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700 Belford Ave 18,588 SF 100% Leased Office Building Grand Junction, CO 81501 $5,653,476 CAD ($304.15 CAD/SF) 8.15% Cap Rate
INVESTMENT HIGHLIGHTS
- 8.01 % CR
- 100 % Leased
- Free Standing on Hard Corner
- $330,012 NOI
- Strong Tenant Mix
- Great Visibility with lots of parking
EXECUTIVE SUMMARY
• Excellent location in a growing business hub
• Strong potential for rental income
• Surrounded by restaurants, banks, and retail services
• Strong Tenant Mix
• Long-term leases in place with renewals
• 100% leased
• Strong potential for rental income
• Surrounded by restaurants, banks, and retail services
• Strong Tenant Mix
• Long-term leases in place with renewals
• 100% leased
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
18,588 SF
Building Class
B
Year Built
2004
Price
$5,653,476 CAD
Price Per SF
$304.15 CAD
Cap Rate
8.15%
NOI
$460,671 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,196 SF
Slab To Slab
13’
Building FAR
0.72
Lot Size
0.59 AC
Opportunity Zone
Yes
Zoning
MU-2 - Office, Business, Professional, Medical Office
Parking
54 Spaces (2.91 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
- Skylights
- Atrium
- Partitioned Offices
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Finance and Insurance
- -
- -
-
Lorem Ipsum
-
Jan 0000
Fidelity Mortgage Company was founded with the philosophy that the customer should always come first in mortgage lending. Since our doors opened in 1986, our unique customer first approach has propelled Fidelity Mortgage Company to the forefront of the mortgage lending industry in Grand Junction, Western Colorado and Utah. Fidelity Mortgage credits much of our success to our education of the customer and know that hard work and integrity will always advance our goals.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Finance and Insurance | - | - | Lorem Ipsum | Jan 0000 |
1 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 2945-141-02-018 | Improvements Assessment | $1,111,295 CAD (2024) |
| Land Assessment | $105,077 CAD (2024) | Total Assessment | $1,216,372 CAD (2024) |
PROPERTY TAXES
Parcel Number
2945-141-02-018
Land Assessment
$105,077 CAD (2024)
Improvements Assessment
$1,111,295 CAD (2024)
Total Assessment
$1,216,372 CAD (2024)
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700 Belford Ave
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