359 Colorado Avenue #102 - 104,  Grand Junction CO, 81501

Status: Active
MLS#: 20200618
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Last Updated: 9/24/2020 7:39 PM
Description for 359 Colorado Avenue #102 - 104 Grand Junction, CO 81501
10.7% cap rate investment opportunity in Downtown Grand Junction. 4,001 SF restaurant/retail space located on hard corner of 4th Street and Colorado Avenue. Great visibility, good foot and vehicle traffic. Currently occupied by NNN tenant on a new 5-year lease. TI note transfers with sale.
Price
$450,000
MESA
20200618
Active
Description
10.7% cap rate investment opportunity in Downtown Grand Junction. 4,001 SF restaurant/retail space located on hard corner of 4th Street and Colorado Avenue. Great visibility, good foot and vehicle traffic. Currently occupied by NNN tenant on a new 5-year lease. TI note transfers with sale.
Listing Information
Property Type: Other
PublicRecords HotelMotel,MedicalDental,Office,Residential,Restaurant,Retail,Service
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
125 x 125
B-2
Driving Directions
SW corner of 4th and Colorado
Financial Considerations
$11,142
Listing Price History

Grand Junction Real Estate

Grand Junction is located in Colorado. Grand Junction, Colorado 81501 has a population of 64,342.

The median household income in Grand Junction, Colorado 81501 is $31,353. 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 81501 is 39 years.

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Courtesy: BRAY/COMMERCIAL
This content last refreshed on 9/24/2020 7:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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