360 Peak One DrFrisco, CO 80424

This exceptional Class A, 41,105 square foot medical office building in Frisco, Colorado presents a compelling stabilized investment opportunity. The property boasts 89.37% occupancy across ten medical office condominiums, with eight tenants, including credit-rated anchors CommonSpirit and Vail-Summit Orthopaedics, occupying 78.04% of the space. A weighted average lease term (WALT) of 6.4 years ensures stable cash flow. The current Net Operating Income (NOI) stands at $1,157,896, projected to increase to $1,243,741 in year one. Built in 2005, this three-story building sits on a 139,392 square foot lot and offers ample parking (328 spaces per 1,000 sq ft). The property benefits from a ground lease expiring August 31, 2108 (84 years remaining). Located one block south of Highway 9 and one mile southeast of Main Street in Frisco, this medical office building is part of the St. Anthony Summit Medical Center campus, a Level III trauma center, providing exceptional visibility and access. The property is zoned for office/medical use and features a NNN lease structure with rent bumps varying per tenant. This is a rare chance to acquire a high-quality, well-located medical office building in a thriving Colorado market. The property's strong tenant base, long-term leases, and strategic location make it an attractive investment for discerning buyers.