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569 S Commercial Drive

Grand Junction, CO 81505
  • $2,300,000
  • STATUS: Active
  • ON SITE: 183 Days
  • MLS #: 20225941
$2,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Grand Junction City
Type:
Commercial
County:
Mesa
Area:
Grand Junction City

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Description

Fully leased, single tenant occupant with 7 years left on a 10-year firm lease with an additional 5 years with escalation. Masonry constructed office/warehouse building, with no deferred maintenance and in immaculate condition. HVAC unit new within last year, newly painted with new flooring on half of the building. A number of tenant upgrades and improvements have been made throughout lease duration. All interior lighting will be upgraded to LED by end of 2022. Great investment opportunity with long-term stabilized lease.

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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 2023-06-02T00:15:18.13 UTC.

www.michelleritter.com/homes/135114947
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569 S Commercial Drive Grand Junction, CO 81505

  • Price: $2,300,000
  • Status: Active
  • On Site: 183 Days
  • MLS #: 20225941
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Grand Junction City
County:
Mesa
Area:
Grand Junction City
Property Description
Fully leased, single tenant occupant with 7 years left on a 10-year firm lease with an additional 5 years with escalation. Masonry constructed office/warehouse building, with no deferred maintenance and in immaculate condition. HVAC unit new within last year, newly painted with new flooring on half of the building. A number of tenant upgrades and improvements have been made throughout lease duration. All interior lighting will be upgraded to LED by end of 2022. Great investment opportunity with long-term stabilized lease.
Exterior Features

Lot Size Dimensions 140 X 150

Property Features

Possible Use OfficeWarehouse Property Sub Type Commercial Tax Annual Amount 13199 Zoning Description C-2

Listing courtesy of Cory Carlson 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 2023-06-02T00:15:18.13 UTC.

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