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29598959
29598960

950 W Baptist Rd, Monument, CO 80132

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc
$3,135,000
122 days on market
Updated 122 days ago

PDS Health & Noel Relief Centers | Monument, CO

Details
APN 7125301035
Property Type Retail
Sub Type Dentist office
Square Footage 4,950
Net Rentable (SqFt) 4,950
Cap Rate 5.75%
NOI $180,300
Occupancy 100%
Tenancy Multi
Brand/Tenant PDS Health, Noel Relief Centers
Lease Type NNN
Price per SqFt $633
Broker Co-Op Yes
Year Built 2016
Buildings 1
Stories 1
Acreage 0.620

100% Occupied 2-Tenant Pad; Low Rents | King Soopers Shadow-Anchored | Affluent Demographics;

Marketing description

100% Occupied 2-Tenant Pad; Low Rents | King Soopers Shadow-Anchored | Affluent Demographics; $211,900+ AHHI

Investment highlights

Two-Tenant NNN Retail Investment Shadow-Anchored by a King Soopers Grocery-Anchored Center (1 Million Annual Visits, Top 8% in Colorado within Grocer Category, Placer.ai):

Corporate PDS Health:
Recent expansion and lease extension in 2024, showing the tenants commitment to the location
PDS Health would like to expand into the Noel Chiropractic space
High-volume site (contact broker for more information)
3% annual increases (next increase August 2026)
Two 5-year options with 3% annual increases
PDS Health is one of the nation’s largest private dental companies with over 1,000 locations in 24 states, and plans to add more

Noel Chiropractic:
5-year lease; 1 year remaining
One 5-year option at 3% annual increases

Low Rents for Newer Construction Grocery Store Outparcel: The PDS Health lease was signed in 2016 before increase in construction cost; low rent when
compared to similar newer construction properties

High-Traffic Location Surrounded by Major New Developments:
Located just off the hard, signalized intersection of Baptist Road and Jackson Creek Parkway, with 25,800 CPD
Within 1.5 miles of the future Forest Lakes development, a master-planned community spanning over 1,000 acres and planned for more than 500 homes, along with a 275-acre retail, office, and industrial business park
Across the street from a future 40-acre residential development
Just south of Legacy at Jackson Landing, a new retail center located along I-25 near Home Depot, anchored by a 129,000-square-foot national tenant

Affluent, High-Growth Demographics:
$211,918 AHHI within a 1-mile radius of the subject property
Over 64% population growth from 2010 to 2025 within a 1-mile radius

Listing Contacts

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,300.00
$15,025.00/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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Additional Information

Name
Scott Reid
License
EC.100085004
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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