Investment Opportunity Continuous lease since 1992. 17,862' +/-
Our client is selling a fully occupied office building near Monte Vista, Colorado. This is a great investment opportunity with a long-term tenant and a lease in place. Lots of room, flexible interior space, well maintained, and a positive cash flow. This building could provide great income or be tailored to fit the needs of the owner. Currently leased and occupied by the Rio Grande National Forest Service, and has been continuously leased for years. This 17,869 sq. ft. building sits on 80,000 sq. ft. with 200 feet of Highway 160 frontage. The lot is 400 feet deep. Constructed in 1968, with a poured concrete foundation, the building is wooden frame with a brick veneer. The rubber membrane roof was replaced in 2006. The floor plan is built to suit the current tenant, and consists of over 45 rooms including offices, work and meeting areas, reception area, workout rooms, showers, bathrooms, and more.
Renovation: There is no deferred maintenance on the building. Repairs are made promptly. Over the past few years, area of flooring have been replaced, and HVAC systems have been upgraded or replaced. The parking lot has been resealed and striped.
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