1905 W College St - Medical FOR SALE


Bozeman, MT 59718
$9,500,000 USD
802-881-9278
1905 W College St, Bozeman, MT for Sale
$9,500,000 USD
Medical - FOR SALE
1/9
null | 6.17% Cap Rate

1905 W College St
Bozeman, MT 59718


HIGHLIGHTS

  • Single-Tenant, Mission-Critical Facility – Leased to a premier dermatology operator providing clinical and surgical services.
  • Corporate-Scale Credit – Forefront’s 250-plus clinics across 25 states generate diversified revenue supporting continued expansion.
  • 14-year NNN Lease – Tenant pays taxes, insurance, and operating expenses; fixed 3 % annual rent bumps deliver inflation-protected income.
  • Physician & LOC Guarantees – Personal guaranty remains in place for the entire term, supplemented by an LOC, significantly reducing downside risk.
  • Ideal 1031 Exchange Opportunity – Minimal landlord responsibilities make this an ideal passive hold for exchange buyers.

OVERVIEW

Forefront Dermatology is the nation’s largest and fastest-growing physician-owned dermatology network, with more than 250 clinics across more than 25 states. Founded with a mission to provide exceptional dermatological care with a strong patient-first approach, Forefront is recognized for clinical excellence, physician-led leadership, and its robust national footprint. Forefront offers a comprehensive suite of dermatological services, including medical, surgical, and cosmetic treatments. Key specialties include: Skin cancer screening and treatment, acne and eczema management, Mohs micrographic surgery, and cosmetic procedures. Bozeman Demographics & Location Drivers Situated half a mile from Montana State University and under three miles to downtown Bozeman, the property benefits from strong demographics, including a 5-mile average HH income $113,553 and 5.7% population growth since 2020. Bozeman’s tight medical office inventory, combined with limited developable land, amplifies future appreciation potential. Daily traffic of 27,000 VPD ensures excellent visibility, while proximity to Costco, Whole Foods, Intermountain Health, and REI reinforces the corridor’s regional draw.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$547 USD /SF

CAP RATE

6.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forefront Dermatology & Mohs Surgery

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

39,945 SF

ZONING

R-O

APN/PARCEL ID

06-0798-11-4-08-30-0000

ASK ABOUT THIS PROPERTY

Heather HaleyVitalisMore Info
802-881-9278

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Heather HaleyVitalisMore Info
802-881-9278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.