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154 Colorado Ave
Montrose, CO 81401
VA COMMUNITY BASED OUTPATIENT CLINIC · Office Property For Sale

Investment Highlights

  • Major Rent Increases –The rent increases drastically over the lease term, with the rent increasing over 10% every two years in the first 6 years alone
  • New Lease – A 10-year firm, 20-year total lease is very valuable in the market today, especially in this market
  • Closest VA Center Is An Hour And A Half Away – The next closest VA is an hour and a half away in Grand Junction, CO
  • Tenant Expansion – VA was only on the first floor originally and now they are taking over the 2nd floor as well as renovating both floors
  • Major TI Renovations – Everything from new HVAC, plumbing, security measures, etc

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
7,919 SF
Year Built
1998
Building Height
1 Story
Typical Floor Size
7,919 SF
Building FAR
0.22
Lot Size
0.82 AC
Parking
10 Spaces (1.26 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
R0023033
Land Assessment
$78,950
Improvements Assessment
$289,950
Total Assessment
$368,900
  • Listing ID: 35399364

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 154 Colorado Ave, Montrose, CO 81401

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