For Sale
$2,715,350

1526 Oakridge DrFort Collins, CO 80525

High-yield, 100% occupied medical office

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 6,425 square foot medical office building, situated on a 1.48-acre lot in Fort Collins, Colorado, presents a compelling investment opportunity. Built in 2003 and renovated in 2018, the single-story property boasts 64 parking spaces and is zoned HC - Harmony Corridor. Currently 100% occupied by a Fresenius Kidney Care facility under a corporate lease guaranty with a remaining term of 4+ years, and three 5-year options to extend. The property generates a strong NOI of $162,921, representing a 6.00% cap rate at an asking price of $2,715,350 ($422.62/sq ft). The tenant, a publicly traded company (FMS) with a market cap exceeding $16.37 billion, provides exceptional financial stability and long-term growth potential. Rent bumps are included in the lease agreement. This is a rare opportunity to acquire a high-quality, fully leased medical office building in a desirable location with significant upside potential.

Highlights

  • Corporate lease guaranty with 4+ years remaining.
  • Three 5-year lease extension options.
  • Publicly traded tenant (FMS) with a $16.37B market cap.

Property Details for 1526 Oakridge Dr

Property type
Office properties, Medical offices
Square Feet
6,425 SF
Year Built/Renovated
2003/2018
Buildings
1
Stories
1
Lot Size (sq. ft)
64,469 SF
Units
1

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.52352741484
Longitude
-105.05091159275
1526 Oakridge Dr, Fort Collins, Colorado

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1526 Oakridge Dr
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