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2501 North Ave 600 SF Retail Building Grand Junction, CO 81501 $2,853,594 CAD ($4,755.99 CAD/SF) 5.25% Cap Rate
Investment Highlights
- No Landlord responsibilities
- Drive thru with ample parking
- Superior demographics for this coffee franchise
- Full turn intersection access
- Close to hospital and schools
Executive Summary
Property is The Human Bean coffee franchise.
Tenant has multiple locations.
Starting 4th year of 15 year lease, 11 years remaining
Rent increases 3% per year.
Zero or less landlord responsibilities.
Was developed as a reverse build-to-suit.
Tenant spent significantly more than Landlord's contribution on construction.
Outparcel for shopping center.
Located on major traffic artery with 30,000 cars per day.
Tenant has multiple locations.
Starting 4th year of 15 year lease, 11 years remaining
Rent increases 3% per year.
Zero or less landlord responsibilities.
Was developed as a reverse build-to-suit.
Tenant spent significantly more than Landlord's contribution on construction.
Outparcel for shopping center.
Located on major traffic artery with 30,000 cars per day.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
600 SF
Building Class
C
Year Built
2022
Price
$2,853,594 CAD
Price Per SF
$4,755.99 CAD
Cap Rate
5.25%
NOI
$149,814 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.01 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial Zoning
Frontage
276’ on North Avenue
Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Human Bean
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Human Bean | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R103354 | Improvements Assessment | $138,095 CAD |
| Land Assessment | $222,913 CAD | Total Assessment | $361,007 CAD |
Property Taxes
Parcel Number
R103354
Land Assessment
$222,913 CAD
Improvements Assessment
$138,095 CAD
Total Assessment
$361,007 CAD
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2501 North Ave
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