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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
- -
- -
- -
PDS Health originated in 1994 as Pacific Dental Services in Southern California and became PDS Health in 2024. The company supports a nationwide network of dental and medical practices through business services and technology integration. PDS Health's model connects oral and systemic health using shared electronic records. The organization operates three divisions: Dental (general and specialty practices), Medical (primary care integration), and Technologies (healthcare IT solutions). PDS Health emphasizes preventive care through its Mouth-Body Connection approach and serves millions of patients annually through clinician partnerships focused on whole-person health.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Noel Chirporactic | Health Care and Social Assistance | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
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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