8199 Southpark Ln Littleton, CO 80120-5667

Property Details for 8199 Southpark Ln

Year built

2004

Construction

FRAME

Lot size

1.40 lot acres

Property size

12,435 SF

Zone code

LPDI

Property type

Medical offices

Property subtype

Medical centers

APN

2077-33-4-03-048

APU

207733403048

Description

This exceptional Class A, 13,735 square foot medical office building in Littleton, Colorado presents a compelling investment opportunity. Located at 8199 Southpark Ln, 80120, this single-story, 100% occupied property boasts a strong tenant roster including national healthcare leaders like Optum Health, Fresenius Kidney Care, Quest Diagnostics, and others. The building, constructed in 2004, benefits from a fee-simple ownership structure and a stabilized investment profile with a 6.90% cap rate and a Net Operating Income (NOI) of $315,095. All four tenants are on NNN leases with annual rent bumps averaging 2.88%, ensuring consistent income growth and minimal landlord responsibilities. The property's strategic location in the Denver-Aurora-Lakewood MSA, within two miles of three major hospitals, and its convenient access via CO-470 and US-85, provide exceptional visibility and accessibility. The asking price is $4,570,000, translating to $332.73 per square foot. The anchor tenant, Optum Health, is a subsidiary of UnitedHealth Group, providing significant financial stability and creditworthiness. This investment offers a rare combination of strong cash flow, significant upside potential, and a resilient asset class within a rapidly growing market. The property's location within the top 20 largest MSAs in the US further enhances its long-term value and investment appeal.

Location Insight

City

Littleton

County

Arapahoe

State

Colorado

Longitude

-105.002

Latitude

39.568

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments