Active

3410 N Townsend Avenue

Montrose CO, 81401

$3,181,810


$318.18 per sqft

Active

2 Baths

10,000 sqft

Commercial

Built in 2024

Courtesy of Coldwell Banker Commercial Prime Properties LLC with Listing Contact: 970-424-2281 

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

810973

MLS ID

February 21, 2024

Listed

August 23, 2024

Updated

Map

3410 N Townsend Avenue
Montrose CO, 81401

Interior Features

Total Stories

1


Total Bathrooms

2


Full Bathrooms

2


Floor Description

Concrete, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas, Other

Exterior/Building Features

Lot Size

1.72 Acres


Lot Features

Corner Lot


Roof

Metal


Sewer

Other

Other Property Details

Area Name

Montrose NW


Taxes

$3,706


Tax Frequency

Annually


Days on Market

152


Garage

No


Parking

Parking Space(s)


Parking Total

20


View

No


County

Montrose


Water Source

Other


Pool

No


Waterfront

Yes

Listing History

Date

Event

Price

7/22/2024

Price change

$3,181,810

-7%

Courtesy of Coldwell Banker Commercial Prime Properties LLC with
Listing Contact: 970-424-2281 


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Data last updated on: 8/23/2024

 

 

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