Commercial Investment opportunity with current 6% cap rate. Includes parcels #2943-093-53-015 and 2943-093-53-016. Unit 2, consisting of 4,800/SF was recently leased with a 2-year lease with renewal options at $10/SF plus NN and Utilities. Unit 1 consisting of 4,000/SF is currently leased for $2,600/month modified gross lease with primary term expiring November of 2024 with two additional three year terms. Property located in a light industrial park with easy access to I70B.
MLS# | 20234310 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 398 |
Listing Provided By | BRAY/COMMERCIAL | CORY CARLSON |
Zoning | PUD |
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State | CO |
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County | MESA |
City | Grand Junction |
Zip Code | 81504 |
Area | NE Grand Junction |
Listing VS Median (in 81504) | |
Price: $1,150,000 low | high Med: $394,450 On Site: 398 low | high Med: 99.000000 |