Class A Medical Office
2975 Ginnala Dr Loveland, CO 80538
For Sale
Contact for pricing
2006-built, LEED Gold office building in an established Loveland medical office park setting with daylit interiors.
Property Size19,181 SF
Price / SF$228.09
Days on Market8
Property Features for 2975 Ginnala Dr
General Information
Standard status
Active
Size
19,181 SF
Property subtype
OFFICE
Listing Agency:
LC Real Estate Group
(970) 222-2473
Listed By:
Nathan Klein · License #IA.040043311
(970) 222-2473
Source:
Moodyscre
Added: Jul 22
Changed: Jul 29
Last Checked: Jul 29 at 3:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LC Real Estate Group
Investment Insights
Based on property information with market context.
Sundance Professional Centre is a 2006-built, continuously updated and meticulously maintained office building positioned within the Ginnala Drive office park. The building is LEED Gold certified and incorporates energy and water conservation features, including cool-roof materials, native low-water landscaping with irrigation design, and PV electricity contribution. Interiors are designed around daylighting, with a high percentage of daylit spaces and many offices offering views to outdoor areas, supported by an IEQ-focused HVAC system and a high-efficiency boiler.
The property is located in the core of Loveland and is easily accessible from 29th Street and Garfield Avenue, with Highway 287 about two blocks away. The surrounding area includes significant medical users such as Banner Health, Fresenius, and several independent medical and dental practices.
Tenant occupancy includes anchors Heartland Dental and Vance Thompson Vision Clinic, with additional second-floor professional tenants listed as Respec Engineering, First Tech Credit Union, and Tyschen Advisory Group. Walkable amenities include the Orchards Shopping Center, one block to the west, anchored by King Soopers, Ace Hardware, and Office Depot.
The property is located in the core of Loveland and is easily accessible from 29th Street and Garfield Avenue, with Highway 287 about two blocks away. The surrounding area includes significant medical users such as Banner Health, Fresenius, and several independent medical and dental practices.
Tenant occupancy includes anchors Heartland Dental and Vance Thompson Vision Clinic, with additional second-floor professional tenants listed as Respec Engineering, First Tech Credit Union, and Tyschen Advisory Group. Walkable amenities include the Orchards Shopping Center, one block to the west, anchored by King Soopers, Ace Hardware, and Office Depot.
Key Highlights
- Built in 2006 and continuously updated; LEED Gold certified office building in Loveland’s established Ginnala Drive office park
- Energy and water savings features include cool‑roof materials, native low‑water landscaping/irrigation design, and 5.6 kWh PV electric contribution
- 75% daylit interior spaces with 90% having views to outdoor spaces, plus IEQ‑focused HVAC and a high‑efficiency boiler system
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $482.8k | $25.17 |
| − Vacancy | −$21.7k | −$1.13 |
| EGI | $461.1k | $24.04 |
| − OpEx | −$184.4k | −$9.61 |
| NOI | $276.6k | $14.42 |
19,181 SF · lease $25.17/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$3.95M
$3.46M – $4.61M
NOI $276,636 @ 7.0% cap · market cap 6.32%
Second Best
Office B
$3.88M
$3.40M – $4.53M
NOI $271,904 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$5.15M
$4.50M – $6.01M
NOI $360,394 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 2006-built, LEED Gold office building in an established Loveland medical office park setting with daylit interiors.
Where is this office building located?
The property is located at 2975 Ginnala Dr Loveland, CO.
What is the asking price?
The asking price for this property is $4,375,000.
What are key features of this property?
This property features: Built in 2006 and continuously updated; LEED Gold certified office building in Loveland’s established Ginnala Drive office park; Energy and water savings features include cool‑roof materials, native low‑water landscaping/irrigation design, and 5.6 kWh PV electric contribution; 75% daylit interior spaces with 90% having views to outdoor spaces, plus IEQ‑focused HVAC and a high‑efficiency boiler system
