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32650761
32650762

2 Locations

TA
CO 100066530
CBRE - Fort Collins
Listed by CBRE - Fort Collins
$2,500,000
21 days on market
Updated 15 days ago

1020 & 1032 Luke Street

Details
Property Type Office
Sub Type Medical Office
Occupancy 50%
Tenancy Multi
Year Built 1986, 1970
Buildings 2
Acreage 0.27 - 0.28

Premium two-building medical office campus : Directly across from Poudre Valley Hospital

Marketing description

This premium two-building medical office campus, located at 1020 and 1032 Luke Street, offers a rare strategic advantage for medical professionals seeking both a permanent home for their practice and a reliable investment stream. Situated directly across from UCHealth Poudre Valley Hospital’s Emergency Room, this property places your business at the epicenter of Northern Colorado’s medical hub. The 8,644 SF building at 1032 Luke Street provides an ideal owner-user opportunity; it is currently vacant and ready for immediate move-in, with half of the building recently benefiting from a modern remodel. Simultaneously, the adjacent 6,052 SF building at 1020 Luke Street is fully leased to established practitioners, such as Aspen Wellness Center and the Acupuncture Clinic of Fort Collins, providing a diversified income stream to offset ownership costs from day one. These buildings function as a unified, professional campus that combines the prestige of a premier location with the financial stability of an
income-producing asset.

Situated at the critical intersection of Luke Street and Doctors Lane, this two building medical campus is a cornerstone of the Fort Collins medical district. The property consists of two distinct structures creating a unified medical professional environment on a combined 0.55-acre footprint. Its physical presence is defined by its immediate proximity to UC Health Poudre Valley Hospital in one of the most densely populated medical zones in Northern Colorado.

This strategic location within an established medical corridor provides unparalleled access to a premier regional hospital that serves as a vital healthcare destination for residents across Colorado, Wyoming, and Nebraska. As a prominent fixture within the
city’s medical district, the property is neighbored by UCHealth Administrative Offices and a dense concentration of specialized clinics, fostering a high-referral environment within a world-class community frequently recognized as one of the best places to
live and innovate in the nation. The immediate area benefits from a robust economic profile, featuring a 3-mile radius with an average household income exceeding $100,000 and a daytime employee population of nearly 60,000, providing a stable and
professional patient base.

Connectivity and local convenience further distinguish this location, as it sits just off Lemay Avenue, a primary north-south artery with swift access to E. Mulberry Street (Hwy 14) and the I-25 corridor. This positioning places medical staff and patients within
steps of essential retail and dining amenities, including Safeway, Walgreens, Starbucks, and Culver’s, facilitating a seamless blend of professional and personal daily tasks. Furthermore, the campus is situated just two miles from the historic core of Old Town
Fort Collins and the research-rich environment of Colorado State University, bridging the gap between clinical practice and the city’s academic and cultural heart. With an impressive mix of large-scale employers and forward-thinking startups nearby, the
region’s thriving economy and highly educated workforce provide an unparalleled backdrop for specialized medical providers.

Over the years, Fort Collins has earned a national reputation as a world-class community and is frequently listed as one of the best places to live, run a business, retire, innovate and more. Fort Collins has an impressive mix of large, medium, and small-size employers along with grassroots startups and forward-thinking entrepreneurs.

The region’s thriving economy, educated workforce, affordable cost of living, recreational opportunities and the lifestyle it offers are an unparalleled combination.

Listing Contacts

TA
CO 100066530
CBRE - Fort Collins
Listed by CBRE - Fort Collins

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Additional Information

Name
TJ Antinora
License
100066530
Brokerage
CBRE
Title
Vice President
Brokerage Address
3003 East Harmony Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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