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3245 E Highway 50
Canon City, CO 81212

$2,599,000 USD

Medical For Sale  •  13,721 SF

Property Details

  • Property Type Medical
  • Total Building Size 13,721 SF
  • Lot Size 1.57 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 8.07 %
  • Tenancy Multiple
40 Walk Score

Highlights

Brand-new roof installed in October 2023 plus over $80k in tenant improvements
Centura/CommonSpirit recently signed a 5-year lease extension
1,931 SF of vacant space provides lease-up upside
All three tenants have been at the property for 10+ years
Two leases include 2% and 3% annual rent increases
Located directly off Highway 50 with nearly 22,000 vehicles per day

Property Flyers

Financial Summary (Actual)

Net Operating Income: $209,816 USD (2025)
Cap Rate: 8.07 %

Major Tenants

Tenant SF Occupied Lease End Date
American Medical Response 4,400 SF 9/30/2029
Centura Health Urgent Care 4,990 SF 4/30/2031
China Garden 2,400 SF 7/31/2028

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 87
Type: Surface
Included in Rent: Yes
Bryn Feller 773-727-4285 Northmarq
Bryn Feller 773-727-4285 Northmarq