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22242691
22242690

2474 Patterson Rd, Grand Junction, CO 81505

TE
CO CO FA100006764
Venture Group
Listed by Venture Group
$6,500,000
448 days on market
Updated 76 days ago
Opportunity zone

2474 Patterson Rd

Details
Property Type Office
Sub Type Executive Office
Square Footage 21,805
Net Rentable (SqFt) 18,077
Cap Rate 6.00%
NOI $390,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Keller Williams, Major Mortgage
Lease Type NNN
Lease Term 2
Lease Options One 5-Year Option
Class A
Year Built 2008
Stories 2
Acreage 1.820
Zoning MU-2
Parking Spaces 75 spaces
Parking Per SqFt 3.44

Prime Class "A" Office space

Marketing description

This property offers a prime office location along the bustling Patterson Road corridor, strategically positioned between St. Mary’s Hospital and Community Hospitals. With 21,805 square feet of office space spread across two floors, this building sits on 1.82 acres, providing ample parking options both at the front and rear. Currently, 9,156 rentable square feet of the space is leased to a real estate company, with lease terms available upon request. This offers immediate income potential for investors. With its prime location, spacious layout, and potential for further lease or customization, this property is an excellent opportunity either as a solid investment or as a headquarters for your corporation. Seller would propose a lease back up to 8,921 square feet of the second floor.

Offered by:

Stacey Cook
Broker Associate
Hill and Homes Commercial
970-241-7653 Office
970-250-4663 Cell
[email protected]

Theresa Englbrecht
Bray Commercial
Cell:
970.201.1849
Direct: 970.263.2951
Email: theresa@brayandco.com


Investment highlights

  • 1.82 acres with great views of the Monument and Bookcliffs
  • Plentiful parking with over 75 parking spaces
  • Great surrounding business community with a mix tenant uses
  • First Floor 11,020 SF, 9,156 SF Rentable
  • Second Floor 10,875 SF, 8,921 SF Rentable

Listing Contacts

TE
CO CO FA100006764
Venture Group
Listed by Venture Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$390,000.00
$32,500.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Theresa Englbrecht
License
CO FA100006764
Brokerage
Venture Group
Title
Commercial Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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