569 S Commercial Drive, Grand Junction CO, 81505

Sold

569 S Commercial Drive

Grand Junction CO, 81505

$1,900,000

Sold

Commercial

Fully leased, single tenant occupant with 7 years left on a 10-year firm lease with an additional 5 years with escalation. Masonry constructed office/warehouse building, with no deferred maintenance and in immaculate condition. HVAC unit new within last year, newly painted with new flooring on half of the building. A number of tenant upgrades and improvements have been made throughout lease duration. All interior lighting will be upgraded to LED by end of 2022. Great investment opportunity with long-term stabilized lease.

20225941

MLSⓇ ID

November 10, 2022

Listed

April 1, 2024

Updated

Map

569 S Commercial Drive
Grand Junction CO, 81505

Other Property Details

Area Name: Grand Junction City
Taxes: $13,199
Tax Frequency: Annually
Days on Market: 383
Garage: No
View: No
County: MESA
Pool: No
Buyer Agency Compensation: 3%

Listing History

Date	Event	Price
11/28/2023	Price Change	$1,900,000 -18%
11/28/2023	Sold	$1,900,000
10/5/2023	Pending	—

Courtesy of BRAY/COMMERCIAL, ,
Listing Contact: 970-261-9311

Based on information from Grand Junction Area REALTORS Association as of 4/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:17 PM UTC, 4/1/2024