The Offering

Key Facts

  • Address 4300 Kittredge St., Building 5, Denver, CO
  • Property Type Healthcare Education & Training
  • Building Size ±62,972 SF
  • Land Area ±6.06 Acres
  • Year Built / Renovated 2003 / 2026
  • Occupancy 100%
  • Tenancy Concorde Career Colleges (96%), FedEx Logistics (4%)
  • Guarantor Universal Technical Institute, Inc. (NYSE: UTI)
  • NOI (Year 1) (10/1/26-9/30/27) $1,439,645
  • Price $19,857,000
  • Lease Structure NNN
  • Per SF $315
  • Concorde Lease Expiration December 31, 2037
  • Year 1 Cap Rate 7.25%

Investment Summary

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire Gateway V (the “Property”), a 100% leased education campus located in Denver, Colorado. Strategically situated within the 1,200-acre Gateway Park master-planned business district, the Property benefits from exceptional regional connectivity between Downtown Denver and Denver International Airport, with direct access to Interstates 70, 225, and Peña Boulevard. The surrounding area offers strong demographics, with approximately 930,000 residents within a 20-minute drive and proximity to major employment and institutional anchors including the Anschutz Medical Campus and Buckley Space Force Base. 

Extensively renovated as of June 2026, Gateway V is a ±62,972-square-foot institutional-quality asset situated on a ±6.06-acre site. The property is fully leased to Concorde Career Colleges and FedEx Logistics, with Concorde occupying approximately 96% of the building. Demonstrating its long-term commitment to the campus, Concorde recently completed a more than $10.7 million capital investment, including comprehensive interior and exterior upgrades, modernization of building systems, and in addition to these capital improvements, the installation of state-of-the-art, industry-specific trade fixtures and equipment designed to support hands-on healthcare training. Concorde funded $8.0 million of the improvement program, with the landlord contributing the balance.

Gateway V offers durable and predictable cash flow through a long-term lease with Concorde Career Colleges, extending through December 2037 with fixed annual rental escalations. The lease is backed by Universal Technical Institute, Inc. (NYSE: UTI), a nationally recognized provider of workforce-oriented education with significant scale, operating history, and financial strength. Complementing this is a shorter-term NNN lease with FedEx, whose space is anticipated to be absorbed by Concorde upon its 2028 expiration. The asset presents a compelling opportunity to acquire a stabilized, income-producing investment in one of Denver’s most dynamic growth corridors, supported by strong tenant credit and favorable sector fundamentals tied to healthcare and workforce education demand.

Concorde Career Colleges anchors the facility with a best-in-class healthcare education and training campus that has been extensively enhanced by a recent $10.7 million capital investment. The property features state-of-the-art classrooms, clinical labs, and advanced simulation environments designed to replicate real-world healthcare settings, enabling hands-on training across high-demand medical disciplines. Concorde continues to experience strong enrollment growth across its programs, particularly in nursing and allied health fields, where program waitlists highlight the need for expanded training capacity. Given the substantial cost, regulatory requirements, and operational complexity associated with replicating these improvements, the Property serves as a mission-critical facility within Concorde’s platform and reinforces its long-term commitment to the location.

Offering Highlights

Institutional-Quality, Credit-Backed Tenancy Anchored by Concorde Career Colleges and guaranteed by Universal Technical Institute (NYSE: UTI), a publicly traded workforce education platform with approximately $835 million in annual revenue

Mission-Critical, Purpose-Built Healthcare Education Facility Highly specialized healthcare training campus featuring clinical labs, simulation environments, and advanced classrooms that are integral to tenant operations and difficult to replicate

Strong Underlying Demand Drivers Supported by consistent enrollment growth across Concorde’s programs, with nursing and allied health disciplines experiencing sustained demand and waitlists

Durable Cash Flow Structure A favorable lease structure with strong expense recoveries results in a highly efficient income stream, minimizing landlord expense exposure and providing stable, bond-like cash flow characteristics

Efficient Site Layout with Generous Parking Features a thoughtfully planned site layout with efficient circulation and a strong parking ratio of 5.5 spaces per 1,000 SF to support growing, high-traffic tenancy
Long-Term Lease with Embedded NOI Growth Offering 11+ years of remaining lease term, with fixed annual rent escalations that provide predictable cash flow and drive NOI growth

Significant Tenant Capital Investment Enhanced through approximately $8.0 million of recent tenant-funded improvements, delivering modernized interiors, exterior upgrades, with additional tenant investment of state-of-the-art trade fixtures and training infrastructure

Strategic Healthcare-Oriented Location Proximity to the Anschutz Medical Campus—one of the nation’s leading academic health centers—supports long-term demand for healthcare education and workforce training

Premier Airport Corridor Positioning Located along Denver’s primary growth corridor between Downtown and Denver International Airport, the site benefits from strong regional connectivity, major employment anchors, and sustained economic expansion

Brochure