2802 Madison Square Dr - Medical FOR SALE


Loveland, CO 80538
$1,175,000 USD
970-310-9778
2802 Madison Square Dr, Loveland, CO for Sale
$1,175,000 USD
Medical - FOR SALE
1/35
null | 7.08% Cap Rate

2802 Madison Square Dr
Loveland, CO 80538


HIGHLIGHTS

  • NNN
  • Fully Rented
  • Income from Day 1

OVERVIEW

Looking for stable, predictable cash flow? This 5,082 sq ft commercial property delivers exactly that. Two professional tenants are already in place and generating reliable income—a home health care company in one unit and an established CPA practice in the other. Here's what makes this work: both units are leased, so there's no vacancy risk or tenant hunting required. You get income from day one. And because you're not dependent on a single tenant, you're hedged against turnover. FYI, healthcare companies and accounting firms are among the most stable commercial tenants—they have strong credit, low turnover, and established client bases that keep them locked in. This isn't speculative. It's turnkey. The building is maintained and ready to perform, with no capital expenditures needed out of the gate. Loveland's commercial market has strong fundamentals too—growing population, stable employment, and healthy demand for professional office space. You're buying into a market with tailwinds, not headwinds. If you're building a commercial real estate portfolio and want the kind of property that works while you sleep, this is it. Heck, even if one space went vacant (which we're not anticipating), the other keeps generating income while you find a replacement. Let's talk about the lease terms, tenant histories, and the numbers behind those cash flows.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

R-3e - Loveland

APN/PARCEL ID

95121-34-001,95121-34-002,95121-34-003

ASK ABOUT THIS PROPERTY

Seth SmithExp Realty-estes ParkMore Info
970-310-9778

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Seth SmithExp Realty-estes ParkMore Info
970-310-9778

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