1956 Highway 6&50,  Fruita CO, 81521

6,000 sqft
Status: Active
MLS#: 20200942
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Last Updated: 4/1/2020 8:59 AM
Description for 1956 Highway 6&50 Fruita, CO 81521
8% cap rate! Unique investment opportunity with strong tenant base. NOI is $80,000+. This mixed-use property features a 6000 SF, recently remodeled school building and a 6000 SF warehouse on 2 acres. A Montessori school in year one of a five-year modified gross lease makes an excellent tenant and ensures exemption from some property taxes. The warehouse tenant is in year one of a three-year modified gross lease. Property located just off Hwy 6&50 in the beautiful, growing city of Fruita.
Price
$1,150,000
6,000 (approx)
20200942
Active
Description
8% cap rate! Unique investment opportunity with strong tenant base. NOI is $80,000+. This mixed-use property features a 6000 SF, recently remodeled school building and a 6000 SF warehouse on 2 acres. A Montessori school in year one of a five-year modified gross lease makes an excellent tenant and ensures exemption from some property taxes. The warehouse tenant is in year one of a three-year modified gross lease. Property located just off Hwy 6&50 in the beautiful, growing city of Fruita.
Listing Information
Property Type: Other
6,000 (approx) $0
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Fruita Real Estate

Fruita is located in Colorado. Fruita, Colorado 81521 has a population of 13,222.

The median household income in Fruita, Colorado 81521 is $48,868. The median household income for the surrounding county is $44,576 compared to the national median of $50,013. The median age of people living in Fruita 81521 is 39 years.

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Courtesy: BRAY/COMMERCIAL
This content last refreshed on 4/1/2020 8:59 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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