8410 Decatur St Westminster, CO 80031-3811

Property Details for 8410 Decatur St

Year built

2009

Lot size

2.10 lot acres

Property size

18,278 SF

Property type

Medical offices

Property subtype

Medical centers

APN

R0176620

APU

R0176620

Description

This exceptional investment opportunity presents a fee-simple interest in a 18,000 square foot, single-tenant medical office building located at 8410 Decatur St, Westminster, CO 80031. The property, built in 2009, sits on a 2.1-acre lot and is 100% occupied by Innovative Renal Care under a 10-year absolute NNN lease (commencing July 1, 2023, and expiring June 30, 2033) with a corporate guarantee. The lease includes a 2% annual rent increase, generating a current annual Net Operating Income (NOI) of $459,000. The property benefits from its strategic location near the Uplands Community Development, a large mixed-use project featuring residential, retail, and commercial components, ensuring high visibility and consistent traffic flow. This one-story building offers investors a hassle-free ownership experience with zero landlord responsibilities. The lease includes two five-year renewal options, providing long-term stability and potential for appreciation. The property's location within established residential neighborhoods and commercial areas contributes to its strong investment potential. This offering is ideal for investors seeking a stable, high-yielding asset with a reputable tenant in a growing market. The combination of a long-term lease, annual rent escalations, and an absolute net lease structure makes this an attractive addition to any portfolio.

Location Insight

City

Westminster

County

Adams

State

Colorado

Longitude

-105.022

Latitude

39.8497

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments