287 27 Road, Orchard Mesa, CO

Others for Sale - $5,140,617


Agent Info

Becca Posner
Coldwell Banker Commercial Prime Properties

Property Info

CIMLS#1160811
Location
  287 27 Road
  Orchard Mesa CO 81503
UpdatedJuly 18th, 2024
TypeOthers
Price$5,140,617

Property Description

UPDATE : MLS#20225613 ( AKA 288 27 RD) and MLS# 20225758 (TBD Grand Junction ) (the vacant lots are currently Under contract) New price reflects building purchase only. Orchard Mesa Industrial Park (OMIP). has been completely remodeled 2022-2023. Offering Memorandum in documents to review for potential Buyer. There are multiple Value Add opportunities for the next Buyer. Stable, Nationally Recognized Tenants, annual escalators, value add, developable land, turn key investment with substantial returns. Review Offering Memorandum for more information. There is a value add option currently for 5th Tenant space. Asking price is subject to change once this space is leased. Building is priced at a 7.5% CR with additional 6.6 acres sale price is 6.9% CR Storage Unit Business will become property of Buyer for no additional cost at the end of 3 year lease. Sale includes 3 parcels: 2945-261-03-009 , 2945-261-03-008, and 2945-252-00-009 Leases available with verifiable Buyer and signed NDA All improvements itemized for review with due diligence. Flip stick O.M. as a virtual link. Pdf packet can be sent upon request.


Financials