For Sale
$2,600,000

2021 Clubhouse DrGreeley, CO 80634

18,147 SF Medical Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 18,147 square foot medical office building, located at 2021 Clubhouse Drive in Greeley, Colorado, presents a compelling value-add investment opportunity. The property, built in 1962 and extensively renovated in 2022, is a Class B, two-story building situated on 1.2 acres. Currently housing three tenants across eight units with a 98% occupancy rate, the building offers strong cash flow. The asking price is $2,600,000, translating to $143.27 per square foot. The existing tenant lease expirations provide a strategic roadmap for future development. Smile Doctors' lease expires October 30, 2025, while Sears Real Estate's lease extends to December 31, 2031. A sublease with Colorado Early Education is in place until August 31, 2028. The property boasts attractive Class A office finishes, a new roof (installed in 2019), and a new parking lot (completed in 2020). Its location within Greeley's fastest-growing area ensures strong long-term potential. The previous condominiumization of the property into eight units offers a significant value-add opportunity for future owners seeking to attract smaller tenants. This property is an excellent investment for those seeking a stable, high-occupancy asset with significant upside potential in a thriving market. Weld County location and 80634 zip code.

Highlights

  • 18,147 SF medical office building in Greeley, CO, offering a value-add opportunity.
  • Class B, two-story building on 1.2 acres with 98% occupancy and strong cash flow.
  • Asking price: $2,600,000 ($143.27/SF).
  • Located in Greeley's fastest-growing area.

Property Details for 2021 Clubhouse Dr

Property type
Office properties, Medical offices
Square Feet
18,147 SF
Class
B
Year Built/Renovated
1962/2022
Buildings
1
Stories
2
Lot Size (sq. ft)
52,272 SF
Units
8

Location Insight

City
Greeley
County
Weld
State
Colorado
Latitude
40.4057843
Longitude
-104.7687263
2021 Clubhouse Dr, Greeley, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2021 Clubhouse Dr
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message