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599 Northgate Dr 15,160 SF 100% Leased Industrial Building Grand Junction, CO 81505 $1,850,000 ($122.03/SF) 5.90% Cap Rate



EXECUTIVE SUMMARY
Lots of possibilities! Great Location! Great user or investor property Great location on corner with high traffic counts Five Separate Units All units have their own overhead door CORY CARLSON CORY@VENTUREGJ.COM RARE FIND ON PATTERSON ROAD! 599 Northgate Drive OFFERED AT: $1,850,000 Current NOI $109,642 Proforma NOI $197,080 Leases are gross. Proforma based on changing tendencies to NNN
PROPERTY FACTS
| Price | $1,850,000 | Lot Size | 1.27 AC |
| Price Per SF | $122.03 | Rentable Building Area | 15,160 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.90% | Year Built | 1977 |
| Property Type | Industrial | Parking Ratio | 1.32/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 6 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C-1 - Commercial | ||
| Price | $1,850,000 |
| Price Per SF | $122.03 |
| Sale Type | Investment |
| Cap Rate | 5.90% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.27 AC |
| Rentable Building Area | 15,160 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 1.32/1,000 SF |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | C-1 - Commercial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
PROPERTY TAXES
| Parcel Number | 2945-102-12-008 | Improvements Assessment | $270,530 |
| Land Assessment | $63,530 | Total Assessment | $334,060 |
PROPERTY TAXES
Parcel Number
2945-102-12-008
Land Assessment
$63,530
Improvements Assessment
$270,530
Total Assessment
$334,060
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599 Northgate Dr
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