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Investment Highlights

  • 1. Absolute Net Lease — Zero Landlord Responsibilities True passive, bond-like income stream
  • 3. Largest National Plasma Services Operator - BioLife operates more than 200 plasma collection centers across North America
  • 5. Recession-Resistant, Needs-Based Healthcare Use - Plasma collection is a non-discretionary, FDA-regulated medical use
  • 2. Investment-Grade Tenant — Backed by Takeda (NYSE: TAK) BioLife Plasma Services is a wholly-owned subsidiary of Takeda Pharmaceutical.
  • 4. Long-Term Operating History — Tenant In Place Since 2015 BioLife has continuously operated at this location for 10+ years
  • 9. Functional 3-Acre Site with 124 Parking Stalls Generously sized parcel with parking ratios well above retail/medical norms

Executive Summary

Riverwest Real Estate Group is pleased to present the exclusive sale of a 16,694 SF BioLife Plasma Services facility on 3 acres at 478 S. Martin Street in Longmont, Colorado. The property is leased on an absolute net basis with zero landlord responsibilities, providing a true passive, bond-like income stream. BioLife — a wholly-owned subsidiary of Takeda Pharmaceutical (NYSE: TAK) and the largest national plasma collection operator with 200+ locations — has been in occupancy since 2015, demonstrating a 10+ year operating history at this location. The lease, guaranteed by investment-grade Baxalta, Inc., has 4.5 years remaining on the base term, features 3% rent escalations every three years (next bump October 2027), and includes three 5-year renewal options. The purpose-built, all-brick 2015-construction facility includes specialized labs, medical rooms, and 124 parking stalls supporting BioLife's high-volume donor model. Strategically positioned in the high-growth Denver/Boulder MSA along the US-287 corridor at the signalized intersection of Ken Pratt Blvd & S. Martin Rd. (58,693 VPD combined).

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
16,694 SF
Building Class
A
Year Built
2015
Price
$12,256,688 CAD
Price Per SF
$734.20 CAD
Cap Rate
6.75%
NOI
$827,530 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,694 SF
Building FAR
0.13
Lot Size
3.00 AC
Zoning
MU-R - Mixed-Use Regional Center
Parking
124 Spaces (7.43 Spaces per 1,000 SF Leased)

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

BioLife Plasma Services, a part of the global biopharmaceutical company Takeda, stands as a leader in plasma donation services worldwide. With the powerful mission of "changing lives together, one donation at a time," BioLife facilitates the collection of high-quality plasma, a critical component in developing life-saving therapies. Founded in 2002, BioLife Plasma Services has been at the forefront of the industry for over two decades. The company operates numerous state-of-the-art plasma collection facilities conveniently located across both the United States and Europe, ensuring a widespread and efficient donation network.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
1315112-01-003
Land Assessment
$450,981 CAD
Improvements Assessment
$1,336,035 CAD
Total Assessment
$1,787,015 CAD
  • Listing ID: 40853490

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: 478 S Martin St, Longmont, CO 80501

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