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599 Northgate Dr 15,160 SF 100% Leased Industrial Building Grand Junction, CO 81505 $2,535,258 CAD ($167.23 CAD/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 | $2,535,258 CAD | Lot Size | 1.27 AC |
| Price Per SF | $167.23 CAD | 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 | $2,535,258 CAD |
| Price Per SF | $167.23 CAD |
| 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
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2945-102-12-008 | Improvements Assessment | $372,393 CAD |
| Land Assessment | $87,451 CAD | Total Assessment | $459,844 CAD |
Property Taxes
Parcel Number
2945-102-12-008
Land Assessment
$87,451 CAD
Improvements Assessment
$372,393 CAD
Total Assessment
$459,844 CAD
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599 Northgate Dr
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