3198 F Rd - Medical FOR SALE


Grand Junction, CO 81504
$750,000 USD
970-234-5674
3198 F Rd, Grand Junction, CO for Sale
$750,000 USD
Medical - FOR SALE
1/9
null | 7.37% Cap Rate

3198 F Rd
Grand Junction, CO 81504


HIGHLIGHTS

  • Profitable Investment
  • Owner-occupied or Investor

OVERVIEW

Affordable investment that pays great. Ideal for an Investor or for an Owner who wants to occupy a suite and rent out the rest of the building. Located in the corner of Patterson (F) and 32 Rds. and near an I-70 Interstate exchange. Most tenants are health or beauty related. Popular food truck in the parking lot with busy following. Many updates made within the last 20 years. Building is maintained by a full-time caretaker. More than half of the A/C & Evap units have been replaced in the last few years. Two sets of restrooms on each level plus most of the downstairs suites have private restrooms. Upstairs suites have lovely valley views and most have balconies for fresh air. Currently at over 7% NOI with a 1 suite vacancy. Two more suites are used for building purposes & could be rented for an increased NOI. If all 3 suites filled, the APOD shows a 10% NOI. Please contact Broker for APODs (current and projected) and a Rent Roll. Check out the 3D tour and the exterior video at https://www.youtube.com/watch?v=hviQYc24Tp4 and https://my.matterport.com/show/?m=R8DkiNHrg65

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

7.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Eastside Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

Commercial

APN/PARCEL ID

2943-034-00-096

ASK ABOUT THIS PROPERTY

Lori WoodGraystone Group, Inc.More Info
970-234-5674

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Lori WoodGraystone Group, Inc.More Info
970-234-5674

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