Description
BRAND NEW Commercial Investment Property located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2022, and is divided into two (2) separate units. Unit A is 8,144 SF (58%) and will contain an owner leaseback subject to negotiations but projected at 2-5 years @ $14.22/SF/Yr + NNNs. Unit B is 5,880 SF with opportunity to add an additional 2,144 SF of office and is currently being offered for lease at $14.39/SF/Yr. + NNN. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building projecting an NOI of over $200,000, a 7% Cap Rate of Return.
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School Ratings & Info
Description
BRAND NEW Commercial Investment Property located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2022, and is divided into two (2) separate units. Unit A is 8,144 SF (58%) and will contain an owner leaseback subject to negotiations but projected at 2-5 years @ $14.22/SF/Yr + NNNs. Unit B is 5,880 SF with opportunity to add an additional 2,144 SF of office and is currently being offered for lease at $14.39/SF/Yr. + NNN. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building projecting an NOI of over $200,000, a 7% Cap Rate of Return.