1660 North Avenue,  Grand Junction CO, 81501

4,800 sqft
Status: Pending
MLS#: 20192606
1of
Full Screen Photos
Photos
Map
Last Updated: 8/24/2019 9:45 AM
Description for 1660 North Avenue Grand Junction, CO 81501
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
Price
$795,000
Mesa County
4,800 (approx)
20192606
Pending
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
Listing Information
Property Type: General Commercial, Other
4,800 (approx) 1960
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
None
80 x 135, B: 0.25-0.49
C-1
Financial Considerations
$8,086
Listing Price History

Grand Junction Real Estate

Grand Junction is located in Colorado. Grand Junction, Colorado 81501 has a population of 63,447.

The median household income in Grand Junction, Colorado 81501 is $31,221. The median household income for the surrounding county is $43,422 compared to the national median of $49,877. The median age of people living in Grand Junction 81501 is 39 years.

Loading nearby sales and history ...
Courtesy: BRAY/COMMERCIAL
This content last refreshed on 8/24/2019 9:45 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation