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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

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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
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2945-102-12-008
Land Assessment
$63,530
Improvements Assessment
$270,530
Total Assessment
$334,060
  • Listing ID: 37293242

  • Date on Market: 8/15/2025

  • Last Updated:

  • Address: 599 Northgate Dr, Grand Junction, CO 81505

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