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38619 Boulder Canyon Dr - Sandstone Care | New 15yr Corp NNN 13,259 SF Health Care Building Offered at $20,864,287 CAD in Boulder, CO 80302

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INVESTMENT HIGHLIGHTS

  • 15+ Years Remaining | Corporate Guaranteed | Scheduled Increases | Options To Extend | Major Renovations
  • Sandstone Care | Acquired by The Vistria Group ($11B in AUM)
  • NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Boulder, Colorado (105,000+ Residents) | Six-Figure Average Household Incomes

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, recently remodeled, Sandstone Care investment property located in Boulder, Colorado. The tenant, Sandstone Care Cos, LLC, has 15+ years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features variable rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal investment opportunity for a passive investor. In addition, in July of 2025, the property completed major exterior and interior renovations to the improvements at an approximate cost of $10 million.

PROPERTY FACTS

Price $20,864,287 CAD
Price Per Bed $20,864,287 CAD
Sale Type Investment
Property Type Health Care
Property Subtype Rehabilitation Center
Building Class B
Lot Size 12.44 AC
Building Size 13,259 SF
No. Beds 1
No. Stories 2
Year Built/Renovated 1900/2025
Parking Ratio 1.8/1,000 SF
Zoning (F) - Forestry

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1461340-00-022
Land Assessment
$778,929 CAD
Improvements Assessment
$721,928 CAD
Total Assessment
$1,500,856 CAD
  • Listing ID: 37254604

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 38619 Boulder Canyon Dr, Boulder, CO 80302

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