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4645 W 18th St 12,202 SF Office Condo Unit Offered at $2,495,000 in Greeley, CO 80634
Investment Highlights
- Fully Occupied 9+ Cap Asset
- Limited Landlord Responsibilities
- Long term US Government Backed Tenant
- Listed for nearly $500k less than what it was purchased for in 2022!
Executive Summary
**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.
Data Room Click Here to Access
Property Facts
Amenities
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Security System
- Air Conditioning
1 Unit Available
Unit 500
| Unit Size | 12,202 SF | Cap Rate | 9.36% |
| Price | $2,495,000 | NOI | $233,640 |
| Price Per SF | $204.47 | No. Parking Spaces | 75 |
| Condo Use | Office | APN/Parcel ID | 095911351004 |
| Sale Type | Investment |
| Unit Size | 12,202 SF |
| Price | $2,495,000 |
| Price Per SF | $204.47 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 9.36% |
| NOI | $233,640 |
| No. Parking Spaces | 75 |
| APN/Parcel ID | 095911351004 |
Description
Well 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.
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| U.S. General Services Administration |
12,202 SF
|
October 2029
|
Presented by
4645 W 18th St
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