Property profile

4999 E Kentucky Ave Denver, CO 80246

FOR LEASE
Medical Office Space
Property ID
US13-2484023
19,073 SF 0.89 ac lot Built 1985
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,800 square foot medical office space is available for lease at 4999 E Kentucky Ave, Denver, CO 80246. Located in the Glendale submarket of Denver County, this space is situated within a larger, two-story Class B medical office building totaling 18,252 square feet. The unit boasts a full west-facing wall of windows, providing abundant natural light. The building features a convenient location with easy access and ample on-site parking for employees and visitors. The space is currently in gray shell condition, offering flexibility for tenant build-out. The building itself presents a professional image, with a stucco exterior and a peaceful, well-maintained foyer. The building is multi-tenant and includes elevators. This prime location in the thriving Glendale submarket offers excellent visibility and accessibility. The space is ideal for a variety of medical practices seeking a modern, well-appointed office in a desirable Denver location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Construction WOOD
Total area 19,073 SF
Lot 0.89 ac (38,976 SF)
Zoning code S-MX-3
APN 06184-00-016-000
UPID US13-2484023

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Physician
  • Pediatrician Physician
  • Ophthalmologist
  • Physician

Location

4999 E Kentucky Ave Denver, CO 80246
Denver metro Census 15300 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.60M

Owner & transaction history

since 2017
5 recorded transactions
2019
Price N/A
2017
$4.8M
2015
$4.6M
2008
$3.6M
1969
Price N/A

Zoning & alternative use

S-MX-3 · Denver, CO
Zoning description

D. Mixed Use - 3 (S-MX-3) S-MX-3 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 3 stories is desired. e. Mixed Use - 3A (S-MX-3A) S-MX-3A applies to areas…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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