Sebastian Bradley - Coldwell Banker Distinctive Properties
220 N Palmer Street
Delta, CO 81416

$1,596,000

Description

Great little center (13,950 SF) and investment in Delta CO for sale. Well located right next to City Market and McDonalds on Hwy 50 and Hwy 92. Excellent co-tenancy with Dairy Queen, Subway, Little Caesars and Don Jilberto's. The property consists of three buildings situated on 1.88 acres. Current vacancy is 21% with 3 spaces vacant. The fully leased pro-forma at $12/SF/Yr rents is 10% cap rate, but currently at 8.3% cap rate. Call listing agent with questions.

Details

MLS#20173848
Sub-TypeResale
StatusActive
Days On Site427

Features

SQ Feet13,950
Story(s)0
ZoningC-1

Market Activity 81416

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Area Information

StateCO
CityDelta
Zip Code81416
AreaDelta
Listing VS Median (in 81416)
Price:
$1,596,000
low | high
Med:
$210,000
100% of Average
SqFt:
13,950
low | high
Med:
1,564
100% of Average
$ / SqFt:
$114
low | high
Med:
$134
32.638982366402% of Average
On Site:
427
low | high
Med:
81
100% of Average
Listing Updated: 09/21/2018
MLS Number: 20173848
Listing Provided By:
SID SQUIRRELL  of  BRAY COMMERCIAL

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Grand Junction Area REALTOR Association MLS.