Property Listing No Longer Available for Sale

359 Colorado Ave. #102,103, & 104

Grand Junction, CO

Retail for Sale - $795,000 - 4,100 Sq. Ft. on 0.09 acres


Property Info

CIMLS#698095
Location
  359 Colorado Ave. #102,103, & 104
  Grand Junction CO 81501
UpdatedMay 6th, 2014
TypeRetail
Price$795,000
Building4,100 Sq. Ft.
Land0.09 acres

Property Description

Exciting investor opportunity. Single-tenant, NNN lease; Downtown Grand Juntion's popular Irish Pub and Restaurant Naggy McGee's. Priced at 8% cap on this year's NOI. 3% escalator, 2 1/2 years remain on current term. Three, 3-year options to renew. Recent tenant and landlord improvements make this a good quality investment



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