$3,385,000 $18,171 est/mo Sourced by Back At You

Tbd Tbd,Montrose, CO 81401

Montrose CO, 81401

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Description

Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus: Potential Value Add . This building is currently under construction. Certificate of Occupancy is set for 8-1-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLS

Details

MLS#20240440
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site75
Listing Provided ByCOLDWELL BANKER COMMERCIAL PRIME PROPERTIES | BECCA POSNER

Features

ZoningB-3

Market Activity 81401

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Learn More About This Property

StateCO
CountyMONTROSE
CityMontrose
Zip Code81401
AreaMontrose
Listing VS Median (in 81401)
Price:
$3,385,000
low | high
Med:
$412,000
100% of Average
On Site:
75
low | high
Med:
55.000000
100% of Average
Sourced by Back At You
Listing Updated: March 3, 2024 at 1:44:17 PM PST
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