Leased Flex Space
For Sale
$1,150,000
507 Fruitvale Court, Grand Junction, CO 81504
CommercialSale, Grand Junction, CO
Property SizeContact for details
Days on Market495
Property Features for 507 Fruitvale Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
PUD
Lot features
Cul De Sac, Irregular Lot
Directions
I-70B east of 30 Road. Take frontage Road to Fruitvale Ct., building located on the left.
Subdivision
NE Grand Junction
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
18461
Listing Agency:
VENTURE GROUP
(970) 892-2200
Listed By:
Cory Carlson · License #100087222
(970) 261-9311
Added: Apr 18, 2025
Changed: Aug 24
Last Checked: Aug 25 at 10:06PM
MLS# 20251728
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex property includes two leased units totaling 8,800 SF. Unit C contains 4,800 SF and is leased through 3/31/2026, while Unit A contains 4,000 SF and is leased through 12/31/2025. Both leases include renewal options and 3% annual escalators. The lease structures provide for NN and utilities in addition to base rent.
The property is situated within a light industrial park and offers access to I70B. The offering includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. The property currently reflects a 7.6% cap rate.
The property is situated within a light industrial park and offers access to I70B. The offering includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. The property currently reflects a 7.6% cap rate.
Key Highlights
- 7.6% cap rate with two leased flex units
- Unit C contains 4,800 SF and is leased through 3/31/2026
- Unit A contains 4,000 SF and is leased through 12/31/2025
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81504, CO
31,150
Population
13,042
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
91%
High-School Grad
26.9 sq mi
ZIP Area
1,158
Density / Sq Mi
$67,907
Median Household Income
$40,402
Median Earnings
$1,414
Median Rent
$290,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Musubi Mesa — 569 Peachwood Dr, Grand Junction, CO 81504
Frequently Asked Questions
What type of property is this?
Flex space - Two leased units occupy a flex property in a light industrial park with access to I70B.
Where is this flex space located?
The property is located at 507 Fruitvale Court Grand Junction, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7.6% cap rate with two leased flex units; Unit C contains 4,800 SF and is leased through 3/31/2026; Unit A contains 4,000 SF and is leased through 12/31/2025
