$1,150,000
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507 Fruitvale Court Grand Junction, CO 81504
General Commercial
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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 $2,60...0/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.
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MLS#
20244035
Property Type
General Commercial
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