Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale. Both buildings are for sale. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Great opportunity to own two marque commercial building with great ROI opportunity.
MLS# | 20240852 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 384 |
Listing Provided By | RE/MAX 4000, INC | THOMAS FEE |
Zoning | Commercial |
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State | CO |
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County | Mesa |
City | Grand Junction |
Zip Code | 81504 |
Area | NE Grand Junction |
Listing VS Median (In 81504) | |
Price: $1,050,000 low | high Med: $389,900 On site: 384 low | high Med: 243.000000 |