1211 Wellington Ave - Bank FOR SALE


Grand Junction, CO 81501
$3,970,000 USD
970-263-2948
1211 Wellington Ave, Grand Junction, CO for Sale
$3,970,000 USD
Bank - FOR SALE
1/12
null | 4.41% Cap Rate

1211 Wellington Ave
Grand Junction, CO 81501


HIGHLIGHTS

  • Prime location with heavy foot traffic
  • High visibility with high VPD (Vehicles Per Day) traffic count
  • Strong credit tenant
  • Absolute NNN lease
  • Easy access in a central location

OVERVIEW

A rare opportunity to acquire a fully leased, single-tenant Wells Fargo Bank branch secured by a 15-year term. This freestanding, purpose-built facility is located in a high-traffic corridor just minutes from downtown Grand Junction, offering strong visibility and access. The property is backed by an investment-grade tenant under an absolute NNN ground lease with NO landlord responsibilities and no early termination rights. The lease features 10% rent increases every five years and four (4) five-year renewal options, providing secure, long-term income growth. An ideal passive investment in one of Western Colorado’s fastest-growing markets.

FOR SALE DETAILS

PRICE

$3,970,000 USD

PRICE/SF

$835 USD /SF

CAP RATE

4.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

b-1

APN/PARCEL ID

2945-122-55-002

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 Notice.