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$3,385,000
1.72± Acres
Active
Montrose County, CO

TBD Townsend, Montrose, Colorado

MLS ID: 810973
Status: Active
Price: $3,385,000
Acres: 1.72±
Type: Business, Commercial
Address: TBD Townsend
City, State: Montrose, CO
County: Montrose County
ZIP Code: 81401
Parcel Number: 376718113002
Listed by: Becca Posner of Coldwell Banker Commercial Prime Properties Llc
Bathrooms: 2
SqFt: 10,000
Year Built: 2024

Description

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 MLS

Additional Information

Interior

Bathrooms Full: 2
Building Area Total: 10,000
Cooling (Yes/no): Yes
Cooling: Central Air
Flooring: Concrete, Tile
Furnished: Unfurnished
Heating (Yes/no): Yes
Heating: Forced Air, Natural Gas, Other

Exterior

Fencing: Chain Link, Other, Security
Foundation Details: Slab
Lot Features: Corner Lot
Lot Size Dimensions: 150x300
Parking Features: Parking Spaces
Parking Total: 20
Road Frontage Type: City Street, Other
Roof: Metal
Stories: 1
Waterfront: Yes

Financial/HOA/Schools

Days On Market: 11
Tax Annual Amount: 3705.56
Zoning Description: Business, Commercial, Industrial

Extra Information

Documents Available: Lease
Spencer Jordan

Spencer Jordan

Carbondale, Colorado

(203) 962-3683

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Listed By: Becca Posner of Coldwell Banker Commercial Prime Properties Llc