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Listing Details

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Description

Fully leased free standing medical office building with 7% cash on cash return, with 3% annual rent increases. NNN Lease to St. Mary's (SCL Health). They are going on their 5th year at this building with 3 years left on the lease. Fully remodeled in 2016, this building is located just north of Patterson Road on the east side of 25 Road. All figures and information are approximate and should be verified by Buyer.

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© 2021 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 2021-09-19T09:16:52.097 UTC.

www.christireece.com/homes/121184368
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610 25 Road Grand Junction, CO 81505

  • Price: $1,459,900
  • Status: Active
  • Updated: 51 min ago
  • MLS #: 20214656
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Acres
Neighborhood:
North Grand Junction
County:
Mesa
Area:
North Grand Junction
Property Description
Fully leased free standing medical office building with 7% cash on cash return, with 3% annual rent increases. NNN Lease to St. Mary's (SCL Health). They are going on their 5th year at this building with 3 years left on the lease. Fully remodeled in 2016, this building is located just north of Patterson Road on the east side of 25 Road. All figures and information are approximate and should be verified by Buyer.
Exterior Features

Lot Size Dimensions .83

Property Features

Possible Use Medical/DentalOffice Property Sub Type Building Tax Annual Amount 18648 Zoning Description I-O

Listing courtesy of Jay Crs Fellhauer of Re/Max Two Rivers Realty,Inc..
© 2021 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 2021-09-19T09:16:52.097 UTC.

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