700 Belford Ave Grand Junction, CO 81501

This multi-tenant office property is located near downtown Grand Junction, between Main Street and North Avenue, providing convenient access to major corridors and surrounding amenities. The building is in excellent condition and has been meticulously maintained. It features a strong tenant base, including an anchor tenant that recently renewed for an additional five-year term, and a government tenant with approximately seven years remaining on its lease. An on-site dental practice is scheduled to renew in 2026 for an additional five-year term. The remaining two tenants have approximately one and two years remaining on their respective leases. All current leases include annual rental escalations, with the government lease incorporating CPI-based increases in addition to standard annual escalators. There are no fixed renewal rates. The property includes approximately 2,600 square feet of third-floor office space currently being marketed for lease, with rent guaranteed to be paid by the anchor tenant through January 2027, or until a new lease is executed. The site provides over 30 common-area parking spaces, along with approximately 20 covered parking spaces. Tenants report high satisfaction with both the property and its location. The 2026 Net Operating Income (NOI) is $306,135, supported by annual lease escalations and future opportunities to increase rents at renewal.