Great commercial investment with an existing long-term tenant located in Western Grand Junction, right off of Patterson! Current 5 year lease occupies the building lasting through September 30th, 2025 at a 7% cap return. Tenant has been in place for many years and has performed many renovations/upgrades to the property, keeping it in great condition. Property is over 10,000 SF with a fenced yard, 5 overhead doors (1 dock high), and located in the desirable Western Grand Junction business district with high traffic counts and visibility off of Patterson Road. Great cash flow and long term appreciation value.
MLS# | 20205905 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Days On Site | 88 |
Area Information | |
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State | CO |
County | MESA |
City | Grand Junction |
Zip Code | 81505 |
Area | North Grand Junction |
Listing VS Median (in 81505) | |
Price: $1,150,000 low | high Med: $149,900 On Site: 88 low | high Med: 675 |