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Open-Plan Retail Space
For Lease
$4,750/Mo

1021 Mayfly Drive, Montrose, CO 81401

CommercialLease, Montrose, CO

Space SizeContact for details
Days on Market364

Property Features for 1021 Mayfly Drive

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning description l-1
Directions When heading south on Grand Ave, Turn Right on Mayfly Dr and the building will be left of the Mayfly Building. Right of Shelter Distilling.
Subdivision Montrose
Standard status Active
Size 15,555 SF

Building Details

Year built 2026
Listing Agency: COLDWELL BANKER DISTINCTIVE PROPERTIES
Listed By: John Metcalf
Added: Sep 2, 2025 Changed: Aug 31 Last Checked: Aug 31 at 7:06PM
MLS# 20254243

Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Suite 106 is a 15,555-square-foot retail space under construction, with completion identified for 2026. The open interior can be arranged for a range of layouts, including areas for public use and supporting operations. The suite is positioned for restaurant, brewery, fitness studio, or larger-format retail concepts.

The property is located at 1021 Mayfly Drive in Montrose, within Colorado Outdoors. The site offers direct access to the riverfront and is described as having strong traffic exposure.

Key Highlights

  • 15,555‑square‑foot Suite 106
  • Under construction with 2026 completion
  • Open floor plan supports flexible build‑out

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value

Market

Lease Benchmarks for Montrose, CO

$4.57 /SF/Yr
Avg Asking Price
$1.47–$28 /SF/Yr
Price Range
14,597 SF
Avg Space Size

This space is priced 20% below the average of $4.57 /SF/Yr.

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Under-construction Suite 106 provides a flexible footprint for retail, dining, brewery, or fitness concepts.
Where is this retail space located?
The property is located at 1021 Mayfly Drive Montrose, CO.
What is the lease rate?
The lease rate is $4,750/Mo.
What are key features of this property?
This property features: 15,555‑square‑foot Suite 106; Under construction with 2026 completion; Open floor plan supports flexible build‑out
More about this property
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