DENVER, CO – [February 27, 2025] – Blue West Capital is pleased to announce the successful sale of Red Cliff Pointe, a prominent multi-tenant retail center located at 2650 North Ave, Grand Junction, CO 81501. The property sold for $4,850,000, equating to a rate of $89 per square foot.
Shawn Dickmann and Josh Lorenzen of Blue West Capital represented the seller, a local private investor who has been part of the Grand Junction community for several decades. The buyer, a locally based private real estate company, owns multiple properties throughout the city.
Built in 1980, Red Cliff Pointe spans 50,402 rentable square feet on a 4.36-acre site at a signalized intersection along North Avenue, Grand Junction’s primary east-west thoroughfare, with traffic counts exceeding 24,000 vehicles daily. At the time of sale, the property was 80% occupied, featuring a strong mix of medical tenants, including CSL Plasma, Aerocare, and Comfort Dental.
In recent years, Grand Junction has experienced a surge in investment and redevelopment, attracting investors seeking higher returns compared to opportunities in the Denver Metro area. With over $24 million in retail property sales closed and an additional $5.8 million currently listed, Blue West Capital continues to play a leading role in shaping Grand Junction’s commercial real estate landscape.
The sale of Red Cliff Pointe holds special significance for me. I first connected with the owners in April 2020, and over the past five years, I’ve built a strong relationship with their family. Having owned the property since 2002, they entrusted us with this major transition, and I’m truly grateful for their confidence in our team."
Shawn Dickmann, Associate
PR Contact
Shawn Dickmann
(720) 828-8310
Shawn@BlueWestCapital.com
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