Shopping Center Office
For Sale
Contact for pricing
2148 Broadway #C-6, Grand Junction, CO 81507
The suite fronts Highway 340 within a center featuring a large parking area and landscaped pedestrian walkways.
Property Size1,324 SF
Price / SF$0.01
Days on Market436
Property Features for 2148 Broadway #C-6
General Information
Standard status
Active
Size
1,324 SF
Property subtype
Leasehold
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office
Amenities
landscaped common walkways
Building Details
Year Built
1977
Listing Agency:
Coldwell Banker Commercial Prime Prop.
(970) 243-7375
Listed By:
Mike Foster · License #IA40011873
(970) 244-6602
Source:
Christiesaspenre
Added: Aug 26, 2025
Changed: Nov 3
Last Checked: Nov 4 at 6:21AM
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 Commercial Prime Prop.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,324-square-foot office unit is located in Monument Village Shopping Center, a property built in 1977. Its position along Highway 340 provides road frontage, while the center includes a substantial front parking area and landscaped walkways connecting the common areas.
The center is near the Redlands residential area. Planned and named businesses include Dollar Tree Plus, scheduled to open in mid-August 2025, along with GameDay, Men's Health, Kitchen Tune-Up, a beauty spa, florist, dance studio, coffee shop, barber, liquor store, and therapists. The property information also identifies 10,000 square feet of space for retail and medical uses, plus smaller inline spaces in a courtyard building.
The center is near the Redlands residential area. Planned and named businesses include Dollar Tree Plus, scheduled to open in mid-August 2025, along with GameDay, Men's Health, Kitchen Tune-Up, a beauty spa, florist, dance studio, coffee shop, barber, liquor store, and therapists. The property information also identifies 10,000 square feet of space for retail and medical uses, plus smaller inline spaces in a courtyard building.
Key Highlights
- 1,324 square feet of office space in Monument Village Shopping Center
- Frontage on Highway 340
- Large front parking area and landscaped common walkways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,512
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,240
$250.2K
Cap Rate 7%
$178,743
$178.7K
Cap Rate 9%
$139,022
$139.0K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$23.8K $18.00/SF
− Vacancy
−$7.1K −$5.40/SF
EGI
$16.7K $12.60/SF
− OpEx
−$4.2K −$3.15/SF
NOI
$12.5K $9.45/SF
Area
Mesa County, CO
Vacancy
30.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,240
Cap Rate 7%
$178,743
Cap Rate 9%
$139,022
Alternative Uses
Best Use
Office B
$178.7K
$156.4K – $208.5K
NOI $12,512 @ 7.0% cap · market cap 89,371.43%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$2.51M
$2.20M – $2.93M
NOI $175,880 @ 7.0% cap · market cap 1,256,285.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 81507, CO
16,053
Population
7,256
Households
2.2
Avg Household Size
51
Median Age
56%
College-Educated
98%
High-School Grad
112.2 sq mi
ZIP Area
143
Density / Sq Mi
$106,039
Median Household Income
$53,084
Median Earnings
$1,580
Median Rent
$491,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The suite fronts Highway 340 within a center featuring a large parking area and landscaped pedestrian walkways.
Where is this office unit located?
The property is located at 2148 Broadway #C-6 Grand Junction, CO.
What are key features of this property?
This property features: 1,324 square feet of office space in Monument Village Shopping Center; Frontage on Highway 340; Large front parking area and landscaped common walkways
