5265 Ronald Reagan BlvdJohnstown, CO 80534

Property Details for 5265 Ronald Reagan Blvd

Year built

2016

Construction

WOOD FRAME

Lot size

0.17 AC

Property size (Sq ft)

4,976 SF

Property type

Office properties

Property subtype

Office buildings

APN

85151-29-006

APU

8515129006

Description

This exceptional Class A medical office space, totaling 4,769 square feet, is available for lease in the prestigious Ridgeview Office Park in Johnstown, Colorado. Located on the second floor of a beautifully designed, two-story building constructed in 2016, this space offers a blend of private offices and open floorplan workspace, perfect for a variety of medical practices. The suite includes a dedicated conference room, a convenient break room, and stunning mountain views from west-facing balconies. Restrooms are located in the common area. The property features a total of 4,976 square feet, with 210 and 212 units available, offering flexibility for divisible space. The building boasts high-quality construction and a distinctive architectural design. Its strategic location provides excellent access to I-25 and Highway 34, placing it within easy reach of major transportation arteries. Furthermore, the Ridgeview Office Park enjoys a prime location near a wealth of retail establishments, including Scheels, Hobby Lobby, and At Home, as well as popular restaurants such as Bonefish Grill, ensuring convenience for both staff and clients. The lease rate is $19.50 per square foot, NNN, with NNN charges of $12.00 per square foot. The property's APN is 8515129006 and is zoned for commercial use. This is a rare opportunity to secure a high-quality, well-located medical office space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,188,890

  6.5%

  $1,097,437

  7%

  $1,019,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,306,637

  Geo Method

  $411,117

• Alternative Use

  Use

  Valuation

  Residential

  $1,360,822

  Hospitality

  $1,246,505

  Educational

  $1,037,078

  Medical

  $1,072,744

  Retail

  $1,613,232

Location Insight

City

Johnstown

County

Larimer

State

Colorado

Latitude

40.404

Longitude

-104.988

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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