Class A Office Building with 8
For Sale
Contact for pricing
2021 Clubhouse Dr, Greeley, CO 80634
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 Market325
Property Features for 2021 Clubhouse Dr
General Information
Standard status
Active
Size
18,147 SF
Class
A
Property subtype
OFFICE
Additional Details
Office Units
8
Building Details
Tenancy
Multi
Listing Agency:
SVN | Denver Commercial
(970) 207-0700
Listed By:
Bill Reilly · License #IA100007601
(970) 566-3481
Source:
Moodyscre
Added: Dec 15, 2025
Changed: Nov 4
Last Checked: Nov 3 at 6:56AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$231,510
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,630,200
$4.6M
Cap Rate 7%
$3,307,286
$3.3M
Cap Rate 9%
$2,572,333
$2.6M
Market Conditions
NOI Build-Up for 18,147 SF
Gross rent
$326.6K $18.00/SF
− Vacancy
−$18.0K −$0.99/SF
EGI
$308.7K $17.01/SF
− OpEx
−$77.2K −$4.25/SF
NOI
$231.5K $12.76/SF
Area
Greeley, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,630,200
Cap Rate 7%
$3,307,286
Cap Rate 9%
$2,572,333
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.
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Property Analytics
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Current Use
Lease Details
8
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
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Business Placement
Demographics for 80634, CO
65,980
Population
25,802
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
90%
High-School Grad
38.3 sq mi
ZIP Area
1,723
Density / Sq Mi
$83,255
Median Household Income
$46,808
Median Earnings
$1,567
Median Rent
$405,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Class A office finishes in a condominium-converted building with eight units and recent roof and parking lot upgrades.
Where is this office unit 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
