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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$ 1,150,000
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

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

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