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Second-Level Office Suite
For Lease
$3,375/Mo

120 W Park Drive, Grand Junction, CO 81505

COMMERCIAL - Grand Junction, CO

Property Size45,264 SF
Days on Market366

Property Features for 120 W Park Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning description PD
Parking features On Street
Directions From North Avenue, head South on 1st Street. Turn left onto W Park Drive. The Merino Building is the first completed building on your right. Unit 205 is located on the second floor.
Subdivision Grand Junction City
Standard status Active
Size 45,264 SF

Amenities

modern finishes
fiber optic internet
underground parking
prominent signage opportunities

Building Details

Year built 2008
Listing Agency: RE/MAX 4000, INC
Listed By: Ray Rickard, Ccim · License #EA1044695
Added: Aug 1, 2025 Changed: Aug 1 Last Checked: Aug 1 at 8:06AM
MLS# 20253762

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.

Available second-level office unit in the Merino Building at 120 W Park Drive, offering 2,250 SF of space for office or other professional use. Unit 205 is described with modern finishes and fiber optic internet, along with underground parking and prominent signage opportunities.

The unit is located off 1st Street and Patterson Road in Grand Junction, CO. The property is about one block from St. Mary’s Hospital and a few minutes from Colorado Mesa University, supporting convenient access and strong visibility for professional users.

Common area maintenance (CAM) is indicated to include exterior maintenance, landscaping, property taxes, insurance, snow removal, and more. The building was constructed in 2008.

Key Highlights

  • 2,250 SF second‑level office unit (Unit 205) in the Merino Building
  • Modern finishes plus fiber optic internet
  • Underground parking and prominent signage opportunities

Property Analytics

Current Use

Enstrom Candies Corner ... Specialty Food Shop BBSI Grand Junction Employment Agency Tetra Tech Engineering Consultant Maxim 4000, LLC Property Management Company First Watch Restaurant

Suggested Use

Top Pick Restaurant Storage Facility Grocery & Convenience Store Garden Center Food Market Parking Lot & Garage

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,193
Businesses Nearby

Demographics for 81505, CO

11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value

Market

Lease Benchmarks for Grand Junction, CO

$10.59 /SF/Yr
Avg Asking Price
$0.5–$140 /SF/Yr
Price Range
17,895 SF
Avg Space Size

This space is priced 92% below the average of $10.59 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-level office suite in the Merino Building with modern finishes, fiber optic internet, and underground parking.
Where is this office units located?
The property is located at 120 W Park Drive Grand Junction, CO.
What is the lease rate?
The lease rate is $3,375 /Mo.
What are key features of this property?
This property features: 2,250 SF second‑level office unit (Unit 205) in the Merino Building; Modern finishes plus fiber optic internet; Underground parking and prominent signage opportunities
More about this property
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