$1,900,000 | 6.72% Cap Rate | 6,185 SF Net Lease Medical Office
LC Real Estate Group is pleased to present the opportunity to purchase a multi-tenant net lease medical office building anchored by a long standing regional pharmacy with new ten year lease and a corporate guarantee known as Good Day Pharmacy.
The Good Day Pharmacy building located in a highly desirable area of central Loveland on the southwest corner of North Boise Avenue and East 21st Street, directly across the street from McKee Medical Center, a major area hospital operated by Banner Health. East Eisenhower Boulevard,
with traffic counts of over 39,000 per day, is the main east-west six lane arterial road that connects Interstate 25 to the east and US Highway 287 to the west and is due south of the property.
Good Day Pharmacy building is a 6,185 SF two-story medical office building constructed in 1984 and has been updated several times during the life of the building. Good Day Pharmacy leases 2,600 SF of space and has occupied the building since 1988 along with Loveland Youth Clinic, which leases 3,585 SF of space and has occupied the building since 2003.
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