800 Airport Road, Rifle, CO 81650

$3,000,000
Property Type: Commercial Sale Square Footage: 32,268 Lot Size (sq. ft.): 162,870 Status: Closed
Current Price: $3,000,000 List Date: 3/09/2020 Last Modified: 9/05/2024

Overview

Description

Bring your investors! Rifle Commons is a fully leased retail center with financially solid, long-term tenants such as Starbucks, Little Caesars, Great Clips, All Kids Dental, and Tequila's Mexican Restaurant. NOI $278,431, 6% cap rate. Value-add attached to rent growth. 3.7-acre parcel with 32,000+ SF between two buildings built in 2003. Located in Rifle, CO – a town with a population of 10,000 and known for its recreation.

Listing Details MLS# 163459

Location Info

Type
Commercial
Major Area
Rifle
Area
12-Rifle Proper
Asking Price
4200000
Original List Price
5000000
Street #
800
Street Name
Airport
Street Suffix
Road
City/Town
Rifle
State/Province
CO
Postal Code
81650

Keywords Info

Total Building SqFt
20.001+
Association Dues
No

Listing Info

REO
No
Member Association
Glenwood Association

General Info

Sub/Loc
Rifle Business Park
County
Garfield
Legal
Section: 15 Township: 6 Range: 93 Subdivision: RRV Lot: 9B 3RD AMENDED FINAL PLAT OF LOTS 9B & 10C 3.739 ACRES
Zoning
COMMERCIAL
Lot SqFt
162870
Nbr of Acres
3.7
Total SqFt
32268
Parcel #
217715317014
Year Built
2003
Directions
From I-70, take exit 90 to Taugenbaugh Blvd, then take Airport Road east. Property is on left.

Financing Info

Metro Tax District
No
Taxes
77100
Tax Year
2019
Transfer Tax
No

Status Change Info

Under Contract Date
2020-10-16
Proposed Close Date
2020-12-30
Sold Date
2020-12-30
Sold Price Per/SF
92.97
How Sold
Owner Will Carry

More Information

Remarks

Public Remarks
Bring your investors! Rifle Commons is a fully leased retail center with financially solid, long-term tenants such as Starbucks, Little Caesars, Great Clips, All Kids Dental, and Tequila's Mexican Restaurant. NOI $278,431, 6% cap rate. Value-add attached to rent growth. 3.7-acre parcel with 32,000+ SF between two buildings built in 2003. Located in Rifle, CO – a town with a population of 10,000 and known for its recreation.

Property Features

Allowable Uses: Income Current Use: Income; Medical; Office Building; Professional Service; Recreational; Restaurant; Retail Store Construction: Brick Condominiumized: No Condition: Good Electric: Yes Gas: Natural Gas Water: Public Parking: 21 + Spaces Access: Paved Location Amenities: High Visibility; Highway Access; View Occupant: Tenant Occupied; 1 - 2 Years; 3 - 5 Years; 5+ Years; Option to Renew; Escalations; Multiple Leases Documents on File: Leases Water Rights: No Mineral Rights: No Possession: DOD
IDX
Listing Office: Bray Commercial
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 241-2909

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