• Reserve Medical Center - Value Add Medical Office Investment Opportunity | 2875 Tina Avenue - 2875 Tina Ave, Missoula, MT 59808

For Sale

Office
Medical Office

For Sale

This property is available for sale
2.8
Acres
$7,100,000
Sale Price
  • Year Built
    2000
  • Total Building Size
    40,170 RSF
  • Overview

    North Reserve corridor; five (5) minutes south of I-90 interchange, two (2) minutes north of Mullan Rd intersection. Sterling CRE Advisors is pleased to present the Reserve Medical Center, a state of the art multi-tenant medical office building located in fast growing Missoula, Montana. Originally designed as a cancer research center, the first floor now features 24,372 SF of modern medical office space. High ceilings, natural light and premium materials create inviting spaces for medical practices. A built-in compressed oxygen system and an RFID entry system make the building user friendly and secure. Approximately 84.5% of the main floor is leased to long term NNN tenants including Providence Health Services (AA3), Five Valleys Urology and Three Rivers Physical Therapy. The beautifully landscaped grounds include heated sidewalks for patient convenience and safety. Ample parking and a portico add to the accessibility. The building is located off of North Reserve Street, Missoula's main retail corridor. It is centrally located within 10 minutes of many of the region's main medical clinics and hospitals. The building includes approximately 14,864 SF of shell space in the lower level that can be built out as additional office or lab space. This building presents investors the opportunity to obtain a high quality medical building--well below replacement cost--with quality tenants while retaining value-add options for enhanced future cash flow. Finish the build-out of the lower level for office, lab or conditioned storage to meet market demand for any of these categories. Additionally, this space would work for an owner-occupier that desires additional revenue to offset mortgage payments. See Documents Tab for access to financials, leases, floor plans and other essential property information.

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Property Details

North Reserve corridor; five (5) minutes south of I-90 interchange, two (2) minutes north of Mullan Rd intersection. Sterling CRE Advisors is pleased to present the Reserve Medical Center, a state of the art multi-tenant medical office building located in fast growing Missoula, Montana. Originally designed as a cancer research center, the first floor now features 24,372 SF of modern medical office space. High ceilings, natural light and premium materials create inviting spaces for medical practices. A built-in compressed oxygen system and an RFID entry system make the building user friendly and secure. Approximately 84.5% of the main floor is leased to long term NNN tenants including Providence Health Services (AA3), Five Valleys Urology and Three Rivers Physical Therapy. The beautifully landscaped grounds include heated sidewalks for patient convenience and safety. Ample parking and a portico add to the accessibility. The building is located off of North Reserve Street, Missoula's main retail corridor. It is centrally located within 10 minutes of many of the region's main medical clinics and hospitals. The building includes approximately 14,864 SF of shell space in the lower level that can be built out as additional office or lab space. This building presents investors the opportunity to obtain a high quality medical building--well below replacement cost--with quality tenants while retaining value-add options for enhanced future cash flow. Finish the build-out of the lower level for office, lab or conditioned storage to meet market demand for any of these categories. Additionally, this space would work for an owner-occupier that desires additional revenue to offset mortgage payments. See Documents Tab for access to financials, leases, floor plans and other essential property information.

  • Property Type
    Office, Medical Office
  • Year Built
    2000
  • Sale Price
    $7,100,000
  • Total Building Size
    40,170RSF
  • Total Acres
    2.8
  • Number of Floors
    1
  • Building Class
    A
  • Sale Status
    Available
  • Last updated
    Jan 04, 2022
  • Property ID
    1423522

Landlord's Sales Representatives

  • Sterling CRE Advisors
    Sterling CRE Advisors
     
  • connor@sterlingcreadvisors.com