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1404 Hawk Parkway , 101 &102

Montrose, CO 81401
  • $1,360,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 786891
UPDATED: 18 min ago
$1,360,000
  • 0
    BEDS
  • 1.86
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 3,498
    SQFT
  • $389
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing courtesy of High Country Properties Montrose.


Description

Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office building in Montrose. Recent high end custom build-out to current tenant specifications. Perfect for passive investors and 1031 Exchanges. Offered at 4.5 cap rate. Combined Condominium Units 101 & 102 in the Milestone Building of 3,498 Net Square Feet and 4,539.32 gross square feet, representing 12.98 % of the Condominium Allocated Interest. Tenant: American AgCredit, FLCA, a federally chartered corporation. 3 % Annual Rent Escalators. Tenant Extension Option for 5 years upon expiry of current lease October 31, 2023. Lease: True "NNN. All Common area charges direct Tenant responsibility included in Lease and payable directly to Condominium Association by Tenant. Entertaining qualified and serious offers. Brokers, please review Agent's Confidential Remarks Section. Listing Broker is Member of Seller. All information contained herein is deemed reliable, but should be independently verified.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T08:56:22.033.
www.thehowegroup.co/homes/121448527
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1404 Hawk Parkway , 101 &102 Montrose, CO 81401

  • Price: $1,360,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 18 min ago
  • MLS #: 786891
0
Beds
0
Baths
1
½ Baths
1.86
Acres
3,498
SQFT
$389
$/SQFT
Neighborhood:
Montrose City
County:
Montrose
Area:
Montrose City
Property Description
Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office building in Montrose. Recent high end custom build-out to current tenant specifications. Perfect for passive investors and 1031 Exchanges. Offered at 4.5 cap rate. Combined Condominium Units 101 & 102 in the Milestone Building of 3,498 Net Square Feet and 4,539.32 gross square feet, representing 12.98 % of the Condominium Allocated Interest. Tenant: American AgCredit, FLCA, a federally chartered corporation. 3 % Annual Rent Escalators. Tenant Extension Option for 5 years upon expiry of current lease October 31, 2023. Lease: True "NNN. All Common area charges direct Tenant responsibility included in Lease and payable directly to Condominium Association by Tenant. Entertaining qualified and serious offers. Brokers, please review Agent's Confidential Remarks Section. Listing Broker is Member of Seller. All information contained herein is deemed reliable, but should be independently verified.
Exterior Features

Acreage Range 1-1.99 Carport No Lot Dimension 1.86 Acres Parking CommonCoveredGarageOff StreetPaved Sewer Public Sewer Installed Stories 1 Street Description 150'+ FrontageCity/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Cooling Type Central A/C Finished Sq Ft 3498 Flooring CarpetTileVinyl Foundation Crawl Space Heating Fuel Source ElectricNatural Gas Heating System Forced AirOther Office Sq Ft 3498 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities ElectricFiber OpticsSanitary SewerThree-Phase Books Available No Cam No Covenants Yes Current Use General Office Disclosures CovenantsSeller is Licensed Agent Documents On File CovenantsPlot Plan/Plat/Survey Exchange Trade No Existing Utilities ElectricInternetPhoneWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Oa Fees 1796.81 Oa Fees Frequency Monthly Oa Name Mbca Owners Association Yes Possible Property Use Professional/MedicalRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes 9960.76 Type Office Variable Rate No Water Rights No Zoning Type Commercial

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T08:56:22.033.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of High Country Properties Montrose.