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1211 Wellington Ave 4,753 SF Retail Building Grand Junction, CO 81501 $5,429,253 CAD ($1,142.28 CAD/SF) 4.41% Cap Rate

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Investment Highlights

Prime location with heavy foot traffic
Strong credit tenant
Easy access in a central location

High visibility with high VPD (Vehicles Per Day) traffic count
Absolute NNN lease

Executive Summary

A rare opportunity to acquire a fully leased, single-tenant Wells Fargo Bank branch secured by a 15-year term. This freestanding, purpose-built facility is located in a high-traffic corridor just minutes from downtown Grand Junction, offering strong visibility and access. The property is backed by an investment-grade tenant under an absolute NNN ground lease with NO landlord responsibilities and no early termination rights. The lease features 10% rent increases every five years and four (4) five-year renewal options, providing secure, long-term income growth. An ideal passive investment in one of Western Colorado’s fastest-growing markets.

Wells Fargo

Property Facts

Sale Type

Investment NNN

Sale Conditions

1031 Exchange

Property Type

Retail

Building Size

4,753 SF

Year Built

2026

Price

$5,429,253 CAD

Price Per SF

$1,142.28 CAD

Cap Rate

4.41%

NOI

$239,430 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.10

Lot Size

1.06 AC

Zoning

b-1 - Head north off of North Ave. Property is located on east side of the street at corner of Wellington and 12th.

Parking

58 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

20’ on Wellington Ave

Security System

Signage

About 1211 WELLINGTON AVE , GRAND JUNCTION, CO 81501

Prime single-tenant Wells Fargo Bank located in a high-traffic retail corridor with excellent visibility and access. The property sits near major national retailers, a high-volume grocery store, a major regional medical center employing over 2,500 people, and just minutes from Colorado Mesa University. Secured by an investment-grade tenant under a 15-year absolute NNN ground lease with no early termination rights, the property offers passive, management-free ownership. The lease includes 10% rent increases every five years and four five-year renewal options, providing stable, long-term income growth in one of Western Colorado’s strongest regional markets.