700 Horizon Dr Grand Junction, CO 81506
This exceptional investment opportunity presents a fully stabilized, single-story retail shopping center ideally situated on a major thoroughfare in Grand Junction, Colorado. The property encompasses between 12,500 and 17,500 square feet and boasts a strong occupancy rate of 93%, anchored by eight tenants operating under long-term, triple-net (NNN) leases at current market rates. The consistent rental income stream, coupled with a compelling 7.52% capitalization rate, makes this an attractive proposition for discerning investors. The property's prime location ensures high visibility and excellent accessibility, contributing to its sustained success. Built as a single building, the center benefits from efficient management and minimal operational complexities. Furthermore, the leases include rent bumps, providing for future income growth. This well-maintained shopping center represents a rare chance to acquire a stable, high-performing asset in a thriving Colorado market. The address is 700 Horizon Dr, Grand Junction, CO 81506, within Mesa County. The asking price is $5,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.