507 Fruitvale Court, Grand Junction, CO 81504
507 Fruitvale Court, Grand Junction, CO 81504
507 Fruitvale Court, Grand Junction, CO 81504
507 Fruitvale Court, Grand Junction, CO 81504
507 Fruitvale Court, Grand Junction, CO 81504
507 Fruitvale Court, Grand Junction, CO 81504
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Est. payment | /mo
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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

Excellent commercial investment or user/investor opportunity offering a current 7.6% CAP rate with a strong mix of existing income and future occupancy potential. A NEW ROOF is scheduled to be installed in September 2026! Unit C consists of approximately 4,800 SF and was recently renewed for a 5-year term through 2031, with tenant paying NN expenses and utilities, plus 3% annual rent escalations providing a stable and growing income stream. Unit A consists of approximately 4,000 SF and is leased through December of 2025. Property is located within an established light industrial park with convenient access to I-70 Business Loop and major commercial corridors. Sale includes parcel numbers 2943-093-53-037, 2943-093-53-015, and 2943-093-53-016. An attractive opportunity for an investor seeking existing cash flow or a user looking to offset occupancy costs with rental income.

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

Nearby Locations

Clayton Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 683-8595

clayton@claytonsellsgj.com

131 N 6th Street STE 200, Grand Junction, Colorado 81501, USA

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507 Fruitvale Court