$1,459,900

610 25 Road

Grand Junction CO, 81505

Description

Fully leased free standing medical office building with approximately 7% cash on cash return, with 3% annual rent increases. NNN Lease to St. Mary's (SCL Health). They are going on their 5th year at this building and just recently extended for 3 years to 7/31/2024 on the lease. Fully remodeled in 2016 and a new roof in September 2021. This building is located just north of Patterson Road on the east side of 25 Road. All figures and information are approximate and should be verified by Buyer.

Details

MLS#20214656
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site102

Features

Market Activity 81505

JAY CRS FELLHAUER LogoMLS Number: 20214656
Listing Provided By:
JAY CRS FELLHAUER  of  RE/MAX TWO RIVERS REALTY,INC.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.

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Area Information
StateCO
CountyMESA
CityGrand Junction
Zip Code81505
AreaNorth Grand Junction
Listing VS Median (in 81505)
Price:
$1,459,900
low | high
Med:
$490,127
100% of Average
On Site:
102
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: November 25, 2021 12:26:19 AM PST