1050 Wellington Avenue, Grand Junction, CO 81501

List Price

Property Description

All brick medical buildings built by Shaw Construction in excellent condition in the heart of major medical institutions just minutes from St. Mary's Hospital with great ingress/egress and 44 parking spaces. Major strong single tenant net leased investment. Current tenant primary term was 7 years and has extended lease until October 2024. Year 1 CAP rate is 6.46% with 3% escalations each year starting October 14, 2019. 5th year end CAP will be 7.27%. This is a NNN lease with zero landlord responsibilities.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX 4000, INC.

© 2018 Grand Junction Area Association of Realtors All right reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity℠ Program. Real estate listings held by brokerage firms other than Real Estate Company are marked with a logo and detailed information about them includes the name of the listing brokers. Listing Broker has attempted to offer accurate data, but Buyers are advised to confirm all items. Information updated Daily. IDX Terms and Conditions