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Net Leased Medical 735 White Ave 2,452 SF 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
Medical
Building Size
2,452 SF
Building Class
B
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
Parking
18 Spaces (7.34 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Intermountain Health
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Intermountain Health | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (98)
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Net Leased Medical | 735 White Ave
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