4650 Signal Tree Dr Windsor, CO 80547
This exceptional investment opportunity presents a 4,778 square foot Class B medical office condo in Timnath, Colorado, currently 100% occupied by a credit-rated tenant, Banner Health, under a NNN lease. The asking price is $2,478,000, representing a 6.75% cap rate and a price per square foot of $518.63. The property boasts a Net Operating Income (NOI) of $167,276 and features 12 exam rooms, a nurses' station, a break room, and a backup generator. Built in 2018, this single-tenant building sits on a 5.41 parking spaces per 1,000 square feet lot and is zoned CC. The lease commenced April 1, 2021, with a current remaining term of approximately 1.4 years, followed by two 3-year renewal options. The property enjoys a prime location within a synergistic shopping center alongside complementary businesses and benefits from excellent accessibility via E. Harmony Rd and proximity to major retailers and residential developments. Timnath's rapid population growth, with a 38.7% increase between July 2020 and July 2022, and high average household incomes exceeding $200,000 within a one-mile radius, further enhance the investment potential. This stabilized investment offers a compelling combination of strong tenant credit, high occupancy, and significant growth potential in a thriving Colorado market. The APN is 86022-18-200.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.