Net Leased Medical Campus

Highlights:

• Absolute Net Lease
• No Landlord Responsibilities
• 10 Year Single Tenant Lease; Long Standing Tenancy
• Two 5 Year Options to Extend with 10% Base Rent Increases

Description:

The William Feinberg Companies, Ltd. is pleased to exclusively offer the opportunity to acquire the Veros Medical Campus located at 6789 & 6801 S Yosemite Street (the “Campus”), a 1.27 acre site with two medical office buildings located in Centennial, Colorado approximately 20 minutes southeast of downtown Denver.
The 18,248 square-foot Campus is under a single 10-year absolute NNN lease to a prominent biomedical research and therapeutic group offering an onsite clinical lab and infusion facilities. Healthcare specialties represented at the Campus include asthma and allergy, immunology and infectious disease, as well as neurology and otolaryngology among several others.

The Campus is located in one of the fastest growing MSAs in the country. The City of Centennial and Arapahoe County are home to thriving industry clusters include aviation, aerospace, communications/telecom, energy/cleantech, financial services and insurance, healthcare/bioscience, IT/software, and professional services. Major projects include the mixed-use Jones District, the multi-faceted INOVA office development, and Arrow Electronics new headquarters at I-25 and Dry Creek Road.

The Campus’s location also provides tenants with an affluent outpatient base, while still allowing immediate access to larger hospital systems. Located less than two miles from the Campus, HealthOne’s newly named Centennial Hospital, previously Centennial Medical Plaza, recently underwent a major expansion to become the areas first full-service boutique hospital (20 beds). Other hospitals in the immediate area include Centura Health’s Parker Adventist Hospital (170 beds), and HealthOne’s Sky Ridge Medical Center (272 beds) both of which are less than 6 miles away.

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