1660 North Avenue

    Grand Junction, CO 81501
    • $795,000
    • STATUS: Active Under Contract
    • ON SITE: 156 days
    • MLS #: 20192606
    Under Contract
    UPDATED: 59 min ago
    $795,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    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

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    © 2019 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 The Christi Reece Group. 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 The Christi Reece Group. Data last updated 2019-10-17T00:15:25.623 UTC.

    www.christireece.com/homes/94723309

    1660 North Avenue Grand Junction, CO 81501

    • Price: $795,000
    • Status: Active Under Contract
    • Updated: 59 min ago
    • MLS #: 20192606
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Grand Junction City
    Area:
    Grand Junction City
    Property 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
    Exterior Features

    Doc Hi No Lot Size B: 0.25-0.49 Overhead Doors No

    Property Features

    Building Type MedicalOfficeProfessionalRetail Leased Yes NOI 63230 Rail Frontage No Rail Spur No Type Commercial Investment Zoning C-1

    Listing courtesy of Sam Suplizio of Bray/Commercial.
    © 2019 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 The Christi Reece Group. 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 The Christi Reece Group. Data last updated 2019-10-17T00:15:25.623 UTC.

     
    The Christi Reece Group
    128 N 5th St, Suite 1A
    Grand Junction CO, 81501