1944 Airport Road
Industrial | 7.00% CAP | 14,024 SqFt
Marketing description
New Commercial NNN Investment located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2023, and is divided into three (3) separate units. Unit A is 8,144 SF (58%) leased through 1/1/2028. Unit B is 3000 SF Leased until 7/1/2028. Unit C is 2944 SF Leased through 1/1/2027. All NNN leases. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building with NOI of over $214,000, a 7% Cap Rate on Asking Price
Investment highlights
New Commercial NNN Investment located off of I-70 interstate in Rifle, Colorado with a 7% cap rate return. This 14,000+ SF warehouse was completed in 2023, and is divided into three (3) separate units. Unit A is 8,144 SF (58%) leased through 1/1/2028. Unit B is 3000 SF Leased until 7/1/2028. Unit C is 2944 SF Leased through 1/1/2027. All NNN leases. Property is located in the heart of Rifle Business Park with great visibility/access from the Interstate and is equipped with 3-Phase power, contains 4 overhead doors, and sits on 1.46 acres. Strong Commercial Investment with a newly constructed building with NOI of over $214,000, a 7% Cap Rate on Asking Price
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