Style: Commercial
$3,181,810
3410 N Townsend Avenue, Montrose, CO 81401, US
Remarks
Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus: Potential Value Add . This building is currently under construction. Certificate of Occupancy is set for 8-1-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLSDetails
MLS#: 20240440Price: $3,181,810
Style: Commercial
County: Montrose
Lot Size: irreg
Tax Fee: 3705.5599999999999
Resources
Broker Contact
COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
131 N 6TH ST STE 300
GRAND JUNCTION, CO, 81501
US
970-243-7375
131 N 6TH ST STE 300
GRAND JUNCTION, CO, 81501
US
970-243-7375
Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Grand Junction Area Association of Realtors
Last updated: 2025-03-11T13:03:20.000-06:00.
Privacy Policy