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735 White Ave- Medical Office 735 White Ave 2,452 SF 4-Star Office Building Grand Junction, CO 81501 $1,116,998 CAD ($455.55 CAD/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Credit-Rated Health System Tenant – Intermountain Health (Moody’s Aa1 | S&P AA+ | Fitch AA+; $17 B+ annual revenue, 33 hospitals, and 400+ clinics).
- Lease Structure: NNN – Tenant pays all operating expenses with limited landlord responsibilities.
- Market Growth Catalyst – Amazon’s new 38,000 SF last-mile delivery facility near Grand Junction Regional Airport (opened 2025)
- New 5-Year NNN Lease (Commencing Mar 2025) – Predictable income with 3 % annual increases and minimal landlord involvement.
- Civic & University Demand Drivers – The $70 M Grand Junction Community Recreation Center (opening 2026) and Colorado Mesa University ~10,000 students
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,452 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$1,116,998 CAD
Price Per SF
$455.55 CAD
Cap Rate
6.50%
NOI
$72,609 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,452 SF
Building FAR
0.40
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
MU-3 - Business district zoning
Parking
18 Spaces (7.34 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Intermountain Health
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Intermountain Health | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
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Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (98)
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735 White Ave- Medical Office | 735 White Ave
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