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Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale & must be purchased together. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Buyer must have a 5 million net worth to assign the land lease. Great opportunity to own two marque commercial building with great ROI opportunity.
Location
Subdivision -
County Mesa
Elementary School -
Middle School -
High School -
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MLS number: 20240851
Listing agent: Thomas Fee
Listing broker: Re/Max 4000, Inc (970) 241-4000
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: Thursday, March 6 2025 at 4:01 p.m. EST
Kotohomes National