2905 Patterson Road Active

Grand Junction,CO 81504

$ 950000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240851

Annual Tax Amount $31,152

Lot Dimensions Irregular

Property Sub-Type Building

Property Description

Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale. Both buildings are for sale. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Great opportunity to own two marque commercial building with great ROI opportunity.

Location

State CO

County Mesa

Area Ne Grand Junction

Building

Lot Description Corner Lot,Irregular Lot

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