The Grant Street Medical Pavilion represents a rare opportunity to acquire a stabilized medical office investment property located at 9025 Grant Street in Thornton, Colorado, within the rapidly expanding North Denver healthcare corridor. The 16,756 SF medical office building is fully leased to two established healthcare providers, providing investors with durable long-term income supported by mission-critical tenancy.
The investment is anchored by a strong sale-leaseback with the current owner, who occupies the entire second floor of the building. This structure provides investors with stable occupancy, strong tenant alignment, and predictable cash flow. Offered at $4,590,000, the property delivers a 6.50% cap rate with stable in-place income, annual rent growth, and long-term medical office tenancy. The offering is further strengthened by ownership’s planned capital improvement program, including a comprehensive elevator modernization proposal and common-area refresh designed to improve building functionality, reliability, and tenant/patient experience.
For investors, Grant Street Medical Pavilion offers a compelling combination of durable healthcare income, below-replacement-cost basis, and reduced near-term capital uncertainty as ownership works to address major building improvements in advance of the sale.
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