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1944 Airport Road

Rifle, CO 81650
  • $2,850,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 20224979
UPDATED: 42 min ago
$2,850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

BRAND NEW Commercial Investment Property located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2022, and is divided into two (2) separate units. Unit A is 8,144 SF (58%) and will contain an owner leaseback subject to negotiations but projected at 2-5 years @ $14.22/SF/Yr + NNNs. Unit B is 5,880 SF with opportunity to add an additional 2,144 SF of office and is currently being offered for lease at $14.39/SF/Yr. + NNN. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building projecting an NOI of over $200,000, a 7% Cap Rate of Return.

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© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 CapRock Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 CapRock Real Estate. Data last updated 2022-12-09T10:17:14.513 UTC.

www.realestategj.com/homes/133228836
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1944 Airport Road Rifle, CO 81650

  • Price: $2,850,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 42 min ago
  • MLS #: 20224979
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Rifle
County:
Garfield
Area:
Rifle
Property Description
BRAND NEW Commercial Investment Property located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2022, and is divided into two (2) separate units. Unit A is 8,144 SF (58%) and will contain an owner leaseback subject to negotiations but projected at 2-5 years @ $14.22/SF/Yr + NNNs. Unit B is 5,880 SF with opportunity to add an additional 2,144 SF of office and is currently being offered for lease at $14.39/SF/Yr. + NNN. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building projecting an NOI of over $200,000, a 7% Cap Rate of Return.
Exterior Features

Lot Size Dimensions 233 X 340

Property Features

Possible Use AutomotiveIndustrialManufacturingOfficeOtherServiceSee RemarksWarehouse Property Sub Type Commercial Tax Annual Amount 4367.68 Zoning Description Li Pud

Listing courtesy of Kyle Serrano of Bray/Commercial: 970-241-2909.
© 2022 Grand Junction MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 CapRock Real Estate. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 CapRock Real Estate. Data last updated 2022-12-09T10:17:14.513 UTC.

 
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Grand Junction CO, 81501