Office Medical
Cheyenne Professional Plaza
5115 Fontaine Blvd, Fountain, CO 80817
Listing Price: $850,000
Investment Overview
The Kramer Group of Marcus & Millichap is pleased to present this Exclusive Listing for 5115 Fontaine Blvd in Fountain, CO., which consists of 6,520 rentable square feet, situated on .52 acres of land. This Class B Medical Office property was built in 1993, R-4 zoning, and had a new roof installed in 2019, new HVAC in 2018, and parking lot was re-paved in 2023. The two-story soon to be vacant Medical Office building is a great investment opportunity for an owner-user and is move-in ready for a new medical tenant(s). The previous tenant, Optum Health is paying rent through the beginning of April 2024 when their current lease expires. The property was most recently utilized for a single tenant and can easily be converted to a multi-tenant building. Our underwriting is based on 1-2 tenants moving in at a lease rate of $16/SF with rent commencing on 1/1/25
Cheyenne Professional Plaza
Investment Highlights
- 2 Story Medical Office building consisting of 6,520 SF RBA, plus a 1,200 SF Basement
- Seller Financing Option Available
- Property sits on .52 Acres, 30 paved paved parking spots
- Opportunity to purchase adjoining 1.31 Acre parcel
- Great opportunity for an owner-user investment as a single or multi-tenant property, as current tenant will be vacating in April 2024
- Property built in 1993 with concrete block construction, which was re-sealed in 2019
- Property is located at the intersection of S Us Highway 85 87 and Fontaine Boulevard
- New 50-year roof in 2019, New HVAC in 2018, Parking lot re-finished in 2023, New secutiry system in 2019 and an elevator servicing all floors
Exclusively Listed By
Financing By
Listing Price: $850,000
Investment Highlights
- 2 Story Medical Office building consisting of 6,520 SF RBA, plus a 1,200 SF Basement
- Seller Financing Option Available
- Property sits on .52 Acres, 30 paved paved parking spots
- Opportunity to purchase adjoining 1.31 Acre parcel
- Great opportunity for an owner-user investment as a single or multi-tenant property, as current tenant will be vacating in April 2024
- Property built in 1993 with concrete block construction, which was re-sealed in 2019
- Property is located at the intersection of S Us Highway 85 87 and Fontaine Boulevard
- New 50-year roof in 2019, New HVAC in 2018, Parking lot re-finished in 2023, New secutiry system in 2019 and an elevator servicing all floors
Investment Overview
The Kramer Group of Marcus & Millichap is pleased to present this Exclusive Listing for 5115 Fontaine Blvd in Fountain, CO., which consists of 6,520 rentable square feet, situated on .52 acres of land. This Class B Medical Office property was built in 1993, R-4 zoning, and had a new roof installed in 2019, new HVAC in 2018, and parking lot was re-paved in 2023. The two-story soon to be vacant Medical Office building is a great investment opportunity for an owner-user and is move-in ready for a new medical tenant(s). The previous tenant, Optum Health is paying rent through the beginning of April 2024 when their current lease expires. The property was most recently utilized for a single tenant and can easily be converted to a multi-tenant building. Our underwriting is based on 1-2 tenants moving in at a lease rate of $16/SF with rent commencing on 1/1/25
Exclusively Listed By
Financing By
