List Search

2020-2030 Blue Mesa Ct
Loveland, CO 80538 Loveland

$338,000 USD

Medical Condo For Sale  •  1,366 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,940 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1986
  • Tenancy Multiple
  • Zoning R3
0 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit D Medical Office 1,366 SF $338,000 USD
  • Unit Size: 1,366 SF
  • Condo Use: Medical Office
  • Price: $338,000 USD
  • Sale Type: Investment
  • Price/SF: $247.44 USD
Description
Single tenant NNN lease investment. New 5-year renewal option with 3% YOY escalators.

Sale Notes
Single tenant NNN lease investment. New 5-year renewal option with 3% YOY escalators.

Description

Triple Net Investment Opportunity — Medical/Office Condo

Realtec Commercial Real Estate Services is pleased to present a fully-leased, single-tenant NNN investment opportunity in the heart of Loveland's medical corridor. This 1,366 SF condo within the Blue Mesa Professional Building is 100% occupied by Bridge Health Clinic, a direct-pay functional medicine and primary care practice that has operated at this location since 2021.

The tenant recently executed a new 5-year lease renewal through March 2031, with 3% annual rent escalators built in, delivering immediate in-place income at a 7.17% cap rate ($24,216) growing to 7.60% ($25,691) by Year 3. As a true triple net lease, the structure offers a passive, low-management ownership experience with minimal landlord responsibilities.

The property sits within a well-established, low-vacancy office park anchored by medical and professional tenants, directly across from Banner McKee Medical Center — one of Loveland's primary healthcare hubs. The building benefits from strong daytime traffic, easy access via Boise Avenue, and proximity to Eisenhower Blvd's dense retail corridor (Walmart, Lowe's, Kohl's, and more), all within a submarket that has posted 6%+ population and household growth from 2021-2026.

This is a turnkey opportunity for a 1031 exchange buyer or private investor seeking stable, growing, tenant-covered income backed by a long-operating healthcare user in a supply-constrained Northern Colorado market.

Property Flyers

Amenities

  • Signage
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Erik Broman 970-229-9900 Realtec Commercial Real Estate Services
Erik Broman 970-229-9900 Realtec Commercial Real Estate Services