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30865371
30865372

1107 S Lemay Ave, Fort Collins, CO 80524 For Sale

TS
CO FA.100101226
CBRE - Fort Collins
JO
CO IA40044459
CBRE - Fort Collins
Listed by CBRE - Fort Collins
$3,398,000
133 days on market
Updated 81 days ago

Westbridge Medical Suites - 1107 S Lemay Ave, Unit 2

Details
Property Type Office
Sub Type Medical Office
Square Footage 8,392
Units 1
Cap Rate 7.69%
NOI $261,476
Price per SqFt $405
Class A
Year Built 2008

Medical Office | For Sale or Lease | 8,392 SqFt

Marketing description

CBRE is pleased to present Suite 2 at 1107 S. Lemay Avenue, a ±8,392 square foot medical office condominium available for sale or lease within Westbridge Medical Suites—one of Fort Collins’ premier outpatient medical campuses. This offering represents a rare opportunity to secure a position within one of Northern Colorado’s most established and sought-after healthcare corridors, directly connected to UCHealth Poudre Valley Hospital.

The Property is well set up for an owner-user or investor alike. Currently subject to a lease with a tenant who is not currently occupying the space, this provides near-term income stability for investors while creating a clear path to future occupancy for owner-users. For healthcare providers with hospital privileges seeking long-term control in a constrained market, this is a compelling entry point. For investors, the in-place tenancy offers a bridge to a stabilized asset in a high-demand medical corridor.

Strategically positioned along South Lemay Avenue with 29,669 VPD (CoStar, 2025), the Property benefits from exceptional visibility, direct pedestrian bridge access to UCHealth Poudre Valley Hospital, and proximity to Colorado State University, Downtown Fort Collins, and major residential communities. Within a three-mile radius, the trade area encompasses over 100,000 residents and 40,000 households, with an average household income exceeding $86,000—strong fundamentals supporting sustained healthcare demand.

Medical office condominiums of this caliber rarely come to market in Fort Collins. Suite 2 at 1107 S. Lemay represents a strategic acquisition or occupancy opportunity at the center of Northern Colorado’s most active healthcare node.

*Subject to long-term Ground Lease with future purchase option.

Investment highlights

Rare Ownership Opportunity Directly Connected to UCHealth Poudre Valley Hospital

Located contiguous and connected to Northern Colorado’s premier hospital, with direct pedestrian bridge connectivity.

Flexible for Investors or Owner-Users

Currently leased to VillageMD Colorado with flexibility for future vacant delivery, offering potential occupancy for healthcare providers or stable long-term investment.

Strategic Location on Highly Traveled Lemay Corridor

Prominent position along South Lemay Avenue, benefiting from traffic counts of 29,669 vehicles per day, ensuring strong local visibility.

Strong Surrounding Demographics

More than 100,000 residents within three miles, with average household income exceeding $86,000, supporting robust healthcare demand.

Convenient Access and Exceptional Connectivity

Minutes from Downtown Fort Collins, Colorado State University, and major area employers, providing ease of patient access and regional draw.

Turnkey Medical Office Space in Professional Medical Campus

Well-maintained suite with clinical buildout, including exam rooms with plumbing, private restroom, breakroom, and elevator access, all within professionally managed medical condominium association.

High Barriers to Entry in a Tight Ownership Market

Rising rental rates and limited small-format inventory make this property attractive for investors and owner operators alike.

Listing Contacts

TS
CO FA.100101226
CBRE - Fort Collins
JO
CO IA40044459
CBRE - Fort Collins
Listed by CBRE - Fort Collins

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$261,476.00
$21,789.67/mo

Valuation Metrics

0
DSCR
7.69%
Cap Rate
7.69%
ROI

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Additional Information

Name
Tyler Swenson
License
FA.100101226
Name
JASON ORTIZ
License
IA40044459
Brokerage
CBRE
Title
Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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