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562 W Crete Circle , 101-5

Grand Junction, CO 81505
  • $1,590,000
  • STATUS: Active
  • ON SITE: 848 Days
  • MLS #: 20224297
UPDATED: 39 min ago
$1,590,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Investment Deal. 4 unit Condo Office Warehouse. Property has 3 of the 4 units leased; unit 105 is vacant. Multiple units, multiple lease expiration dates. Central Grand Junction location, with solid building construction and free span steel members. NOI with 2 gross rents and one tenant paying NNN = $63,000, 4% cap rate. Proforma $114,763 = 7.6% CAP rate

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© 2024 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 2024-12-08T19:15:20.327 UTC.

www.christireece.com/homes/132107684
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562 W Crete Circle , 101-5 Grand Junction, CO 81505

  • Price: $1,590,000
  • Status: Active
  • On Site: 848 Days
  • Updated: 39 min ago
  • MLS #: 20224297
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Grand Junction City
County:
Mesa
Area:
Grand Junction City
Property Description
Investment Deal. 4 unit Condo Office Warehouse. Property has 3 of the 4 units leased; unit 105 is vacant. Multiple units, multiple lease expiration dates. Central Grand Junction location, with solid building construction and free span steel members. NOI with 2 gross rents and one tenant paying NNN = $63,000, 4% cap rate. Proforma $114,763 = 7.6% CAP rate
Exterior Features

Lot Size Dimensions 220 x 208

Property Features

Possible Use Industrial Office Warehouse Property Sub Type Building Tax Annual Amount 21962 Zoning Description I-1

Listing courtesy of Theresa Englbrecht of BRAY/COMMERCIAL: 970-241-2909.
© 2024 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 2024-12-08T19:15:20.327 UTC.

 
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The Christi Reece Group
1601 Riverfront Dr, Ste 103
Grand Junction CO, 81501