$795,000

1660 North Avenue

Grand Junction CO, 81501

Description

LEASED - TWO SUITE INVESTMENT PROPERTY LOCATED IN THE CENTER OF GRAND JUNCTION, CO at 1660 North Avenue. 4,800 total SF, free standing building with national tenants. Tenant One: Emergency Vet Clinic occupies approximately 3,000 finished SF - National Tenant - one year in to 5 year primary term with 5 options - NNN lease with NOI at $4,565/mo. ($54,780/yr.) Tenant Two: Nationally recognized tax return service - occupying approximately 1,800 finished SF - 18 months into 3 year primary term - Modified Gross Lease, contributing approximately $8,450 NOI annually. Total NOI $63,230/year $795,00 = 8 Cap

Details

MLS#20192606
Sub-TypeResale
StatusPending - Show
Days On Site182

Features

Story(s)0
ZoningC-1

Market Activity 81501

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Area Information

StateCO
CityGrand Junction
Zip Code81501
AreaGrand Junction City
Listing VS Median (in 81501)
Price:
$795,000
low | high
Med:
$219,950
100% of Average
On Site:
182
low | high
Med:
252.5
72.079207920792% of Average
Listing Updated: 11/11/2019
MLS Number: 20192606
Listing Provided By:
SAM SUPLIZIO  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.