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Junction Building 402 Santa Fe Ave 11,604 SF 43% Leased Office Building La Junta, CO 81050 $1,350,000 ($116.34/SF)
Executive Summary
• Historic office building for sale in La Junta, CO
• Rich in history (home of the Santa Fe Railroad headquarters for many years)
• Long term lease in 45.7% of the building, leased to the Public Defender office
• Prime opportunity for an investor or owner/user
• Owner/user can occupy the top floor of the building and collect rent from the downstairs tenant
• Rich in history (home of the Santa Fe Railroad headquarters for many years)
• Long term lease in 45.7% of the building, leased to the Public Defender office
• Prime opportunity for an investor or owner/user
• Owner/user can occupy the top floor of the building and collect rent from the downstairs tenant
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,604 SF
Building Class
C
Year Built/Renovated
1897/2024
Price
$1,350,000
Price Per SF
$116.34
Percent Leased
43%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,201 SF
Building FAR
0.63
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
21 Spaces (1.81 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Colorado State of Public Defender
- Public Administration
- -
- -
- -
-
- Public Administration
- -
- -
- -
The Colorado Judicial Branch, with hundreds of judges and support staff members, is centrally administered by the Chief Justice of the Supreme Court. To assist the Chief Justice, the Supreme Court appoints the State Court Administrator. Each of the state's Judicial Districts also has a District Administrator. The State Court Administrator's Office provides administrative support and services to the trial and appellate courts to assist them in providing the citizens of Colorado meaningful, speedy and economical forums to resolve disputes. The office also supports the management of probation services to enhance public protection and offender rehabilitation.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Colorado State of Public Defender | Public Administration | - | - | - | ||
|
|
Public Administration | - | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4643-023-25001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $246,028 |
Property Taxes
Parcel Number
4643-023-25001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$246,028
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