical Clinic
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Wiepking Therapy Inc. Counselor
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Brianna Pagliarini Physician
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Balance Point Health Alternative Medicine Practice
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The With Project Counselor Mental Health Service
This district is intended to promote and encourage the maintenance and concentration of existing and proposed healthcare facilities and their related uses. The districts are intended to include primarily the principal structures and related facilities of each healthcare institution.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
H-1-A · Denver, COThis district is intended to promote and encourage the maintenance and concentration of existing and proposed healthcare facilities and their related uses. The districts are intended to include primarily the principal structures and related facilities of each healthcare institution.
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.