516 28 Rd - Office FOR SALE


Grand Junction, CO 81501
$3,200,000 USD
970-778-5083
516 28 Rd, Grand Junction, CO for Sale
$3,200,000 USD
Office - FOR SALE
1/43
null | Request Cap Rate

516 28 Rd
Grand Junction, CO 81501


OVERVIEW

Do not miss this 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, etc. Located 0.15 miles from North Avenue and less than a mile from Lincoln Park, Red Cliff Pointe Shopping Center, VA Hospital, Dollar Tree, Big 5 Sporting Goods, U-Haul Moving & Storage, and so much 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. Property Highlights - Exterior • Acreage: 1.45 • Surrounded By Dense Commercial & Residential • Drive Thru Lane: 3 • ATM Lane: 1 • Parking Spaces: 48 • ADA Parking Spaces: 2 • Pole Signage Interior • Square Footage: 12,360 • No Offices: 32 • No Bathrooms: 4 • No Teller Stations: 5 • No Breakrooms: 2 (1 Full Kitchen) • Training Center/Conference Room • Copier & Storage Room • Security System • Bank Vault • Fire Alarm • Strong Tenant In Place (3,000 S/F)

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

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
970-778-5083

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Katie DavisBray & Co. CommercialMore Info
970-778-5083

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