Description
Great commercial investment with an existing long-term tenant located in Western Grand Junction, right off of Patterson! Current 5 year lease occupies the building lasting through September 30th, 2025 at a 7% cap return. Tenant has been in place for many years and has performed many renovations/upgrades to the property, keeping it in great condition. Property is over 10,000 SF with a fenced yard, 5 overhead doors (1 dock high), and located in the desirable Western Grand Junction business district with high traffic counts and visibility off of Patterson Road. Great cash flow and long term appreciation value.
Details
| MLS# | 20205905 |
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| Listing Type | For Sale |
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| Sub-Type | Resale |
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| Status | Pending |
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| Days On Site | 87 |
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Features
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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| Date: Oct 2020 | Sales: 1 | Avg $ Per SqFt: $214.83 | Min Sale Price: $399,800 | Max Sale Price: $399,800 | Med Sale Price: $399,800 |
| Date: Sep 2020 | Sales: 1 | Avg $ Per SqFt: $10.48 | Min Sale Price: $25,148 | Max Sale Price: $25,148 | Med Sale Price: $25,148 |
| Date: Jul 2020 | Sales: 2 | Avg $ Per SqFt: $138.77 | Min Sale Price: $63,500 | Max Sale Price: $375,000 | Med Sale Price: $219,250 |
| Date: Jun 2020 | Sales: 2 | Avg $ Per SqFt: $199.45 | Min Sale Price: $335,000 | Max Sale Price: $357,000 | Med Sale Price: $346,000 |
| Date: May 2020 | Sales: 1 | Avg $ Per SqFt: $44.64 | Min Sale Price: $40,000 | Max Sale Price: $40,000 | Med Sale Price: $40,000 |
| Date: Apr 2020 | Sales: 5 | Avg $ Per SqFt: $152.66 | Min Sale Price: $182,500 | Max Sale Price: $750,000 | Med Sale Price: $494,900 |
| Date: Mar 2020 | Sales: 3 | Avg $ Per SqFt: $156.18 | Min Sale Price: $84,000 | Max Sale Price: $402,000 | Med Sale Price: $325,000 |
| Date: Feb 2020 | Sales: 1 | Avg $ Per SqFt: $226.47 | Min Sale Price: $640,000 | Max Sale Price: $640,000 | Med Sale Price: $640,000 |
| Oct 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $214.83 |
| Min Sale Price: | $399,800 |
| Max Sale Price: | $399,800 |
| Med Sale Price: | $399,800 |
| Sep 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $10.48 |
| Min Sale Price: | $25,148 |
| Max Sale Price: | $25,148 |
| Med Sale Price: | $25,148 |
| Jul 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $138.77 |
| Min Sale Price: | $63,500 |
| Max Sale Price: | $375,000 |
| Med Sale Price: | $219,250 |
| Jun 2020 |
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| Sales: | 2 |
| Avg $ Per SqFt: | $199.45 |
| Min Sale Price: | $335,000 |
| Max Sale Price: | $357,000 |
| Med Sale Price: | $346,000 |
| May 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $44.64 |
| Min Sale Price: | $40,000 |
| Max Sale Price: | $40,000 |
| Med Sale Price: | $40,000 |
| Apr 2020 |
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| Sales: | 5 |
| Avg $ Per SqFt: | $152.66 |
| Min Sale Price: | $182,500 |
| Max Sale Price: | $750,000 |
| Med Sale Price: | $494,900 |
| Mar 2020 |
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| Sales: | 3 |
| Avg $ Per SqFt: | $156.18 |
| Min Sale Price: | $84,000 |
| Max Sale Price: | $402,000 |
| Med Sale Price: | $325,000 |
| Feb 2020 |
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| Sales: | 1 |
| Avg $ Per SqFt: | $226.47 |
| Min Sale Price: | $640,000 |
| Max Sale Price: | $640,000 |
| Med Sale Price: | $640,000 |
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MLS Number: 20205905