759 Horizon Drive, Grand Junction, CO 81506

$2,000,000

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Sold Price
$2,000,000
List Price
$2,000,000

Property Description

Premier commercial investment and owner user opportunity in one of Grand Junction’s most established and highly trafficked business corridors. Strategically located along Horizon Drive with convenient access to I-70 and surrounding commercial amenities, the property benefits from exceptional visibility and strong daily traffic counts. The building offers a flexible and adaptable layout suitable for office, medical, retail, and multi-tenant configurations. Its design allows for customized interior build outs, providing operational flexibility for owner users or repositioning potential for future tenants. The property is currently 80% occupied, providing immediate income with additional income growth through leasing the remaining vacancies. The property is delivering an estimated 7.5% cash on cash return with the potential of an 11% return when fully occupied. Offering investors stable yield with future growth potential. The site features approximately 100 paved parking spaces, supporting high capacity occupancy and customer accessibility. In addition, a 0.56-acre dirt lot offers significant expansion potential. Ideal for build-to-suit development, additional income producing improvements, or installation of electric vehicle charging infrastructure to enhance long term asset value. This offering combines strong location fundamentals, ample parking, expansion capability, and versatile use potential, making it well positioned for both stable occupancy and future growth in the dynamic Grand Junction commercial market.

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Listing courtesy of MOUNTAIN VALLEY REAL ESTATE. Selling Office: .

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