Available

Available

Banner Medical Group Colorado

Timnath, CO 80547

Price

$2,478,000

Cap Rate: 6.75%

Download OM arrow_downward

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.

Investment Highlights

  • Strong tenant credit rating (AA- according to Fitch)
  • Banner Health stands as one of the nation’s largest secular nonprofit healthcare systems with an extensive network of 30 acute-care hospitals
  • High-end medical build features 12 exam rooms equipped with water, a nurses station, a break room, and a backup generator

Location Highlights

  • This location is in a synergistic shopping center with complementary tenants for the surrounding neighborhood
  • Timnath was the second fastest growing municipality in Colorado between July 2020 and July 2022 posting a 38.7% increase in population
  • Average household incomes above $200,000/yr within a 1-mile radius
  • Property is easily accessible via E. Harmony Rd. and is on the same side of I-25 as several major retailers like Costco, Walmart, Freddy’s Frozen Custard, Wendy’s, Starbucks, Murphy, and Chick-Fil-A

We are ready to assist you.

Let's Connect arrow_forward

Close

Enter Your Information To Request The Offering Memorandum

Industry Role
Close

We are ready to assist you.

Please fill out the form and we will be in touch shortly.

By providing a telephone number and submitting the form you are consenting to be contacted by SMS text message. If you wish to initiate inbound SMS text messages, please contact your individual broker for their direct number. Message and data rates may apply. Reply STOP to opt out of further messaging. Blue West Capital, LLC may use text messaging for client communications only and does not use text messaging for marketing or promotional matters. Please see Privacy Policy for further information.

Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031