1355 Riverside Avenue - Medical Office Investment
Income Producing Medical Office Condo | 7.87% CAP
Marketing description
Investment opportunity to acquire an occupied medical/office condominium located blocks from Poudre Valley Hospital in Fort Collins. This condo unit includes main-level office / treatment rooms with additional basement office/storage, providing functional flexibility for medical or professional tenants.
The unit is currently leased to a strong tenant (Anderson Podiatry Center) with 4 years left on the lease, delivering immediate and stable cash flow. Individual condo ownership allows for simplified management and long-term investment flexibility.
This property may be purchased individually or in combination with other condo units within the building, making it an attractive option for investors seeking medical office exposure in a proven medical corridor.
Investment highlights
7.27% CAP Rate on in-place income
4 years remaining on existing lease, providing income stability
Podiatry center tenant, a well-established medical use with consistent patient demand
Medical office buildout with strong re-tenanting potential
Located blocks from Poudre Valley Hospital in Fort Collins’ primary medical corridor
Individual medical office condominium ownership
Main-level medical space with additional basement office/storage
Stable medical office investment in a supply-constrained submarket
Opportunity to acquire additional condo units within the building
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