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    NavPoint Real Estate Group Sells Medical Office Asset in Colorado Springs for $7,200,000

    navpoint  /   April 9, 2021

    Colorado Springs, CO – NavPoint Real Estate Group is pleased to announce it has completed the sale of 1230 Tenderfoot Hill Road, a 27,510 RSF Medical Office Investment property located in south Colorado Springs, providing immediate I-25 access, convenient access to downtown Colorado Springs, and an abundance of amenities in the immediate area.

    This three-story, multi-tenant, medical office building was built in 2007, and boasts ample surface parking, and a diverse medical tenant mix. This property has class A finishes and is designed with a flexible floor plan that accommodates a variety of tenant size requirements. The exterior features mature landscaping and mountain views less than 5 minutes from the Broadmoor Hotel and Resort.

    The seller, 1230 Tenderfoot, LLC, was represented by Matt Call of NavPoint Real Estate Group. The buyer, HR Assets LLC, was represented by Peter Scoville of Cushman & Wakefield.

    “At nearly 100% medical tenancy and a great Southwest Colorado Springs location we had significant interest in 1230 Tenderfoot early on in the marketing process.  We were able to negotiate a deal quickly with the Buyer, Healthcare Realty Trust and close the transaction almost without a hitch.” commented Matt Call of NavPoint.

    This transaction successfully closed in April 2021.

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