Active
507 Fruitvale Court
Grand Junction CO, 81504
$1,150,000
Active
Commercial
Commercial Investment opportunity with current 6% cap rate. Includes parcels #2943-093-53-015 and 2943-093-53-016. Unit 2, consisting of 4,800/SF was recently leased with a 2-year lease with renewal options at $10/SF plus NN and Utilities. Unit 1 consisting of 4,000/SF is currently leased for $2,600/month modified gross lease with primary term expiring November of 2024 with two additional three year terms. Property located in a light industrial park with easy access to I70B.
20234310
MLSⓇ ID
October 2, 2023
Listed
April 18, 2024
Updated
Map
507 Fruitvale Court
Grand Junction CO, 81504
Other Property Details
Area Name
NE Grand Junction
Taxes
$18,696
Tax Frequency
Annually
Days on Market
199
Garage
No
View
No
County
MESA
Pool
No
Buyer Agency Compensation
3%
Courtesy of BRAY/COMMERCIAL, ,
Listing Contact: 970-261-9311
Based on information from Grand Junction Area REALTORS Association as of 4/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 6:12 PM UTC, 4/18/2024
