Medical Building with Partial
For Sale
Contact for pricing
1035 WELLINGTON AVE, Grand Junction, CO 81501
11,612 SF medical building with 39% vacancy and $295,722 NOI, offered for sale as part of a mixed-use asset.
Property Size11,612 SF
Price / SF$424.13
Days on Market49
Property Features for 1035 WELLINGTON AVE
General Information
Standard status
Active
Size
11,612 SF
Class
A
Property subtype
Office, Special Purpose
Zoning
Commercial
Occupancy
61%
Lease Type
NNN
Building Details
Year Built
2004
Year Renovated
2018
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
S.U.R.E., LLC
(970) 250-9500
Listed By:
Dale Beede · License #CO EA271161
Source:
Crexi
Added: Jul 8
Changed: Aug 22
Last Checked: Aug 24 at 5:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.U.R.E., LLC
Investment Insights
Based on property information with market context.
This mixed-use medical building totals 11,612 SF and is presented for sale with 39% of the building currently vacant. The property is producing NOI of $295,722, with the remaining occupied portion supporting the stated income.
Located at 1035 Wellington Ave in Grand Junction, CO, the building sits within a significant medical neighborhood, offering a medical-oriented setting for future occupancy and continued building use.
With a defined vacancy portion and established NOI, the property is structured to support buyers interested in a medical-focused asset with both income and repositioning opportunity within the same building footprint.
Located at 1035 Wellington Ave in Grand Junction, CO, the building sits within a significant medical neighborhood, offering a medical-oriented setting for future occupancy and continued building use.
With a defined vacancy portion and established NOI, the property is structured to support buyers interested in a medical-focused asset with both income and repositioning opportunity within the same building footprint.
Key Highlights
- 11,612 SF medical building built in 2004
- NOI of $295,722 with 39% of the building vacant
- Offered for sale as part of a mixed‑use asset
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,965
Businesses Nearby
Explore this area
Business Placement
Demographics for 81501, CO
23,935
Population
11,524
Households
2.1
Avg Household Size
33
Median Age
27%
College-Educated
90%
High-School Grad
8.7 sq mi
ZIP Area
2,751
Density / Sq Mi
$48,500
Median Household Income
$32,160
Median Earnings
$974
Median Rent
$283,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - 11,612 SF medical building with 39% vacancy and $295,722 NOI, offered for sale as part of a mixed-use asset.
Where is this medical center located?
The property is located at 1035 WELLINGTON AVE Grand Junction, CO.
What is the asking price?
The asking price for this property is $4,925,000.
What are key features of this property?
This property features: 11,612 SF medical building built in 2004; NOI of $295,722 with 39% of the building vacant; Offered for sale as part of a mixed‑use asset
