$3,181,810
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3410 N TOWNSEND Avenue Montrose, CO 81401
Industrial
Residence
Beds
2
Baths
10,000
Sq. Ft.
1.72
Acre
Lot
Property Activity
Time on Site
days
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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 estimated for 10-15-2024 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
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MLS#
810973
Property Type
Industrial
Bathrooms
2 Full
Year Built
2024
Square Feet
10,000
sq. ft
Price per Sq. Ft.
$318.18
Lot Size
1.72
Stories
1.0
Sewer
Other
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