7475 Dakin Street: A Rare True Medical Office Building in Denver's I-25/36 Corridor
A rare true medical office building in Denver's 36 Corridor, home to Pima Medical Institute for 38 years. Here's why investors who passed on 7475 Dakin missed one of the strongest long-term medical office holds in the market.
Some of the best commercial real estate opportunities are the ones other investors talk themselves out of.
7475 Dakin Street is a textbook example. This 3.5-acre medical office building has been home to Pima Medical Institute for 38 years — a tenant relationship most landlords would consider the definition of stability. Yet the property has sat on the market longer than it should have, passed over by investors who saw a single risk factor (a large anchor tenant) and stopped digging before they found the real story.
Why Investors Are Missing the Opportunity
The concern is straightforward on the surface: what happens if the largest tenant ever vacates? It's a fair question — but one that only looks like a dealbreaker if you don't understand suburban medical office fundamentals.
True medical office buildings (MOBs) are structurally different from standard office product. They require build-outs, plumbing, and licensing that make them expensive and slow to replicate — which is exactly why they're scarce. In the immediate area surrounding 7475 Dakin, competing medical office space is limited. That scarcity is the asset's real protection, not a distraction from the risk.
What Makes This Property Work
A true MOB on 3.5 acres, purpose-built and licensed for medical use — not a generic office conversion
Located in the 36 Corridor, one of Denver's stronger suburban submarkets for healthcare and professional tenants
Minimal nearby competition for comparable medical office space, giving this property a natural advantage in re-tenanting or renewal scenarios
Ample on-site parking and convenient access — both critical, often underweighted factors for medical tenants and their patients
38 years of tenant continuity, a track record most "stabilized" assets can only claim on paper
Why This Fits Avant Group's Focus
At Avant Group, we specialize in exactly this kind of asset: suburban office and medical office properties that look higher-risk on the surface but reward investors who understand the underlying fundamentals. We've completed over 600,000 SF in value-add office transactions, and the stabilized assets we've helped lease up have averaged 16%+ cap rates for our investors.
7475 Dakin Street fits that same profile — a long-term cash-flow asset with a built-in scarcity advantage, positioned for investors willing to look past the headline risk and into the real market dynamics.
Interested in medical office or suburban value-add opportunities in Denver? Contact Avant Group at 720-364-2073 or visit avantrep.com