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2872 I-70 Business Loop

Grand Junction, CO 81501
  • $2,450,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 20233436
UPDATED: 26 min ago
$2,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

30,000+ SF office/warehouse investment offering. Multi-tenant property that is demised into 5 units. The property contains two buildings on five acres featuring private offices, warehouse space with 19 overhead doors, drive-through bays, and multiple crane bridges. The parking lot is paved, and the large, shared yard is secure with surrounding chain link fence. Great access onto I-70 Business Loop and 29 Road off of North Avenue. Currently occupied by multiple NNN tenants on long-term leases with uses including welding, manufacturing, and trucking. Vacant space advertised at $8.00/SF/Year. Pro forma NOI $235,000+, pro forma cap rate 9.6%.

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© 2023 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Michelle Ritter | RE/MAX 4000. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Michelle Ritter | RE/MAX 4000. Data last updated 2023-12-02T19:15:19.593 UTC.

www.michelleritter.com/homes/142211378
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2872 I-70 Business Loop Grand Junction, CO 81501

  • Price: $2,450,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 26 min ago
  • MLS #: 20233436
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Grand Junction City
County:
Mesa
Area:
Grand Junction City
Property Description
30,000+ SF office/warehouse investment offering. Multi-tenant property that is demised into 5 units. The property contains two buildings on five acres featuring private offices, warehouse space with 19 overhead doors, drive-through bays, and multiple crane bridges. The parking lot is paved, and the large, shared yard is secure with surrounding chain link fence. Great access onto I-70 Business Loop and 29 Road off of North Avenue. Currently occupied by multiple NNN tenants on long-term leases with uses including welding, manufacturing, and trucking. Vacant space advertised at $8.00/SF/Year. Pro forma NOI $235,000+, pro forma cap rate 9.6%.
Exterior Features

Lot Size Dimensions Irregular

Property Features

Possible Use Automotive Industrial Manufacturing Office Warehouse Property Sub Type Commercial Tax Annual Amount 25350.15 Zoning Description I-1

Listing courtesy of Brian Bray of Bray/Commercial: 970-241-2909.
© 2023 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Michelle Ritter | RE/MAX 4000. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Michelle Ritter | RE/MAX 4000. Data last updated 2023-12-02T19:15:19.593 UTC.

 
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Michelle Ritter | RE/MAX 4000
120 W Park Drive, Suite 200
Grand Junction CO, 81505