8750 20Th StGreeley, CO 80634

Property Details for 8750 20Th St

Year built

1974

Lot size

8.14 AC

Property size (Sq ft)

63,741 SF

Property type

Other commercial real estate

APN

R8960341

APU

R8960341

Description

This exceptional 61,924 square foot, two-story Class B office building in Greeley, Colorado, presents a compelling investment opportunity. Situated on 8.145 acres at 8750 W 20th St, this property boasts a prime location with excellent highway visibility and access via Highway 34, 83rd, and 95th Avenues. Currently 70% occupied by strong credit tenants, Food Safety Net Services and CPS Distributors, with long-term leases, this building offers significant upside potential. Recently renovated in 2017 and 2022, the property features a new façade, parking lot, landscaping, and a modern vestibule with an elevator. The first floor is fully leased, while the second floor is in core and shell condition, providing a blank canvas for a new tenant. The flexible layout caters to various uses, including corporate headquarters, light lab space, or professional offices. Amenities include 137 parking spaces, a fenced yard, and fantastic mountain views from the second floor. The property's location offers convenient access to I-25 (12 minutes) and Highway 85 (16 minutes), further enhancing its appeal. The building's permitted zoning is PUD, City of Greeley. The asking price is $6,900,000, with a current NOI of $282,296 and a pro-forma NOI of $544,665. Monument and building signage opportunities are available. This is an ideal investment for owner-users seeking additional income or investors looking for strong returns.

• Alternative Use

  Use

  Valuation

  Residential

  $17,431,698

  Hospitality

  $15,967,341

  Educational

  $13,284,640

  Medical

  $13,741,520

  Retail

  $20,664,996

Location Insight

City

Greeley

County

Weld

State

Colorado

Latitude

40.4059

Longitude

-104.82

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].