Denver Health Care for Sale - Platte River
The Boulder Group and Blueprint Behavioral Healthcare Real Estate Advisors are pleased to collaborate and exclusively market for sale a single tenant net leased inpatient behavioral healthcare facility located in Denver, Colorado. The property is leased to Luna Health Group, under a 15-year initial term which was effective in 2024. Luna has a detailed capital plan to invest approximately $1,200,000 of their own capital into the real estate improvements. The lease is absolute triple net, requiring no landlord responsibilities, and includes 3% annual rent escalations throughout the primary term and two 5-year renewal options.
The facility is a 50-bed inpatient center designed to serve primarily Medicaid eligible substance abuse treatment clients within the downtown Denver MSA. This three-story building will feature a dedicated programming area on the ?rst ?oor, a combination of administrative offices and medical detoxi?cation services on the second ?oor, and residential inpatient rooms on the third ?oor. The property will include a commercial kitchen, gym, ample office and administrative space, as well as common areas designed for patient use. Patients will reside on-site for an average of 21–30 days in this sub-acute medical detoxi?cation and residential treatment center, which offers 24/7 nursing care, an on-site pharmacy, and comprehensive clinical and therapeutic programming. Healthcare services encompass medical and psychiatric care, intensive therapy, educational and recreational programming, and structured aftercare planning. Luna is already an accomplished, licensed provider of substance abuse treatment services in the Denver area and anticipates full certificate of occupancy in July 2026 for this building.
The property has great reversion value as it is strategically positioned along 22nd Street, which experiences approximately 30,000 vehicles per day, with immediate access to Broadway (44,000 VPD), and just one mile from Interstate 25 (272,000 VPD). Over 484,000 residents live within a five-mile radius, creating an affluent community with average household incomes exceeding $145,000. The location is approximately 10 minutes northwest of HCA HealthONE Presbyterian Saint Luke’s Hospital (680 beds) and just one mile northeast of the shared Auraria Campus, home to the University of Colorado Denver, Metropolitan State University of Denver, and Community College of Denver.
Luna Health Group is a behavioral health organization providing high-quality, client-centered treatment for substance use disorders across multiple states and locations including Colorado. Luna’s integrated care model unites medical, clinical, and operational excellence to create safe and effective recovery environments. The organization delivers a full continuum of care, including medical detoxification, residential treatment, partial hospitalization (PHP), intensive outpatient programs (IOP), and outpatient services with active facilities in Alaska, Indiana, and Colorado and additional expansion planned through 2026. Multidisciplinary teams of medical providers, licensed clinicians, case man-agers, group facilitators, and behavioral health technicians collaborate to support clients at every level of care.
