Grand Junction Retail
599 29½ Road, Grand Junction, CO 81504
For Sale
Contact for pricing
Retail property in Grand Junction with high visibility and parking.
Property Size2,635 SF
Price / SF$246.68
Days on Market543
Property Features for 599 29½ Road
General Information
Standard status
Size
Property subtype
Zoning
Listing Agency:
Cushman & Wakefield Denver
Listed By:
Patrick McGlinchey · License #CO FA100069925
(210) 303-3149
Source:
Crexi
Added: May 13, 2025
Changed: Nov 4
Last Checked: Nov 6 at 8:55AM
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
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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.
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.
Key Highlights
- Excellent visibility and high‑traffic location.
- Ample parking for customers and staff.
- Adaptable square footage suitable for various retail or service businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,722
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,440
$774.4K
Cap Rate 7%
$553,171
$553.2K
Cap Rate 9%
$430,244
$430.2K
Market Conditions
NOI Build-Up for 2,635 SF
Gross rent
$56.0K $21.24/SF
− Vacancy
−$4.3K −$1.65/SF
EGI
$51.6K $19.59/SF
− OpEx
−$12.9K −$4.90/SF
NOI
$38.7K $14.70/SF
Area
Mesa County, CO
Vacancy
7.75%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,440
Cap Rate 7%
$553,171
Cap Rate 9%
$430,244
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
255
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
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 29½ 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.
