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Deal Announcement
August 19,2025

DePaul Real Estate Advisors is pleased to announce the successful sale of a long-term ground lease in Grand Junction, Colorado.
At 702 23 1/10 Road in Grand Junction, the 80-year absolute net ground lease features CPI rent increases every five years. Quality improvements consist of one small bay industrial building with high clearance warehouses. Each of the 4 units has oversize drive-in doors and one unit has dock-high loading. Grand Junction is Colorado’s largest western slope metropolitan area.
Jarod Pate with DePaul Real Estate Advisors represented the seller, a private investor. DePaul coordinated diligence and closed on the property without delays. DePaul would like to thank Scott Dillard with Epique Realty for his professional representation of the buyer.
DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income-producing and investment properties, commercial financing, leasing and site selection.
For more information regarding the services DePaul Real Estate Advisors provide, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799.