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Executive Summary

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.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit D
  • 1,366 SF
  • Office/Medical
  • $469,786 CAD ($343.91 CAD/SF)
  • $33,657.82 CAD
Sale Type Investment
Cap Rate 7.16%
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.
Unit Unit Size Condo Use Price NOI
Unit D 1,366 SF Office/Medical $469,786 CAD ($343.91 CAD/SF) $33,657.82 CAD

Unit D

Unit Size
1,366 SF
Condo Use
Office/Medical
Price
$469,786 CAD ($343.91 CAD/SF)
NOI
$33,657.82 CAD

Unit D

Unit Size 1,366 SF
Condo Use Office/Medical
Price $469,786 CAD ($343.91 CAD/SF)
NOI $33,657.82 CAD
Sale Type Investment
Cap Rate 7.16%
Description
Single tenant NNN lease investment. New 5-year renewal option with 3% YOY escalators.</li></ul>
Sale Notes
Single tenant NNN lease investment. New 5-year renewal option with 3% YOY escalators.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 5,940 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class C
Floors 1
Typical Floor Size 1,366 SF
Year Built 1986
Lot Size 0.10 AC
Zoning R3

Amenities

  • Signage
  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
60/100
  • Listing ID: 41793375

  • Date on Market: 2026-08-18

  • Last Updated:

  • Address: 2020-2030 Blue Mesa Ct, Loveland, CO 80538

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