3410 N Townsend Avenue, Montrose, CO 81401

Other
THB ฿108,863,752
USD $3,181,810
Published on: 07 Nov 2024
Last updated on: 20 Nov 2024
3410 N Townsend Avenue, Montrose, CO 81401
3410 N Townsend Avenue, Montrose, CO 81401
3410 N Townsend Avenue, Montrose, CO 81401
+5
3410 N Townsend Avenue, Montrose, CO 81401
  • 5
Property ID: 110095590426
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Commercial - Montrose, CO

3410 N Townsend Avenue, Montrose, CO 81401
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

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Architecture Style
Other
County
Montrose
Provider
Grand Junction Area Association of Realtors
Brokerage Office Name
COLDWELL BANKER DISTINCTIVE PROPERTIES
Brokerage Office Phone
970-243-0456
Address
3410 N Townsend Avenue, Montrose, CO 81401
Contact Agent
BECCA POSNER
COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
131 N 6TH ST STE 300, GRAND JUNCTION, CO 81501
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BECCA POSNER
131 N 6TH ST STE 300, GRAND JUNCTION, CO 81501
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      Property ID: 110095590426

      Data provided by Grand Junction Area Association of Realtors, MLS #: 20240440
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