Turn-Key Medical and Surgical
For Sale
$4,250,000
4450 Union St Various, Johnstown, CO 80534
Exceptional medical facility in Northern Colorado with high-end finishes.
Property Size13,687 SF
Days on Market183
Property Features for 4450 Union St Various
General Information
Standard status
Active
Size
13,687 SF
Property subtype
Commercial
Building Details
Building Size
13,687 SF
Year Built
2008
Listing Agency:
LC Real Estate Group, LLC
Listed By:
Jerico Devlin · License #100054831
(970) 413-1182
Source:
Elliman
Added: Apr 15
Changed: Oct 12
Last Checked: Oct 12 at 7:50PM
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, LLC
Investment Insights
Based on property information with market context.
This medical and surgical facility, constructed in 2008, is located off Interstate-25 and Highway 34 in Johnstown, providing accessibility to Loveland, Fort Collins, Windsor, Greeley, and Longmont. The property features custom tilework, millwork, wainscoting, and architectural details. The layout includes two main-level suites that can be combined for clinical and surgical services or separated for distinct medical practices. The second floor is fully leased to Front Range Neurology and Edward Jones. The property is located near the $280 million expansion of UC Health Medical Center of the Rockies. The location offers synergy from the proximity to the regional Level I trauma center. The second-floor tenants contribute $163k per year of gross income.
Key Highlights
- Turn‑key medical and surgical facility with Class‑A finishes built in 2008.
- Strategic location off Interstate‑25 and Highway 34, providing accessibility to multiple growing Northern Colorado communities.
- Second floor is fully leased to Front Range Neurology and Edward Jones, generating $163k/year of gross income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,612
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,492,240
$3.5M
Cap Rate 7%
$2,494,457
$2.5M
Cap Rate 9%
$1,940,133
$1.9M
Market Conditions
NOI Build-Up for 13,687 SF
Gross rent
$246.4K $18.00/SF
− Vacancy
−$13.6K −$0.99/SF
EGI
$232.8K $17.01/SF
− OpEx
−$58.2K −$4.25/SF
NOI
$174.6K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,492,240
Cap Rate 7%
$2,494,457
Cap Rate 9%
$1,940,133
Alternative Uses
Best Use
Office B
$2.49M
$2.18M – $2.91M
NOI $174,612 @ 7.0% cap · market cap 4.11%
Second Best
Healthcare Medical
$167.6K
$146.6K – $195.5K
NOI $11,731 @ 7.0% cap · market cap 0.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80534, CO
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- The Cat Doctor — 4855 A Thompson Pkwy, Johnstown, CO 80534
Frequently Asked Questions
What type of property is this?
Medical Office Space - Exceptional medical facility in Northern Colorado with high-end finishes.
Where is this medical office space located?
The property is located at 4450 Union St Various Johnstown, CO.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Turn‑key medical and surgical facility with Class‑A finishes built in 2008.; Strategic location off Interstate‑25 and Highway 34, providing accessibility to multiple growing Northern Colorado communities.; Second floor is fully leased to Front Range Neurology and Edward Jones, generating $163k/year of gross income.
