Investment Property - Real Estate for Sale with Lease Back: Large Truck and RV Wash on N Townsend Corridor Situated on a 2.854-acre (MOL) lot, this large ~9,200 sq. ft. Truck, RV, and car wash offers a service unique in the area in a highly desirable location close to the Airport. Featuring three bays capable of handling Semi Trucks, the building also offers a detailing shop, office, reception area, and staging area for all washing pumps and machinery. With high visibility from the highway and ~25,000 daily traffic count, the property epitomizes the desirable N Townsend Ave/N Hwy 50 corridor. The property is zoned B-3 General Commercial’ in the City of Montrose. As an owner lease back, the seller is offering a 10-year lease at a 7.0% CAP rate, with four 5-year options and a 12% escalator applied to the base rent at every 5 years. The lease will be Pure Triple-Net, with the seller/tenant covering all costs associated with the building, including all utilities, building insurance, and taxes.
| MLS # | 830599 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 2004 |
| Days On Site | 244 |
| Listing Provided By | Renfrow Realty | John Renfrow |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 9,200 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | Business |
| Acreage | 2.85 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Baseboard, Electric, Natural Gas, Other |
| Furnished | Unfurnished |
| Roof | Metal |
|---|---|
| Construction Materials | Metal Siding |
| Foundation Details | Slab |
| Parking Features | Gravel, Off Street, Parking Spaces, Rear Side Off Street |
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| Utilities | Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Connected, Water Available |
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| List Aor | Montrose Association Of Realtors |
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| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Listing VS Median (in 81401) | |
Price: $2,850,000 low | high Med: $459,000 sqft: 9,200 low | high Med: 1,636 $ / sqft: $310 low | high Med: $281 On site: 244 low | high Med: 57 | |
| State | CO |
|---|---|
| County | Montrose |
| City | Montrose |
| Zip Code | 81401 |
| Area | Montrose City |
| Listing VS Median (in 81401) | |
Price: $2,850,000 low | high Med: $459,000 sqft: 9,200 low | high Med: 1,636 $ / sqft: $310 low | high Med: $281 On site: 244 low | high Med: 57 | |