2430 Patterson Road,  Grand Junction CO, 81505

Status: Active
MLS#: 20203674
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Last Updated: 9/29/2020 8:43 AM
Description for 2430 Patterson Road Grand Junction, CO 81505
Sound investments with credible tenants, sound construction, intensive interior build out, all while being placed in a great location on the Home Depot out-parcel across from Mesa Mall. Current tenants are Sport Clips, Which Wich, and Costa Vida - all have been int he building since 2013/2014 and have 5-10 year options to renew, approximately 3-4 years left on primary terms. Lease rates will increase upon renewal (approximately 10%) which bodes for greater future returns. Located in the heart of Grand Junction's retail area, surrounded by Home Depot, PetSmart, Target, Khols, Best Buy, and more. Turn-key investment with low maintenance and management needed. while being located in a prime frontage retail parcel.
Price
$3,500,000
MESA
20203674
Active
Description
Sound investments with credible tenants, sound construction, intensive interior build out, all while being placed in a great location on the Home Depot out-parcel across from Mesa Mall. Current tenants are Sport Clips, Which Wich, and Costa Vida - all have been int he building since 2013/2014 and have 5-10 year options to renew, approximately 3-4 years left on primary terms. Lease rates will increase upon renewal (approximately 10%) which bodes for greater future returns. Located in the heart of Grand Junction's retail area, surrounded by Home Depot, PetSmart, Target, Khols, Best Buy, and more. Turn-key investment with low maintenance and management needed. while being located in a prime frontage retail parcel.
Listing Information
Property Type: Other
Assessor Other,Retail,SeeRemarks
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
165 x 165
C-1
CornerLot
Driving Directions
Heading west on Patterson, turn north into Home Depot, property is on your right.
Financial Considerations
$25,678
Listing Price History

Grand Junction Real Estate

Grand Junction is located in Colorado. Grand Junction, Colorado 81505 has a population of 64,342.

The median household income in Grand Junction, Colorado 81505 is $47,837. 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 Grand Junction 81505 is 39 years.

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This content last refreshed on 9/29/2020 8:43 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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