2776 Acrin Avenue,  Grand Junction CO, 81503

Status: Active
MLS#: 20212619
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Last Updated: 6/21/2021 2:23 AM
Description for 2776 Acrin Avenue Grand Junction, CO 81503
Commercial Investment - Family Dollar leaseback, corporately guaranteed NN lease with new 5-year renewal term. 6.5% Cap Rate - $87,120/year annual rent - 3 additional 5-year options available at the end of term (8/1/2026), each with 10% escalators. Tenant has been in the building over 13 years and plans to preform a full H2 remodel in 2021. Building was constructed in 2008, consisting of 9,180 SF, and is located adjacent to multiple new commercial developments.
Price
$1,350,000
MESA
20212619
Active
Description
Commercial Investment - Family Dollar leaseback, corporately guaranteed NN lease with new 5-year renewal term. 6.5% Cap Rate - $87,120/year annual rent - 3 additional 5-year options available at the end of term (8/1/2026), each with 10% escalators. Tenant has been in the building over 13 years and plans to preform a full H2 remodel in 2021. Building was constructed in 2008, consisting of 9,180 SF, and is located adjacent to multiple new commercial developments.
Listing Information
Property Type: Other
Assessor Retail
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
150 x 300
C-1
CornerLot
Driving Directions
From Hwy 50 in Orchard Mesa, turn north onto 27 ¾ Rd, turn right on Acrin Ave., property is on your left.
Financial Considerations
$14,933
Listing Price History

Grand Junction Real Estate

Grand Junction is located in Colorado. Grand Junction, Colorado 81503 has a population of 65,250.

The median household income in Grand Junction, Colorado 81503 is $55,852. The median household income for the surrounding county is $54,056 compared to the national median of $61,963. The median age of people living in Grand Junction 81503 is 39 years.

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This content last refreshed on 6/21/2021 2:23 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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