220 N Palmer Street

    Delta, CO 81416
    • $1,596,000
    • STATUS: Active
    • ON SITE: 364 days
    • MLS #: 20173848
    UPDATED: 66 min ago
    $1,596,000
    • 0
      BEDS
    • 1.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1994
    Area:

    School Ratings & Info

    Description

    Great little center (13,950 SF) and investment in Delta CO for sale. Well located right next to City Market and McDonalds on Hwy 50 and Hwy 92. Excellent co-tenancy with Dairy Queen, Subway, Little Caesars and Don Jilberto's. The property consists of three buildings situated on 1.88 acres. Current vacancy is 21% with 3 spaces vacant. The fully leased pro-forma at $12/SF/Yr rents is 10% cap rate, but currently at 8.3% cap rate. Call listing agent with questions.

    Monthly Payment Calculator

    © 2018 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. Data last updated 7/21/2018.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 2018-07-21T16:15:49.717.

    www.christireece.com/homes/74975680

    220 N Palmer Street Delta, CO 81416

    • Price: $1,596,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 20173848
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.88
    Acres
    1994
    Built
    Neighborhood:
    Delta
    Area:
    Delta
    Property Description
    Great little center (13,950 SF) and investment in Delta CO for sale. Well located right next to City Market and McDonalds on Hwy 50 and Hwy 92. Excellent co-tenancy with Dairy Queen, Subway, Little Caesars and Don Jilberto's. The property consists of three buildings situated on 1.88 acres. Current vacancy is 21% with 3 spaces vacant. The fully leased pro-forma at $12/SF/Yr rents is 10% cap rate, but currently at 8.3% cap rate. Call listing agent with questions.
    Exterior Features

    Lot Size 1-1.99 Num Overhead Doors No Rail Frontage No Rail Spur No

    Property Features

    Amperage 440 Building Type Retail CICDues 0 Leased Yes Type Commercial Investment Volts 220 Zoning C-1

    Listing courtesy of Sid Squirrell of Bray/Commercial.
    © 2018 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. Data last updated 7/21/2018.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 2018-07-21T16:15:49.717.

     
    The Christi Reece Group
    131 N 6th St, Suite 200
    Grand Junction CO, 81501