Great for a 1031 Exchange or and Investment Opportunity. This building is currently under construction. Certificate of Occupancy is set for 10-15-2024. The Nationally Credited Tenant has signed a 7 year initial lease with 2% escalators each year and 2 ( 5 year ) renewal options with built in escalators. This construction is taking place in the ever growing Montrose City business/industrial district. There is a executed lease to review with a signed NDA. First years NOI is $210K- $250,800 NOI Year 7. These types of deal are rare. Brand New lease starting at CO for 7 years with National Tenant. Brand new 10,000 SF building in Montrose. Located in an Opportunity Zone- Starting Cap Rate is 6.6% and escalated to 7.4% in year 7 - Each option has escalators too!