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916 Indiana Ave 9,412 SF Vacant Office Building Pueblo, CO 81004 $1,343,000 ($142.69/SF) 7.28% Cap Rate
Investment Highlights
- ±9,412 SF Medical Office NNN Investment with 8.5% Cap Rate
- Built out for medical use and located 1 block from hospital
- 74 Unreserved parking spaces
- NNN Investment Ideal for 1031 Exchange
- Each unit has separate gas and electric meters
- Located in Opportunity Zone
Executive Summary
±9,412 SF Medical Office NNN Investment with 8.5% Cap Rate
NNN Investment Ideal for 1031 Exchange
Sale Price: $1,343,000 | Price/SF: $142.69
Looking for an easy to manage investment at a fantastic return rate? Welcome to 916 Indiana Avenue, a well-positioned medical office building in Pueblo, Colorado. This building is ideal for a 1031 Exchange and offers professional tenants with long-term leases in a well maintained environment.
±9,412 SF built out for medical use
74 Unreserved parking spaces
NNN Expenses: $6.10/SF (2026)
Each unit has separate gas and electric meters
Zoning: O-1, Pueblo
Built: 1998
1.81 Acre Lot
Construction: Masonry
Located in Opportunity Zone
Location offers quick access to I-25
2 Blocks from St. Mary-Corwin Hospital
Located in the Opportunity Zone
Multi-tenant professional plaza
Medical use ready building
Just 1 minute to I-25
Abundant parking
NNN Investment Ideal for 1031 Exchange
Sale Price: $1,343,000 | Price/SF: $142.69
Looking for an easy to manage investment at a fantastic return rate? Welcome to 916 Indiana Avenue, a well-positioned medical office building in Pueblo, Colorado. This building is ideal for a 1031 Exchange and offers professional tenants with long-term leases in a well maintained environment.
±9,412 SF built out for medical use
74 Unreserved parking spaces
NNN Expenses: $6.10/SF (2026)
Each unit has separate gas and electric meters
Zoning: O-1, Pueblo
Built: 1998
1.81 Acre Lot
Construction: Masonry
Located in Opportunity Zone
Location offers quick access to I-25
2 Blocks from St. Mary-Corwin Hospital
Located in the Opportunity Zone
Multi-tenant professional plaza
Medical use ready building
Just 1 minute to I-25
Abundant parking
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
9,412 SF
Building Class
B
Year Built
1998
Price
$1,343,000
Price Per SF
$142.69
Cap Rate
7.28%
NOI
$97,750
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,412 SF
Building FAR
0.12
Lot Size
1.81 AC
Opportunity Zone
Yes
Zoning
O1 - O1 - Pueblo
Parking
44 Spaces (4.67 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1-5-12-3-22-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $96,740 |
Property Taxes
Parcel Number
1-5-12-3-22-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$96,740
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