?? Prime Commercial Investment Property Next to CMU! ??
Positioned directly off bustling North Avenue and adjacent to Colorado Mesa University, this high-visibility property offers steady cash flow with massive upside potential.
The Highlights:
• Total Size: 4,470 SF on a 0.36-acre lot
• Built-in Income: Includes an established Subway franchise tenant on a 5-year lease (with 3 additional 5-year renewal options). Lease rate is based on 8% of Subway sales revenue!
• Value-Add Potential: 2,200 SF vacant space on the north side—ready to lease out for additional income!
• Potential Base Annual Rent: $100,896.00
• Grease Trap
Vacant Space Features (2,200 SF):
• Dedicated HVAC & ventilation fan
• Stainless steel sink & mezzanine storage
• 5 separate main-floor rooms
• 2nd floor with open layout + private office
• Potential to reinstall overhead door and windows
Unbeatable Exposure & Logistics:
• High-traffic North Ave location right next to CMU
• Dedicated pole signage for maximum visibility
• Ample parking for customers and staff
Subway Remodel:
• Remodeled two years ago
• New plumbing, electrical and HVAC
DM us today for full leasing details or to schedule a private walkthrough! ??