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Attention all investors! Owner is retiring and selling both of their 9000 sq ft. fully leased commercial buildings on the corner of 29th & Patterson Road in the Safeway complex. Most of the tenants & leases are long term. Both the East (2913) and West (2905) buildings are for sale. Both buildings are for sale. 2905 (West building) is presently at a .083 cap rate. 2913 is at a .085 Cap Rate. Land lease is 1.2 acres on 2905 building and 1.94 acres on 2913 building. Seller is twenty years into a 70 year lease on the land for both buildings from Albertsons Corporation. Great opportunity to own two marque commercial building with great ROI opportunity.
Property Type(s):
Commercial
| Last Updated | 1/30/2025 | Year Built | 0 |
|---|---|---|---|
| Community | NE Grand Junction | County | Mesa |
Price History
| Prior to Jan 30, '25 | $1,200,000 |
|---|---|
| Jan 30, '25 - Today | $950,000 |
Additional Details
| AREA | NE Grand Junction |
|---|---|
| LOT DESCRIPTION | Corner Lot, Irregular Lot |
| LOT DIMENSIONS | Irregular |
| TAXES | 31152 |
| ZONING | Commercial |
Location
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Listing provided by THOMAS FEE, RE/MAX 4000, INC
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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