$3,500,000

2430 Patterson Road

Grand Junction CO, 81505

Description

Sound investments with credible tenants, sound construction, intensive interior build out, all while being placed in a great location on the Home Depot out-parcel across from Mesa Mall. Current tenants are Sport Clips, Which Wich, and Costa Vida - all have been int he building since 2013/2014 and have 5-10 year options to renew, approximately 3-4 years left on primary terms. Lease rates will increase upon renewal (approximately 10%) which bodes for greater future returns. Located in the heart of Grand Junction's retail area, surrounded by Home Depot, PetSmart, Target, Khols, Best Buy, and more. Turn-key investment with low maintenance and management needed. while being located in a prime frontage retail parcel.

Details

MLS#20203680
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site90

Features

SQ Feet6,741
ZoningC-1

Market Activity 81505

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Area Information
StateCO
CityGrand Junction
Zip Code81505
AreaNorth Grand Junction
Listing VS Median (in 81505)
Price:
$3,500,000
low | high
Med:
$149,900
100% of Average
SqFt:
6,741
low | high
Med:
0
100% of Average
$ / SqFt:
$519
low | high
Med:
$0
100% of Average
On Site:
90
low | high
Med:
195
46.153846153846% of Average
Listing Updated: 10/25/2020
KYLE SERRANO LogoMLS Number: 20203680
Listing Provided By:
KYLE SERRANO  of  BRAY COMMERCIAL

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.