7515 Yale Ave Denver, CO 80227
For Lease
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This exceptional investment opportunity presents a 7,376-square-foot Class B medical office building situated on a 0.6-acre lot at 7515 W Yale Ave, Denver, CO 80227. The property, built in 1989 and featuring a full medical build-out, boasts a 100% occupancy rate with a strong net operating income (NOI) of $218,295, yielding an attractive 8.73% cap rate. Currently leased to Perfect Teeth, a well-established dental group with multiple locations, the lease extends to March 2029. While the tenant is exploring subleasing options, they have confirmed their commitment to rent payments through the lease term and will provide an estoppel certificate. The property is zoned BA-1 and is being sold vacant ("dark"), presenting a compelling value-add opportunity for investors or owner-users seeking a prime location in Denver. The asking price is $2,500,000, translating to $338.94 per square foot. The two-story building offers significant potential for future growth and income generation. Its strategic location at the intersection of W. Yale Ave and S. Wadsworth Blvd provides excellent visibility and accessibility.
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Dr. Adam Olsen Dental Office
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Dr. Alan S. Wright, DMD Dental Office
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Dr. Rajvinder Marwah Dental Office
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Dr. Nick Venuto Dental Office
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Dr. Rick Martin Dental Office
A. Mixed Use - 2 (S-MX-2) S-MX-2 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 2 stories is desired. B. Mixed Use - 2x (S-MX-2x) S-MX-2x applies to small sites served primarily by local streets embedded within an existing or proposed neighborhood. These are typically one or two parcels and are…
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
S-MX-2 · Denver, COA. Mixed Use - 2 (S-MX-2) S-MX-2 applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 2 stories is desired. B. Mixed Use - 2x (S-MX-2x) S-MX-2x applies to small sites served primarily by local streets embedded within an existing or proposed neighborhood. These are typically one or two parcels and are limited to low scale building forms and low intensity uses. c. Mixed Use - 2A (S-MX-2A) S-MX-2A applies to areas or intersections served primarily by local or collector streets where a building scale of 1 to 2 stories is desired. Design standards provide flexibility in building siting while supporting a consistent pattern of buildings placed closer to the street to offer an active street front. Sites are limited to low intensity uses and the low scale General building form to encourage a more pedestrian-oriented environment. 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 or intersections served primarily by local or collector streets where a building scale of 1 to 3 stories is desired. Design standards provide flexibility in building siting while supporting a consistent pattern of buildings placed closer to the street to offer an active street front. Sites are limited to the General building form to encourage a more pedestrian- oriented environment. F. Mixed Use - 5 (S-MX-5) S-MX-5 applies to areas or intersections served primarily by collector or arterial streets where a building scale of 1 to 5 stories is desired. | 3.2-5
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.
