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Loft Creative Space Condo For Sale • 12,202 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 500 | Office | 12,202 SF | $2,495,000 USD | |
DescriptionWell maintained condo with recently updated carpeting (2025). Tenant has been in the space since 2008. Sale Notes**Offered at a $430k reduction from 2022 sale** Presenting an investment opportunity in Greeley, CO, this 12,202 SF office building is a testament to enduring quality. Built in 1992 and currently housing a US Government tenant, this stable income generating property offers a secure and reliable investment. With a prime location and a strong tenant base backed by the US Government, this well-maintained building represents an attractive entry into the flourishing Greeley market for office building investors. |
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**Listed at $430k below assessed value** Largest condo within association and has been leased to the same US Government tenant since 2008. Property sits just north of 20th near Aims Community College and in between two golf courses. Parking lot in great shape. This property is being sold as-is and at an exceptional entry point as the listing price reflects a $430k reduction from the 2022 sale.
| Fully Occupied 9+ Cap Asset |
| Long term US Government Backed Tenant |
| Limited Landlord Responsibilities |
| Listed for nearly $500k less than what it was purchased for in 2022! |
| Cap Rate: | 9.36 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| U.S. General Services Administration | 12,202 SF | 10/1/2029 |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 75 |
| Type: | Surface |
| Included in Rent: | Yes |
Andrew Delveaux
Madison Commercial Properties
Andrew Delveaux
Madison Commercial Properties
