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2776 Acrin Avenue

Grand Junction, CO 81503
  • $1,350,000
  • STATUS: Active
  • ON SITE: 22 days
  • MLS #: 20212619
UPDATED: 55 min ago
$1,350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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.

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© 2021 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2021-06-19T14:16:39.93 UTC.

www.buygrandjunctionco.com/homes/117647996
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2776 Acrin Avenue Grand Junction, CO 81503

  • Price: $1,350,000
  • Status: Active
  • Updated: 55 min ago
  • MLS #: 20212619
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Orchard Mesa
County:
Mesa
Area:
Orchard Mesa
Property 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.
Exterior Features

Lot Features Corner Lot Lot Size Dimensions 150 X 300

Property Features

Possible Use Retail Property Sub Type Building Tax Annual Amount 14933 Zoning Description C-1

Listing courtesy of Kyle Serrano of Bray/Commercial.
© 2021 Grand Junction MLS. All Rights Reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX 4000 Inc. Data last updated 2021-06-19T14:16:39.93 UTC.

 
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RE/MAX 4000 Inc
120 W Park Dr Ste # 200
Grand Junction CO, 81505