17
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$1,150,000
Est. payment /mo
Active
507 Fruitvale Court Grand Junction, CO 81504
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251728
Annual Tax Amount $18,461
Lot Dimensions Irregular
Property Sub-Type Commercial
Property Description
Commercial Investment opportunity with current 7.6% cap rate. Includes parcel numbers: 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. Unit C, consisting of 4,800/SF is leased through 3/31/2026, with renewal options at $10/SF plus NN and Utilities and 3% annual escalators. Unit A consisting of 4,000/SF is leased through 12/31/2025 with renewal option for one additional year with 3% escalator for $3,329/month plus NN and Utilities. Property located in a light industrial park with easy access to I70B.
Location
State CO
County Mesa
Area Ne Grand Junction
Direction I-70B east of 30 Road. Take frontage Road to Fruitvale Ct., building located on the left.
Building
Lot Description Cul-De-Sac, Irregular Lot
Listed by VENTURE GROUP
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