Office Warehouse with Mountain
1675 Las Colonias Drive Grand Junction, CO 81501
For Sale
$3,400,000
Office warehouse featuring mountain views, production space, and truck access.
Property Size19,515 SF
Lot Size1.75 Acres
Price / SF$174.22
Days on Market143
Property Features for 1675 Las Colonias Drive
General Information
- Standard status
- Active
- Size
- 19,515 SF
- Lot size
- 1.75 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2020
Listing Agency:
COLDWELL BANKER DISTINCTIVE PROPERTIES
(970) 243-7375
Listed By:
Mike Foster · License #IA40011873
(970) 243-7375
Source:
Cbcworldwide
Added: Mar 5
Changed: Jul 6
Last Checked: Jul 18 at 1:22AM
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 COLDWELL BANKER DISTINCTIVE PROPERTIES
Investment Insights
Based on property information with market context.
This office warehouse, constructed in 2020, features 2,915 square feet of office space facing east with mountain views. The property also includes 16,600 square feet of production and warehouse space. It is equipped with three overhead doors and one dock-high door. Client parking is paved and off-street. Truck access and turnaround are available on the 1.75-acre lot.
Key Highlights
- 2020 Built Office Warehouse
- 16,600 sf Production and Warehouse Space
- Enjoy the 2,915 sf Office Area with Mountain Views
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $351.3k | $18.00 |
| − Vacancy | −$105.4k | −$5.40 |
| EGI | $245.9k | $12.60 |
| − OpEx | −$61.5k | −$3.15 |
| NOI | $184.4k | $9.45 |
19,515 SF · lease $18.00/SF/yr · vacancy 30.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.63M
$2.31M – $3.07M
NOI $184,417 @ 7.0% cap · market cap 5.42%
Second Best
Warehouse
$2.61M
$2.28M – $3.04M
NOI $182,462 @ 7.0% cap · market cap 5.37%
Theoretical Best
Healthcare Medical
$37.03M
$32.40M – $43.21M
NOI $2,592,373 @ 7.0% cap · market cap 76.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Office warehouse featuring mountain views, production space, and truck access.
Where is this warehouse located?
The property is located at 1675 Las Colonias Drive Grand Junction, CO.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 2020 Built Office Warehouse; 16,600 sf Production and Warehouse Space; Enjoy the 2,915 sf Office Area with Mountain Views
