Class A Office Building with 8
2021 Clubhouse Dr Greeley, CO 80634
For Sale
Contact for pricing
Class A office finishes in a condominium-converted building with eight units and recent roof and parking lot upgrades.
Property Size18,147 SF
Price / SF$143.27
Days on Market226
Property Features for 2021 Clubhouse Dr
General Information
Standard status
Active
Size
18,147 SF
Property subtype
OFFICE
Listing Agency:
SVN | Denver Commercial
(970) 566-3481
Listed By:
Bill Reilly · License #CO IA100007601
(970) 566-3481
Source:
Moodyscre
Added: Dec 15, 2025
Changed: Jul 25
Last Checked: Jul 25 at 11:40PM
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 SVN | Denver Commercial
Investment Insights
Based on property information with market context.
This property was previously condominiumized, creating eight office units that can be demised for smaller tenant needs. The building is described as having Class A office finishes. Recent improvements include a new roof installed in 2019 and a new parking lot installed in 2020.
The property is located at 2021 Clubhouse Dr in Greeley, CO. The current lease schedule includes Sears Real Estate through December 31, 2031; Smile Doctors through October 30, 2025; and a sublease for Colorado Early Education through August 31, 2028. Financials are available by contacting brokers.
The property is located at 2021 Clubhouse Dr in Greeley, CO. The current lease schedule includes Sears Real Estate through December 31, 2031; Smile Doctors through October 30, 2025; and a sublease for Colorado Early Education through August 31, 2028. Financials are available by contacting brokers.
Key Highlights
- Condominium‑converted building with 8 units, offering potential for future owners to demise the building for smaller tenants
- Tenant lease expirations: Smile Doctors through Oct 30, 2025; Sears Real Estate through Dec 31, 2031
- Sublease: Colorado Early Education through Aug 31, 2028
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 | $326.6k | $18.00 |
| − Vacancy | −$18.0k | −$0.99 |
| EGI | $308.7k | $17.01 |
| − OpEx | −$77.2k | −$4.25 |
| NOI | $231.5k | $12.76 |
18,147 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.31M
$2.89M – $3.86M
NOI $231,510 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Class A office finishes in a condominium-converted building with eight units and recent roof and parking lot upgrades.
Where is this office units located?
The property is located at 2021 Clubhouse Dr Greeley, CO.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Condominium‑converted building with 8 units, offering potential for future owners to demise the building for smaller tenants; Tenant lease expirations: Smile Doctors through Oct 30, 2025; Sears Real Estate through Dec 31, 2031; Sublease: Colorado Early Education through Aug 31, 2028
