
2940 I-70 Business Loop
Flex | 9,000 SqFt
Marketing description
Excellent investment opportunity to purchase a 9,000 SF multi-tenant commercial property situated on 0.60 acres with C-2 zoning, allowing for a wide variety of commercial and light industrial uses. Located along the I-70B frontage road, the property offers excellent visibility from I-70B, ample paved parking, and convenient access to 29 Road and North Avenue. Constructed of durable masonry in 1976, the property consists of five office, flex, and shop units with 10’ overhead doors, providing the flexibility to occupy available space while benefiting from income generated by existing tenants. One space is currently vacant: a 2,800 SF office suite (Unit #1A) offered for lease at $12.45/SF/Year + NNN, while the remaining units are occupied by NNN tenants. Based on full occupancy, the property offers a pro forma Net Operating Income (NOI) of $105,018 and a projected 7% cap rate, presenting an attractive value-add opportunity for both owner-users and investors.
Investment highlights
- Multi-tenant office/flex/shop property
- 9,000 SF total building size
- 0.60-acre C-2 zoned lot
- I-70 visibilty and frontage location
- Offers rental income
- Available space for owner-user occupancy
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