Office for Sale in Lakewood, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Lakewood, CO 80228
  • Year built: 1988

Description

The Kramer Group of Marcus & Millichap is pleased to present 421 Zang Street, a ±35,010 SF single-tenant medical office building positioned on an expansive 8.5-acre site (±370,260 SF) in the heart of Lakewood, Colorado. The property offers a unique combination of functional existing improvements, zoning flexibility, and covered land value, making it an outstanding owner-user, redevelopment, or investment opportunity in one of the Denver metro’s most dynamic growth corridors. The current owner is open to entering into a short-term leaseback agreement during their relocation process, thereby providing the purchaser with a defined period of income generation. Investment Highlights: • Zoned M-E-S (Mixed-Use Employment Suburban), it permits a wide range of uses, including but not limited to: Medical facilities, Multi-housing developments, Schools, Hotels, Churches • The site's zoning flexibility and existing infrastructure make it a valuable asset for businesses, developers, or community projects • The current tenant is willing to sign a short-term leaseback

Market Context

This office in Lakewood, CO is listed for sale. The building dates to 1988. It has been on the market for 67 days. Compare it against other office listings for sale in Lakewood, CO — <a href="/search/sale/office/colorado/lakewood">view the full market</a>.

As of Q2 2017, the Denver office market showed average asking rents near $8.40/SF/yr. Source: Consensus Q2 2017 market report.

Unified Estimate

Medium Confidence

$133.66/SF – $180.84/SF

Mid: $157.25/SF

Rate estimator only; cost-of-business estimate unavailable.

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