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2405 Patterson RdGrand Junction, CO 81505
Prime Development Opportunity - Grand Junction, CO
Asset ClassRetail
Prime Development Opportunity on 7.92 AC Lot
overview of deal


Price Per SF: $70.16

Price Per AC: $576,132

Price Per SF of Land: $12.17

Address: 2405 Patterson Rd, Grand Junction, CO

Lot Size: 7.85 AC

Building Size: 59,860 SF

Year Built/Renovated: 1981/2004

Bay Doors: Three

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Investment Highlights

Redevelopment/Repurpose Opportunity at High Visibility Corner

  • The subject property includes 7.92-acres commercially zoned land and a vacant 59,860 SF retail building formerly occupied by Sutherlands. The site is located adjacent to the Mesa Mall, which has seen a recent influx of highly desirable retailers with significant regional pull. Dillards, Dick’s Sporting Goods, Guitar Center, and Homegoods have all recently entered the Grand Junction market. Costco is also entering the market just 1.5 miles north of the subject property

Pad Site Redevelopment Plans in Process

  • Currently, plans to subdivide this parcel and redevelop into multiple pad sites are in advance stages with Mesa County. If Buyer wishes to redevelop the site into multiple pad sites, most of the upfront administrative burden has been completed by the Seller. More details including construction plans and cost summary available after signed NDA.

Repurpose/Lease Building in Current Configuration

  • There are only two current vacancies over 25,000 square feet in the Grand Junction MSA. Neither of these vacancies have the visibility, access, and prime location within the commercial center of this region.

Located at the Commercial Center of Colorado's Rapidly Growing Western Slope

  • Grand Junction is the largest retail/business hub between Denver and Salt Lake City, and it serves as the county seat of Mesa County. Projected growth is significant with the county’s population expected to grow by 13.6% and 51.7% by 2030 and 2050 respectively.
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2405 Patterson RdGrand Junction, CO 81505

Contact Us

Drew IsaacSenior Managing Director Investments(303)
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Listing provided by Revere CRE