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Monument Retail 950 W Baptist Creek Rd 4,950 SF 100% Leased Retail Building Monument, CO 80132 $3,125,000 ($631.31/SF) 5.77% Cap Rate
Executive Summary
100% Occupied 2-Tenant Pad; Low Rents | King Soopers Shadow-Anchored | Affluent Demographics; $211,900+ AHHI
Two-Tenant NNN Retail Investment Shadow-Anchored by a King Soopers Grocery-Anchored Center (1 Million Annual Visits, Top 8% in Colorado within Grocer Category, Placer.ai):
Corporate PDS Health:
Recent expansion and lease extension in 2024, showing the tenants commitment to the location
PDS Health would like to expand into the Noel Chiropractic space
High-volume site (contact broker for more information)
3% annual increases (next increase August 2026)
Two 5-year options with 3% annual increases
PDS Health is one of the nation’s largest private dental companies with over 1,000 locations in 24 states, and plans to add more
Noel Chiropractic:
5-year lease; 1 year remaining
One 5-year option at 3% annual increases
Low Rents for Newer Construction Grocery Store Outparcel: The PDS Health lease was signed in 2016 before increase in construction cost; low rent when
compared to similar newer construction properties
High-Traffic Location Surrounded by Major New Developments:
Located just off the hard, signalized intersection of Baptist Road and Jackson Creek Parkway, with 25,800 CPD
Within 1.5 miles of the future Forest Lakes development, a master-planned community spanning over 1,000 acres and planned for more than 500 homes, along with a 275-acre retail, office, and industrial business park
Across the street from a future 40-acre residential development
Just south of Legacy at Jackson Landing, a new retail center located along I-25 near Home Depot, anchored by a 129,000-square-foot national tenant
Affluent, High-Growth Demographics:
$211,918 AHHI within a 1-mile radius of the subject property
Over 64% population growth from 2010 to 2025 within a 1-mile radius
Two-Tenant NNN Retail Investment Shadow-Anchored by a King Soopers Grocery-Anchored Center (1 Million Annual Visits, Top 8% in Colorado within Grocer Category, Placer.ai):
Corporate PDS Health:
Recent expansion and lease extension in 2024, showing the tenants commitment to the location
PDS Health would like to expand into the Noel Chiropractic space
High-volume site (contact broker for more information)
3% annual increases (next increase August 2026)
Two 5-year options with 3% annual increases
PDS Health is one of the nation’s largest private dental companies with over 1,000 locations in 24 states, and plans to add more
Noel Chiropractic:
5-year lease; 1 year remaining
One 5-year option at 3% annual increases
Low Rents for Newer Construction Grocery Store Outparcel: The PDS Health lease was signed in 2016 before increase in construction cost; low rent when
compared to similar newer construction properties
High-Traffic Location Surrounded by Major New Developments:
Located just off the hard, signalized intersection of Baptist Road and Jackson Creek Parkway, with 25,800 CPD
Within 1.5 miles of the future Forest Lakes development, a master-planned community spanning over 1,000 acres and planned for more than 500 homes, along with a 275-acre retail, office, and industrial business park
Across the street from a future 40-acre residential development
Just south of Legacy at Jackson Landing, a new retail center located along I-25 near Home Depot, anchored by a 129,000-square-foot national tenant
Affluent, High-Growth Demographics:
$211,918 AHHI within a 1-mile radius of the subject property
Over 64% population growth from 2010 to 2025 within a 1-mile radius
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,950 SF
Building Class
B
Year Built
2016
Price
$3,125,000
Price Per SF
$631.31
Cap Rate
5.77%
NOI
$180,300
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.62 AC
Zoning
PCD - Planned Commercial Development
Parking
19 Spaces (3.84 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Noel Chirporactic
- Health Care and Social Assistance
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
Founded in 1994, Pacific Dental Services (PDS) is one of the country’s leading dental support organizations, providing supported autonomy that enables dentists to concentrate on clinical excellence and the highest levels of cost-effective comprehensive patient care. PDS originated the Private Practice+® model to enable dentists to focus on their passion: serving patients. PDS also pioneered the concept of Modern Dentistry so that dentists are equipped to combine advances in the latest technology with the best operational practices and procedures, highly skilled support staff and a commitment to ongoing training and education.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Noel Chirporactic | Health Care and Social Assistance | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 71253-01-035 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $573,030 |
Property Taxes
Parcel Number
71253-01-035
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$573,030
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Monument Retail | 950 W Baptist Creek Rd
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