Parkglenn Medical Office (Sale)

Parker, COLORADO

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The Offering

Type
Medical
Price
$4,852,000
Year Built
2009
% Leased
100%
# of Buildings
1
Price Per Sq. Ft.
$314
Cap Rate
9.9%

Investment Highlights

Priced well below replacement cost for a fully constructed medical office building

Coveted suburban location with walkable amenities surrounding the property

Complete medical buildout including extensive plumbing infrastructure throughout exam rooms, medical imaging area, pharmacy, etc.

Investment Overview

10168 Parkglenn Way in Parker, CO is a 20,078 RSF (including basement) medical office building previously leased by Kaiser Permanente. Kaiser just relocated (October 2025) into their new primary care facility at the intersection of Parker Road and Hess Road, allowing an owner-user or investor the opportunity to have a fully functional medical building that can be either single or multi tenant layout. The property has an excellent parking at 6.46 per 1,000 RSF (98 parking spaces) with an attractive stucco & stone facade across the entire 2-story building.

The Town of Parker is a vibrant suburban community 25 minutes south of Denver and provides an active lifestyle due to its 250 acres of parks, 30 miles of developed trails and convenient access to year-round outdoor activities. Parker is 25 miles from Denver International Airport, less than 5 miles from Centennial Airport (nation’s 2nd busiest general aviation airport), with easy access to E-470 and I-25. For these reasons, 7 of 9 of Colorado’s Fortune 500 companies are located within 10 miles of Parker including Arrow Electronics, Newmont Group and Western Union among others.

Team

Benjamin Swanson

Principal
CO #FA.100087910
MT #RRE-BRO-LIC-99877
(970) 218-5219
(720) 599-6200

John Witt

Principal
CO #ER.100037978
(303) 748-8390
(720) 599-6200