2501 North Ave - Retail FOR SALE


Grand Junction, CO 81501
$2,060,000 USD
801-303-5480
2501 North Ave, Grand Junction, CO for Sale
$2,060,000 USD
Retail - FOR SALE
1/2
null | 5.25% Cap Rate

2501 North Ave
Grand Junction, CO 81501


HIGHLIGHTS

  • No Landlord responsibilities
  • Full turn intersection access
  • Drive thru with ample parking
  • Close to hospital and schools
  • Superior demographics for this coffee franchise

OVERVIEW

Property is The Human Bean coffee franchise. Tenant has multiple locations. Starting 4th year of 15 year lease, 11 years remaining Rent increases 3% per year. Zero or less landlord responsibilities. Was developed as a reverse build-to-suit. Tenant spent significantly more than Landlord's contribution on construction. Outparcel for shopping center. Located on major traffic artery with 30,000 cars per day.

FOR SALE DETAILS

PRICE

$2,060,000 USD

PRICE/SF

$3,433 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C-1

APN/PARCEL ID

2945-131-01-043,R103354

ASK ABOUT THIS PROPERTY

Kyle McMullinCushman & WakefieldMore Info
801-303-5480

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

Kyle McMullinCushman & WakefieldMore Info
801-303-5480

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