™ OFFERING MEMORANDUM HANGER CLINIC ANCHORED MEDICAL OFFICE 7251 W 20TH ST UNIT M | GREELEY, CO 80634 7.25% ±3 3% $68,795 CAP RATE YEARS REMAINING INCREASES NOI 1 | CONTENTS 03 EXECUTIVE OVERVIEW 09 FINANCIAL OVERVIEW 11 TENANT OVERVIEW 12 AREA OVERVIEW LISTED BY: KYLE MATTHEWS Broker of Record License No. EC.100070704 (CO) STANWOOD ROEDIGER Associate D: (818) 923-6116 M: (415) 686-9422 E:
[email protected] License No. 02122658 (CA) EXECUTIVE SECTION OVERVIEW 01 3 PROPERTY HIGHLIGHTS • Healthcare Real Estate - Healthcare properties are highly sought-after investments due to their resistance to economic downturns and e-commerce. • High-Quality Construction Medical Office – 7251 W 20th St was built in 2003 and has recently been LIST PRICE refurbished with a new roof. Additionally, the property is outfitted with a basement in Hanger Clinic’s suite that serves as a lab. $948,900 • Inflation-Protected Lease Structures – Hanger Clinic features rental increases of 3% annually and Transitions Psychotherapy Group features rental increases of $100 annually, providing an owner with a safeguard against inflation. LOCATION HIGHLIGHTS TOTAL NOI • Affluent Income Levels – The surrounding market is affluent with income levels well above the national average at approximately $126,459, $112,664, and $87,116 in the 1, 3, and 5-mile radii. $68,795.32 • Long-term Operational History – Hanger clinic has operated in this space for years, and it has proved to be one of their most successful locations nationally. The psychology group has been occupying the space for years as well, demonstrating their success within the market. • Hospital Proximity – The property benefits from extremely close proximity to a Banner Health Emergency Care building and various other medical offices.