Single Tenant Medical Opportunity in Fort Collins MSA
Blue West Capital is pleased to exclusively offer for sale the Banner Health medical office condo in Timnath, CO. The tenant has ~2 years remaining on lease with two (2) three (3) year options.
With increasing population density, strong income demographics, and complementary tenants within the same shopping center, this asset is prime for a buyer to negotiate a lease extension with a high probability that Banner Health will stay.
Timnath, CO has seen significant population growth, including a 38.7% increase between July 2020 and July 2022. Within a one-mile radius, average household income is $204,000 and the property is surrounded by newly built houses and upcoming residential developments, demonstrating a flourishing market.