1956 Highway 6&50, Fruita, CO 81521

Office / Retail  |  For Sale  |  $1,150,000

Property Details

1956 Highway 6&50
Fruita, CO 81521
Asking Price
$1,150,000
Property Type
Office / Retail
Sale Type
For Sale
Status
Active
Zoning
GC
Area
Fruita
Building Size
12,000 SF
Price Per SF
$10.00
Land Acres
2.00

Property Description

8% cap rate! Unique investment opportunity with strong tenant base. NOI is $80,000+. This mixed-use property features a 6000 SF, recently remodeled school building and a 6000 SF warehouse on 2 acres. A Montessori school in year one of a five-year modified gross lease makes an excellent tenant and ensures exemption from some property taxes. The warehouse tenant is in year one of a three-year modified gross lease. Property located just off Hwy 6&50 in the beautiful, growing city of Fruita.

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