Sold

Intermountain Health

Aurora, CO 80017

Price

$7,341,000

Cap Rate: %

Single Tenant Medical Office Opportunity | New 10-year Lease with 10% Rental Increases

Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Intermountain Health property located in Aurora, Colorado. This triple net lease provides the landlord with limited responsibilities and rental increases every 5 years. Intermountain Healthcare is an investment-grade-rated not-for-profit healthcare company (S&P: AA+).

Located at the highly visible hard corner of S Airport Blvd & E Alameda Pkwy, this property provides over 67,000 vehicles passing by daily. The property sits adjacent to the Buckley Space Force Base and 12 miles east of Downtown Denver.

Investment Highlights

  • Brand-new high-quality construction
  • Tenant opened for business November 6th
  • Intermountain Health is an investment grade tenant (S&P: AA+)
  • New 10-year triple net lease has limited landlord responsibilities
  • 10% rental increases every 5 years and throughout option periods
  • Intermountain Health and SCL Health’s 2022 merger makes Intermountain Health the eleventh-largest nonprofit health system in the U.S. with 63,000 employees, 385 clinics, and 33 hospitals throughout Colorado, Utah, Idaho, Nevada, Montana, Wyoming, and Kansas
  • Intermountain Health and UCHealth (University of Colorado) recently announced a partnership to create a clinical integration network (CIN) bringing hundreds of clinics, hospitals, and over 700 primary care physicians together

Location Highlights

  • High visibility hard corner location
  • Excellent traffic counts along Airport Blvd (40,000 VPD) and Alameda Pkwy (27,000 VPD)
  • Positioned adjacent to Buckley Space Force Base and 12 miles east of Downtown Denver
  • Densely populated area with 335,000 residents living within five miles
  • 325 residential units are currently under construction directly east of the property
  • Neighboring tenants include USPS, 7-Eleven, Cobblestone Car Wash, McDonald’s, Burger King, Circle K, Pacific Dental, Popeyes, Dutch Bros, and Ziggi’s Coffee

We are ready to assist you.

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Contact Information

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

info@BlueWestCapital.com

720-989-1031