$1,360,000
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1404 Hawk Parkway Unit 101 &102 Montrose, CO 81401
Office
Residence
Beds
1
Baths
3,498
Sq. Ft.
1.86
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office building in Montrose. Recent high end custom build-out to cu...rrent tenant specifications. Perfect for passive investors and 1031 Exchanges. Offered at 4.5 cap rate. Combined Condominium Units 101 & 102 in the Milestone Building of 3,498 Net Square Feet and 4,539.32 gross square feet, representing 12.98 % of the Condominium Allocated Interest. Tenant: American AgCredit, FLCA, a federally chartered corporation. 3 % Annual Rent Escalators. Tenant Extension Option for 5 years upon expiry of current lease October 31, 2023. Lease: True âNNNâ. All Common area charges direct Tenant responsibility included in Lease and payable directly to Condominium Association by Tenant. Entertaining qualified and serious offers. Brokers, please review Agent's Confidential Remarks Section. Listing Broker is Member of Seller. All information contained herein is deemed reliable, but should be independently verified.
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MLS#
786891
Property Type
Office
Bathrooms
1 Half
Square Feet
3,498
sq. ft
Price per Sq. Ft.
$388.79
Lot Size
1.86
Stories
1.0
Sewer
Public Sewer
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