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700 Belford Ave 18,588 sq ft 100% Let Office Property Grand Junction, CO 81501 £3,046,029 (£163.87/sq ft) 8.15% Net Initial Yield
INVESTMENT HIGHLIGHTS
- 8.15% CR
- 100 % Leased
- Free Standing on Hard Corner
- $330,012 NOI
- Strong Tenant Mix
- Great Visibility with lots of parking
EXECUTIVE SUMMARY
• Excellent location in a growing business hub
• Strong potential for rental income
• Surrounded by restaurants, banks, and retail services
• Strong Tenant Mix
• Long-term leases in place with renewals
• 100% leased
• Strong potential for rental income
• Surrounded by restaurants, banks, and retail services
• Strong Tenant Mix
• Long-term leases in place with renewals
• 100% leased
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Property Size
18,588 sq ft
Costar Property Class
B
Year Built
2004
Price
£3,046,029
Price per sq ft
£163.87
Yield
8.15%
NOI
£248,204
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
6,196 sq ft
Floor To Floor Height
13 ft
Plot ratio
0.72
Total Plot Size
0.59 ac
Opportunity Zone
Yes
Use Class
MU-2 - Office, Business, Professional, Medical Office
Parking
54 Spaces (2.91 Spaces per 1,000 sq ft Leased)
AMENITIES
- Conferencing Facility
- Skylights
- Atrium
- Partitioned Offices
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
- -
- -
-
Lorem Ipsum
-
Jan 0000
Fidelity Mortgage Company was founded with the philosophy that the customer should always come first in mortgage lending. Since our doors opened in 1986, our unique customer first approach has propelled Fidelity Mortgage Company to the forefront of the mortgage lending industry in Grand Junction, Western Colorado and Utah. Fidelity Mortgage credits much of our success to our education of the customer and know that hard work and integrity will always advance our goals.
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | - | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Excellent pedestrian access (90)
Bike Score®
Good for cycling (88)
PROPERTY TAXES
| Parcel Number | 2945-141-02-018 | Improvements Assessment | £593,148 (2024) |
| Land Assessment | £56,085 (2024) | Total Assessment | £649,233 (2024) |
PROPERTY TAXES
Parcel Number
2945-141-02-018
Land Assessment
£56,085 (2024)
Improvements Assessment
£593,148 (2024)
Total Assessment
£649,233 (2024)
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700 Belford Ave
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