Grand Junction Retail
599 29 Road, Grand Junction, CO 81504
Retail property in Grand Junction with high visibility and parking.
Type:Retail
Property size:
2,635 SFPrice / SF:
$246/SF- Added:
- May 13, 2025
- Days on Market:
- 385
- Last Refresh:
- Mar 16 at 1:15 pm
Property Features for 599 29 Road
General Information
- Standard status
- Active
- Size
- 2,635 SF
- Property subtype
- Retail
Listing agent Justin Gregory License #100073917
Listing office Cushman & Wakefield - Denver, Colorado
Listing date May 13, 2025
Source Crexi
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 - Denver, Colorado
HighLights
- Excellent visibility and high‑traffic location.
- Ample parking for customers and staff.
- Adaptable square footage suitable for various retail or service businesses.
- Strong customer base due to proximity to residential neighborhoods, schools, and retail.
- Easy access to major roadways.
- Strategic location in a community‑oriented setting.
Overview
Located at 599 29½ Road in Grand Junction, this property offers a retail opportunity, previously used as a convenience store. The site provides visibility, ample parking, and adaptable square footage. The surrounding area includes residential neighborhoods, schools, and retail establishments. The location offers access to major roadways and proximity to amenities, suitable for businesses seeking a high-traffic, community-oriented setting. The property has a size of 2635 square feet.
Local Financial Insights For Specialty Retail
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 | $56.0k | $21.24 |
| − Vacancy | −$4.3k | −$1.65 |
| EGI | $51.6k | $19.59 |
| − OpEx | −$12.9k | −$4.90 |
| NOI | $38.7k | $14.70 |
2,635 SF · lease $21.24/SF/yr · vacancy 7.75% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$553.2K
$484.0K – $645.4K
NOI $38,722 @ 7.0% cap · market cap 5.96%
Second Best
Retail
$357.1K
$312.4K – $416.6K
NOI $24,994 @ 7.0% cap · market cap 3.85%
Theoretical Best
Healthcare Medical
$5.00M
$4.38M – $5.83M
NOI $350,033 @ 7.0% cap · market cap 53.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Grand Junction
- County
- Mesa
- State
- Colorado
- Longitude
- -108.489
- Latitude
- 39.0804
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Retail property in Grand Junction with high visibility and parking.
Where is this grocery and convenience store located?
The property is located at 599 29 Road Grand Junction, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Excellent visibility and high‑traffic location.; Ample parking for customers and staff.; Adaptable square footage suitable for various retail or service businesses.
