Local Investor Acquires Medical Office Building In Montrose For $2.5 Million With The Boulder Group

The asset involved in the transaction is a single-tenant medical office building located at 2011 Market Street in Montrose, Colorado. The transaction was completed for a total price of $2,500,000, encompassing 20,000 square feet of space which equates to a price per square foot of $125.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $2,500,000
• Address: 2011 Market Street
• Market: Montrose, CO
• Square Footage: 20,000
• Price per Square Foot: $125

The Boulder Group acted as the intermediary in this transaction, facilitating the acquisition of the property by a local investor from a real estate firm based in the Midwest.