735 White Ave - Medical FOR SALE
Grand Junction, CO 81501 |
$811,000 USD
619-277-4202
735 White Ave
Grand Junction, CO 81501
HIGHLIGHTS
- Credit-Rated Health System Tenant – Intermountain Health (Moody’s Aa1 | S&P AA+ | Fitch AA+; $17 B+ annual revenue, 33 hospitals, and 400+ clinics).
- New 5-Year NNN Lease (Commencing Mar 2025) – Predictable income with 3 % annual increases and minimal landlord involvement.
- Lease Structure: NNN – Tenant pays all operating expenses with limited landlord responsibilities.
- Civic & University Demand Drivers – The $70 M Grand Junction Community Recreation Center (opening 2026) and Colorado Mesa University ~10,000 students
- Market Growth Catalyst – Amazon’s new 38,000 SF last-mile delivery facility near Grand Junction Regional Airport (opened 2025)
FOR SALE DETAILS
PRICE
$811,000 USD
PRICE/SF
$257 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
735 White Ave- Medical Office
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
MU-3
APN/PARCEL ID
2945-144-65-003
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619-277-4202
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619-277-4202
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