5265 Vance St Arvada, CO 80002-3714

Property Details for 5265 Vance St

Year built

1986

Construction

STEEL FRAME

Lot size

1.00 lot acres

Property size

16,262 SF

Property type

Medical offices

Property subtype

Medical centers

APN

39-141-14-003

APU

3914114003

Description

This exceptional investment opportunity presents a fee-simple interest in a 16,280-square-foot medical office building in Arvada, Colorado. The property is 100% occupied by Innovative Renal Care under a 10-year absolute NNN lease (expiring June 30, 2033), providing a stable and predictable income stream. The lease includes a 2% annual rent increase, ensuring consistent growth in net operating income (NOI). The building, constructed in 1986 and renovated in 2007, sits on a 43,604-square-foot lot (approximately one acre) at 5265 Vance St, Arvada, CO 80002. Its prime location near the intersection of Wadsworth Boulevard and West 52nd Avenue offers high visibility and accessibility within a densely populated area. The tenant, Innovative Renal Care, is a reputable provider of dialysis services, providing a strong credit tenant with a corporate guarantee. The property's current annual NOI is $398,534. This investment offers a compelling combination of stability, growth potential, and minimal landlord responsibilities, making it an attractive addition to any portfolio seeking long-term, reliable returns. The lease commenced July 1, 2023, leaving nine years remaining. The property benefits from a strong demographic profile, with over 365,000 people residing within a five-mile radius and average household incomes exceeding $100,000. This presents a rare opportunity to acquire a stabilized, income-producing asset in a thriving market.

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Longitude

-105.079

Latitude

39.7922

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments