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Three-Tenant Shopping Center
For Sale
$3,300,000

624 Rae Lynn Street, Grand Junction, CO 81505

CommercialSale, Grand Junction, CO

Property Size7,418 SF
Price / SF$444.86
Days on Market40

Property Features for 624 Rae Lynn Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C-2
Directions Head West on Patterson, property is located on West side of 24 road
Subdivision NW Grand Junction
Standard status Active

Taxes and HOA fees

Tax Annual Amount 34669
Listing Agency: THE CHRISTI REECE GROUP
Listed By: Mike Park · License #100028342
Added: Aug 4 Changed: Sep 11 Last Checked: Sep 12 at 5:06AM
MLS# 20264573

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 7,418-square-foot shopping center is configured for retail use and currently includes three long-term tenants. The existing tenant base provides an established occupancy profile for the property.

The asset is positioned on 24 Road in Grand Junction, with surrounding traffic associated with Mesa Mall and the hospital. Its retail configuration and multi-tenant setup support continued commercial use within the 24 Road corridor.

Key Highlights

  • 7,418 Sq ft retail space
  • Three long‑term tenants in place
  • Located on 24 Road in Grand Junction

Property Analytics

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Current Use

Shopping centers

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81505, CO

11,791
Population
5,379
Households
2.2
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
72.1 sq mi
ZIP Area
164
Density / Sq Mi
$87,677
Median Household Income
$46,560
Median Earnings
$1,424
Median Rent
$436,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Sunglass Hut 2424 US Hwy 6 & 50 Space 3507, Grand Junction, CO 81505
  • Sunglass Outfitters by Sunglass Hut 81505, Colorado, Grand Junction, US-6
  • Red fox cellars grand junction, co 81505
  • Mesa Mall 2424 US-6, Grand Junction, CO 81505
  • Coinstar Kiosk | Bitcoin ATM City Markets, 630 24 Rd, Grand Junction, CO 81505

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property occupied by three established long-term tenants with exposure to traffic serving 24 Road, Mesa Mall, and the hospital.
Where is this shopping center located?
The property is located at 624 Rae Lynn Street Grand Junction, CO.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 7,418 Sq ft retail space; Three long‑term tenants in place; Located on 24 Road in Grand Junction
More about this property
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