1210 Devereux Road, Glenwood Springs, CO 81601

$2,520,000
Property Type: Commercial Sale Square Footage: 7,444 Lot Size (sq. ft.): 82,764 Status: Closed
Current Price: $2,520,000 List Date: 5/02/2019 Last Modified: 9/05/2024

Overview

Description

NNN Leased Single Tenant Gerber Collision and Glass Investment + Value Add boat and RV Storage. Primary 5 year term with 4 additional renewal terms. Steel building on 1.9 acres. Good visibility and access.

Listing Details MLS# 155623

Location Info

Type
Commercial
Major Area
Glenwood Springs
Area
09-Glenwood Proper
Asking Price
2800000
Original List Price
2800000
Street #
1210
Street Name
Devereux
Street Suffix
Road
City/Town
Glenwood Springs
State/Province
CO
Postal Code
81601

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
No

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Glenwood Association

General Info

Sub/Loc
West Glenwood Industial Park
County
Garfield
Legal
Section: 5 Township: 6 Range: 89 Subdivision: WEST GLEN INDUSTRIAL PARK Block: 1 Lot: 7 THRU:- Lot: 10
Zoning
I2-River Industrial
Lot SqFt
82764
Nbr of Acres
1.9
Total SqFt
7444
Unit SqFt
7444
Business Name
Gerber Autobody
Inventory
No
Parcel #
218505408012
Year Built
1981
Directions
West Glenwood Exit, Head south on Midland Avenue, Left on Devereux to property.

Financing Info

Metro Tax District
No
Taxes
37226
Tax Year
2017
Transfer Tax
No
N.O.I.
169932
Total Expense P/Year
6000
HOA Dues
0

Status Change Info

Under Contract Date
2019-05-25
Proposed Close Date
2019-06-06
Sold Date
2019-07-01
Sold Price Per/SF
338.53
How Sold
Exchange

More Information

Remarks

Public Remarks
NNN Leased Single Tenant Gerber Collision and Glass Investment + Value Add boat and RV Storage. Primary 5 year term with 4 additional renewal terms. Steel building on 1.9 acres. Good visibility and access.

Allowable Uses

Income
Yes
Industrial - Light
Yes

Current Use

Gas/Automotive
Yes
Income
Yes
Light Industrial
Yes
Warehouse
Yes

Construction

Steel Frame
Yes

Access

Paved
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Good
Yes

Basement/Substructure

Slab
Yes

Gas

Natural Gas
Yes

Roof

Metal
Yes

Water

Community
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Extras

Fire Alarm
Yes
Fire Sprinkler Sys
Yes
Kitchen Area
Yes
Landscaped
Yes
Restrooms
Yes
Storage
Yes
ADA Compliant
Yes

Heating/Cooling

Central AC
Yes
Forced Air
Yes

Location Amenities

View
Yes

Mineral Rights

No
Yes

Documents on File

Leases
Yes
Title Insurance
Yes

Parking

21 + Spaces
Yes

Green Features

Set Back Thermostat
Yes

Occupant

Tenant Occupied
Yes
5+ Years
Yes
Option to Renew
Yes
Escalations
Yes

Disclosures

1031 Exchange
Yes
Right of 1st Refusal
Yes

Tenant Pays

Building Insurance
Yes
Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Parking Fee
Yes
Property Taxes
Yes
Sewer
Yes
Site Maintenance
Yes
Trash Collection
Yes
Water
Yes

Owner Pays

Property Taxes
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes
Subject to Lease
Yes

Expenses Include

Grounds Maintenance
Yes
Insurance
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Unit Electric
Yes
Unit Heat
Yes
Water
Yes

Sign

No
Yes

Property Features

Allowable Uses: Income; Industrial - Light Current Use: Gas/Automotive; Income; Light Industrial; Warehouse Construction: Steel Frame Condominiumized: No Roof: Metal Condition: Good Electric: Yes Gas: Natural Gas Water: Community Sanitation: Sewer Green Features: Set Back Thermostat Tenant Pays: Building Insurance; Electricity; Exterior Maintenance; Gas; Parking Fee; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Property Taxes Parking: 21 + Spaces Access: Paved Extras: ADA Compliant; Fire Alarm; Fire Sprinkler Sys; Kitchen Area; Landscaped; Restrooms; Storage Expenses Include: Grounds Maintenance; Insurance; Sewer; Snow Removal; Trash; Unit Electric; Unit Heat; Water Location Amenities: View Occupant: Tenant Occupied; 5+ Years; Option to Renew; Escalations Disclosures: 1031 Exchange; Right of 1st Refusal Documents on File: Leases; Title Insurance Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: DOD; Subject to Lease
IDX
Listing Office: Bray Commercial
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 241-2909

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