About This Home
This 0-bedroom, 0-bathroom commercial at 2940 I-70 Business Loop in Grand Junction, CO is listed for $1,485,000. on a N/A lot.
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 offices, 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 projected 7% cap rate, presenting an attractive value-add opportunity for both owner-users and investors.
Monthly Cost Estimate
$7,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2940 I-70 Business Loop
Grand Junction, CO 81504
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2940 I-70 Business Loop is listed at $1,485,000. The estimated monthly payment is $7,942 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by Brian Bray and can be reached at 9709860446.
