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Single-Tenant Office

New Construction VA Outpatient Clinic | Butte, MT

40 Three Bears Drive, Butte, MT 59701

Listing Price: $10,499,000

Cap Rate
3.90%
Gross SF
17,504
Rentable SF
17,504
Price/Gross SF
$599.81
Lot Size
3.70 acres
Year Built
2022

Investment Overview

Marcus & Millichap is pleased to present a New Construction VA Outpatient Clinic in Butte, Montana. The United States Department of Veterans Affairs (VA) is a federal Cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country; several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance; and provides burial and memorial benefits to eligible veterans and family members. The VA employs over 412,000 people at hundreds of Veterans Affairs medical facilities, clinics, benefits offices, and cemeteries.
The Veterans Health Administration is America’s largest integrated health care system, providing care at 1,255 health care facilities, including 170 medical centers and 1,074 outpatient sites of care of varying complexity (VHA outpatient clinics), serving nine million enrolled Veterans each year.

Outpatient clinics are an increasingly important part of the Department of Veteran Affairs’ (VA) Veterans Health Administration (VHA) health care delivery system. Over the past two decades, the VHA has reorganized from an inpatient care to an outpatient care-oriented health care system. Outpatient clinics have been an essential component of this transition as the agency continues its mission to better align with current health needs for optimal efficiency and access.

Outpatient clinics provide more convenient access and promote quicker attention to medical problems. These clinics eliminate the need for veterans to travel long distances to VA medical centers, thus reducing VA reimbursement costs.

Investment Highlights

  • Brand New Class A Veterans Affairs Outpatient Clinic | Build to Suit for VA In 2022 | Timber Frame Exterior
  • High Traffic Location
  • Large Demand for VA Space
  • Rare Chance to Own a New Construction VA Clinic with A 20-Year First Generation Lease
  • Expensive and High-Quality Construction
  • VA Clinic Expansion and Relocation
  • Mission-Critical Location with High Chance of Renewal

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s) MT: RRE-BRO-LIC-15748

    Montana

Financing By

Single-Tenant Office

New Construction VA Outpatient Clinic | Butte, MT

Listing Price: $10,499,000

Cap Rate
3.90%
Gross SF
17,504
Rentable SF
17,504
Price/Gross SF
$599.81
Lot Size
3.70 acres
Year Built
2022

Investment Highlights

  • Brand New Class A Veterans Affairs Outpatient Clinic | Build to Suit for VA In 2022 | Timber Frame Exterior
  • High Traffic Location
  • Large Demand for VA Space
  • Rare Chance to Own a New Construction VA Clinic with A 20-Year First Generation Lease
  • Expensive and High-Quality Construction
  • VA Clinic Expansion and Relocation
  • Mission-Critical Location with High Chance of Renewal

Investment Overview

Marcus & Millichap is pleased to present a New Construction VA Outpatient Clinic in Butte, Montana. The United States Department of Veterans Affairs (VA) is a federal Cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country; several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance; and provides burial and memorial benefits to eligible veterans and family members. The VA employs over 412,000 people at hundreds of Veterans Affairs medical facilities, clinics, benefits offices, and cemeteries. The Veterans Health Administration is America’s largest integrated health care system, providing care at 1,255 health care facilities, including 170 medical centers and 1,074 outpatient sites of care of varying complexity (VHA outpatient clinics), serving nine million enrolled Veterans each year. Outpatient clinics are an increasingly important part of the Department of Veteran Affairs’ (VA) Veterans Health Administration (VHA) health care delivery system. Over the past two decades, the VHA has reorganized from an inpatient care to an outpatient care-oriented health care system. Outpatient clinics have been an essential component of this transition as the agency continues its mission to better align with current health needs for optimal efficiency and access. Outpatient clinics provide more convenient access and promote quicker attention to medical problems. These clinics eliminate the need for veterans to travel long distances to VA medical centers, thus reducing VA reimbursement costs.

Exclusively Listed By

Broker of Record

  • Adam Christofferson

    Senior Vice President/Division Manager

    (801) 736-2600

    License(s): MT: RRE-BRO-LIC-15748

    Montana

Financing By

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