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3410 N Townsend Avenue

Montrose, CO 81401
  • $3,181,810
  • STATUS: Active
  • ON SITE: 160 Days
  • MLS #: 20240440
UPDATED: 121 min ago
$3,181,810
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus: Potential Value Add . This building is currently under construction. Certificate of Occupancy is set for 8-1-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLS

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© 2024 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 Coldwell Banker Distinctive Properties. 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 Coldwell Banker Distinctive Properties. Data last updated 2024-07-15T21:15:21.327 UTC.

www.westerncoloradodistinctiveproperties.com/homes/147297345
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3410 N Townsend Avenue Montrose, CO 81401

  • Price: $3,181,810
  • Status: Active
  • On Site: 160 Days
  • Updated: 121 min ago
  • MLS #: 20240440
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Montrose
County:
Montrose
Area:
Montrose
Property Description
Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus: Potential Value Add . This building is currently under construction. Certificate of Occupancy is set for 8-1-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLS
Exterior Features

Lot Features Cleared Corner Lot Irregular Lot Lot Size Dimensions irreg

Property Features

Possible Use Industrial Office Warehouse Property Sub Type Commercial Tax Annual Amount 3705.56 Zoning Description B-3

Listing courtesy of Becca Posner of COLDWELL BANKER COMMERCIAL PRIME PROPERTIES: 970-243-7375.
© 2024 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 Coldwell Banker Distinctive Properties. 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 Coldwell Banker Distinctive Properties. Data last updated 2024-07-15T21:15:21.327 UTC.

 
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Coldwell Banker Distinctive Properties
2499 US Highway 6 & 50
Grand Junction CO, 81505