$1,150,000
( )
 $6,173 est/mo Sourced by Back At You

507 Fruitvale Court , Grand Junction, CO 81504

Grand Junction, CO 81504

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Description

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.

Details

MLS#20244035
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site36
Listing Provided ByBRAY/COMMERCIAL | CORY CARLSON

Features

ZoningPUD

Market Activity 81504

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.

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Learn More About This Property

Niki Yenter-Przystup

Niki Yenter-Przystup

Coldwell Banker Distinctive Prop

FA100078072 (970) 250-3147Contact Me Form Link
StateCO
CountyMESA
CityGrand Junction
Zip Code81504
AreaNE Grand Junction
Listing VS Median (in 81504)
Price:
$1,150,000
low | high
Med:
$385,000
100% of Average
On Site:
36
low | high
Med:
32.000000
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 12:10:32 PM PDT

Niki Yenter-Przystup - Coldwell Banker Distinctive Properties