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735 White Ave- Medical Office 735 White Ave 2,452 SF 4-Star Office Building Grand Junction, CO 81501 $811,000 ($330.75/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Credit-Rated Health System Tenant – Intermountain Health (Moody’s Aa1 | S&P AA+ | Fitch AA+; $17 B+ annual revenue, 33 hospitals, and 400+ clinics).
- Lease Structure: NNN – Tenant pays all operating expenses with limited landlord responsibilities.
- Market Growth Catalyst – Amazon’s new 38,000 SF last-mile delivery facility near Grand Junction Regional Airport (opened 2025)
- New 5-Year NNN Lease (Commencing Mar 2025) – Predictable income with 3 % annual increases and minimal landlord involvement.
- Civic & University Demand Drivers – The $70 M Grand Junction Community Recreation Center (opening 2026) and Colorado Mesa University ~10,000 students
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
2,452 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2022
Price
$811,000
Price Per SF
$330.75
Cap Rate
6.50%
NOI
$52,718
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,452 SF
Building FAR
0.40
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
MU-3 - Business district zoning
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (98)
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735 White Ave- Medical Office | 735 White Ave
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