Available

Intermountain Health

Aurora, CO 80017

Price

$7,510,545

Cap Rate: 5.50%

Download OM arrow_downward

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.

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.

Contact Information

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

info@BlueWestCapital.com

720-989-1031