Four-Unit Office
For Sale
$1,100,000
3109 35th Ave H, Greeley, CO 80634
Flexible office ownership structure with four condominium units and a potential leaseback arrangement.
Property Size6,253 SF
Price / SF$175.92
Days on Market69
Property Features for 3109 35th Ave H
General Information
Standard status
Active
Size
6,253 SF
Additional Details
Office Units
4
Building Details
Year Built
1996
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Cushman & Wakefield
Listed By:
Jared Goodman · License #40017764
(970) 690-4227
Source:
Thestrohmangroup
Added: Jul 30
Changed: Oct 2
Last Checked: Oct 5 at 9:07PM
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
This office building contains four condominium units within a 6,253-square-foot property constructed in 1996. The configuration supports several ownership or occupancy approaches, including retaining the full building or using the individual units separately.
The current owner-occupier may lease the property back for up to five years with the existing business, or convey the building vacant. The property is located at 3109 35th Ave H in Greeley, Colorado, providing a defined office asset with flexibility between owner occupancy and multi-tenant use.
The current owner-occupier may lease the property back for up to five years with the existing business, or convey the building vacant. The property is located at 3109 35th Ave H in Greeley, Colorado, providing a defined office asset with flexibility between owner occupancy and multi-tenant use.
Key Highlights
- Four condominium office units within one building
- 6,253‑square‑foot office property
- Constructed in 1996
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,773
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,595,460
$1.6M
Cap Rate 7%
$1,139,614
$1.1M
Cap Rate 9%
$886,367
$886.4K
Market Conditions
NOI Build-Up for 6,253 SF
Gross rent
$112.6K $18.00/SF
− Vacancy
−$6.2K −$0.99/SF
EGI
$106.4K $17.01/SF
− OpEx
−$26.6K −$4.25/SF
NOI
$79.8K $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%
$1,595,460
Cap Rate 7%
$1,139,614
Cap Rate 9%
$886,367
Alternative Uses
Best Use
Office B
$1.14M
$997.2K – $1.33M
NOI $79,773 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office ownership structure with four condominium units and a potential leaseback arrangement.
Where is this office building located?
The property is located at 3109 35th Ave H Greeley, CO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four condominium office units within one building; 6,253‑square‑foot office property; Constructed in 1996
