628 W 5th, Cortez, CO 81321

$1,295,000
2
BA
7,500
SqFt

Listing courtesy of Regents Real Estate Group Inc..

Property Description

Attention Investors! The ideal investment property is ready for you. This 7,500 sqft commercial building in Cortez Colorado has had only one tenant for the past 20+ years…the US Department of Agriculture! The Lease was recently extended for another 5 years, and will generate consistent cash flow for a new owner at an estimated 7 to 8% cap rate. The 2.29-acre lot has a convenient location and established landscaping. The owner is responsible for maintaining the landscape and building and paying property tax and all utilities. Don't miss out on this exceptional investment opportunity in Cortez, Colorado.

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