Listed by Matthews
$7,348,010
VA Center
Details
Property Type Retail
Square Footage 26,516
Net Rentable (SqFt) 26,516
Cap Rate 9.10%
NOI $668,669
Remaining Term 1
Year Built 2002
Acreage 5.260
Lease Commencement 04/01/2022
Ground Lease No
Federally Backed VA Healthcare Investment — One of Only Two CLCs in Colorado
Investment highlights
• No Janitorial Expenses - Tenant takes care of all janitorial costs.
• One of two CLCs In Colorado - This is the only location on the east side of the state, with the next CLC being nearly six hours away in Grand Junction, CO.
• Population Growth - Near 10% population growth and doubling of households over the last two decades makes Pueblo a booming real estate market.
• Massive Veteran Population - It's estimated over 370,000 Veterans live in Colorado, with not a lot of CLC locations to support this need.
• Large Parcel - Situated on ±5.26 acres, there is plenty of room for the VA to expand down the line if needed, the property line extends beyond the fence.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$668,669.00
$55,722.42/mo
Valuation Metrics
0
DSCR
9.1%
Cap Rate
9.1%
ROI
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