516 28 Rd - Office FOR SALE


Grand Junction, CO 81501
$3,800,000 USD
970-241-2909
516 28 Rd, Grand Junction, CO for Sale
$3,800,000 USD
Office - FOR SALE
1/43
null | Request Cap Rate

NEW


516 28 Rd
Grand Junction, CO 81501


HIGHLIGHTS

  • • An open waiting area
  • • 32 private offices (including a coworking office with five stations)
  • • 2 breakrooms, one featuring a full kitchen with modern appliances (fridges, dishwasher, built-in microwave, stove/oven, seating area)
  • • 4 separate ADA-compliant restrooms (2 men’s and 2 women’s)

OVERVIEW

The GSD Broker Team is pleased to present the opportunity to acquire 516 28 Road, a highly visible, well-located property offering a 12,360 Sq. Ft. free-standing building on a 1.45-acre lot. This property features direct access from 28 Road and is equipped with ample parking and modern amenities. Originally designed as a bank branch, the building includes: • A 3-car drive-thru lane • A 1-car ATM drive-thru lane • 48 parking spaces, including 2 ADA-compliant spots The thoughtfully designed interior with spacious main floor plan includes: • An open waiting area • 5 built-in teller stations (serving up to five customers simultaneously) • 32 private offices (including a co-working office with five stations) • 2 lobby workstations • 2 breakrooms, one featuring a full kitchen with modern appliances (fridges, dishwasher, built-in microwave, stove/oven, seating area, cabinetry, and countertops) • 4 separate ADA-compliant restrooms (2 men’s and 2 women’s) • A training center/conference room • Copier and storage room (with built-in cabinetry and countertops) • A supply room and additional storage spaces • A secure bank vault • Security cameras and fire alarm system Situated in a dense commercial and residential area surrounded by apartments and local, regional, and national brands, this property presents an ideal opportunity for investors and/or owner-users alike, suitable for businesses in banking, accounting, legal services, or other professional uses. It is conveniently located just 0.15 miles from North Avenue and less than a mile from key destinations such as Lincoln Park, Red Cliff Pointe Shopping Center, the VA Hospital, Dollar Tree, Big 5 Sporting Goods, U-Haul Moving & Storage, and more. Tenant in place. Lease terms 3,000 S/F, $3,750 Mo Base ($15.00 S/F), Tenant pays prorated property tax, utilities insurance, and maintenance. Lease space includes branch, drive through teller lines and vault.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

MU-1

APN/PARCEL ID

2943-073-25-022

ASK ABOUT THIS PROPERTY

Katie DavisBray & Co. CommercialMore Info
970-241-2909

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Katie DavisBray & Co. CommercialMore Info
970-241-2909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.