$1,150,000

598 Northgate Drive

Grand Junction CO, 81505

Description

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.

Details

MLS#20205905
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site88

Features

Market Activity 81505

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Area Information
StateCO
CountyMESA
CityGrand Junction
Zip Code81505
AreaNorth Grand Junction
Listing VS Median (in 81505)
Price:
$1,150,000
low | high
Med:
$149,900
100% of Average
On Site:
88
low | high
Med:
675
13.037037037037% of Average
Listing Updated: February 26, 2021 6:13:50 PM PST
KYLE SERRANO LogoMLS Number: 20205905
Listing Provided By:
KYLE SERRANO  of  BRAY COMMERCIAL

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.