Single-Tenant 15+ Year Corporate NNN Lease
Blue West Capital, in partnership with SRS Real Estate Partners, is pleased to present the opportunity to acquire a single-tenant Sandstone Care behavioral health facility located at 38619 Boulder Canyon Drive in Boulder, Colorado. The 15,514-square-foot property is leased to Sandstone Care Cos, LLC, a leading provider of behavioral health services, with more than 15 years remaining on a corporately guaranteed NNN lease. In 2025, the property underwent approximately $8 million in major exterior and interior renovations, creating a modern, specialized treatment facility with minimal landlord responsibilities.
Founded in 2015 and headquartered in Denver, Sandstone Care operates in Colorado, Maryland, Illinois, and Virginia, and was acquired in 2022 by The Vistria Group, a Chicago-based private equity firm with $16 billion in assets under management. The Boulder location offers privacy, high barriers to entry, and access to a stable, affluent community — supporting long-term operational success and investment stability.
