2779 Acrin Ave - Freestanding FOR SALE


Grand Junction, CO 81503
$3,397,000 USD
970-263-2948
2779 Acrin Ave, Grand Junction, CO for Sale
$3,397,000 USD
Freestanding - FOR SALE
1/20
null | 5% Cap Rate

2779 Acrin Ave
Grand Junction, CO 81503


HIGHLIGHTS

  • Single-tenant drive thru 100% master leased to Starbucks with 10-year term and corporate guarantee.
  • Well-established and reliable tenant with investment grade credit
  • Offered at a 5% cap rate with an average cap rate of 5.5% over the primary term
  • High visibility, nicely landscaped, drive through access, paved parking
  • Brand new construction built in 2024
  • 2,200 sf building on 1.14 acres

OVERVIEW

Excellent investment opportunity. Brand new single-tenant building built in 2024 on 1.14 acres. Great visibility off of US-50 and located in a heavily traveled area composed of restaurants, parks, and commercial businesses. Fully leased to a well-established and reliable tenant (Starbucks) with a 10-year term, NNN leases, and multiple 5-year options to extend. Nicely landscaped with drive-through access, paved and lit parking lot, 1,500 gallon grease trap, and new HVAC systems.

FOR SALE DETAILS

PRICE

$3,397,000 USD

PRICE/SF

$1,544 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Orchard Mesa Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

MU-2

APN/PARCEL ID

2945-254-40-011

ASK ABOUT THIS PROPERTY

Sid SquirrellCache DevelopmentMore Info
970-263-2948

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Sid SquirrellCache DevelopmentMore Info
970-263-2948

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.