3410 N Townsend Avenue, Montrose, CO 81401

Pending

$3,181,810

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

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Great for a 1031 Exchange, Hands Off Investment Opportunity with a Bonus: Potential Value Add . This building is currently under construction. Certificate of Occupancy is set for 8-1-2024 but lease starts at C.O.. Rexel is a Nationally Recognized Tenant that has signed a 7 year initial lease with 2% escalators annually and 2 ( 5 year ) renewal options with built in 2% escalators. This construction is taking place in the ever growing Montrose City business/industrial district next to the airport. There is a executed lease to review with a signed NDA. First years NOI is $210K. These types of deal are rare. Brand New lease starting at CO for 7 years with Nationally recognized Tenant. Brand new 10000 SF building in Montrose. Call agent for more. O.M. is attached to MLS

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

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MLS number: 20240440

Listing agent: Becca Posner

Listing broker: Coldwell Banker Distinctive Properties (970) 243-0456

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: Friday, April 11 2025 at 9:04 p.m. EDT

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