Description
Prime Commercial Investment Property Next to CMU! Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential. The Highlights: • Total Size: 4,470 SF on a 0.36-acre lot • Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue! • Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income! • Potential Base Annual Rent: $100,896.00 • Grease Trap Vacant Space Features (2,200 SF): • Dedicated HVAC & ventilation fan • Stainless steel sink & mezzanine storage • 5 separate main-floor rooms • 2nd floor with open layout + private office • Potential to reinstall overhead door and windows Unbeatable Exposure & Logistics: • High-traffic North Ave location right next to CMU • Dedicated pole signage for maximum visibility • Ample parking for customers and staff Subway Remodel: • Remodeled two years ago • New plumbing, electrical and HVAC DM us today for full leasing details or to schedule a private walkthrough!
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School Ratings & Info
Description
Prime Commercial Investment Property Next to CMU! Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential. The Highlights: • Total Size: 4,470 SF on a 0.36-acre lot • Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue! • Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income! • Potential Base Annual Rent: $100,896.00 • Grease Trap Vacant Space Features (2,200 SF): • Dedicated HVAC & ventilation fan • Stainless steel sink & mezzanine storage • 5 separate main-floor rooms • 2nd floor with open layout + private office • Potential to reinstall overhead door and windows Unbeatable Exposure & Logistics: • High-traffic North Ave location right next to CMU • Dedicated pole signage for maximum visibility • Ample parking for customers and staff Subway Remodel: • Remodeled two years ago • New plumbing, electrical and HVAC DM us today for full leasing details or to schedule a private walkthrough!