507 Fruitvale Court, Grand Junction CO 81504

$1,150,000

507 Fruitvale Court, Grand Junction, CO 81504

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Commercial Investment opportunity with current 6% cap rate. Includes parcels #2943-093-53-015 and 2943-093-53-016. Unit 2, consisting of 4,800/SF was recently leased with a 2-year lease with renewal options at $10/SF plus NN and Utilities. Unit 1 consisting of 4,000/SF is currently leased for $2,600/month modified gross lease with primary term expiring November of 2024 with two additional three year terms. Property located in a light industrial park with easy access to I70B.

Location
Subdivision	-
County	Mesa
Elementary School	-
Middle School	-
High School	-

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MLS number: 20244035

Listing agent: Cory Carlson

Listing broker: Bray Real Estate (970) 242-3647

Copyright © 2025 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 15 2025 at 12:33 a.m. EST

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