481 Gregg Dr, Buena Vista, CO 81211

11,050 SF | Flex Building | Buena Vista, CO 81211 | $2,350,000 ($213/SF) | 7% Cap Rate

Asking Price $2,350,000

Property Type: Industrial
Price / Square Foot: $213

Listing Contacts

Kurt Hediger

Verified Profile

Brenton Baskin

Verified Profile

Property Info

Property Overview

Graystone Capital Advisors is pleased to offer For Sale a 11,050 SF, Free-Standing, NN leased, single tenant industrial facility located in Buena Vista, CO. The tenant, FedEx Ground (NYSE:FDX | S&P: BBB) has 2.8 years of lease term remaining with 2 (5-Year) options to renew at 10% increases. The lease structure is Double Net (NN), with the Landlord being responsible for the maintenance of the structural portions of the building including the foundation, roof, exterior walls and floor slabs.
The subject site is located along Gregg Dr. and is just off highway 24 serving a large area of central Colorado. The building features metal construction, 20’-22’ clear height, two dock high loading doors and eight grade-level loading doors. Owner built to suit for Fedex Ground in 2017.

Property Details

Class: B
Year Built: 2017
Stories: 1
Property Subtype: Flex, Distribution, Truck Terminal
Lot Size (sq. ft): 235,660 SF

Highlights

Build to Suit facility for FedEx Ground. Built in 2017.
Metal construction, 20’-22’ clear heights, 8 grade level loading doors and 2 dock-high loading doors
Fenced

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