2872 I-70BlGrand Junction, CO 81501

This exceptional investment opportunity presents a 31,296 square foot multi-tenant warehouse complex situated on a 4.91-acre lot in Grand Junction, Colorado. The property, built in 1981, consists of two buildings encompassing five individual units, each currently leased to a variety of tenants under long-term NNN leases. Tenants utilize the space for welding, manufacturing, and trucking operations. The warehouse features desirable amenities including 19 overhead doors, drive-through bays, and multiple crane bridges. Private offices are also included within the units. The property boasts a large, secure shared yard enclosed by chain link fencing and ample paved parking. Convenient access is provided via I-70 Business Loop and 29 Road, off North Avenue. The asking price is $2,450,000, representing a price per square foot of $78.28 and a price per unit of $490,000. The property's strong tenant base generates a Net Operating Income (NOI) exceeding $235,000, resulting in an attractive cap rate of 9.59%. Vacant space is currently advertised at $8.00 per square foot annually. The property is zoned I-1. This is a rare opportunity to acquire a well-located, income-producing industrial asset in a growing market.