1404 Hawk Parkway
1404 Hawk Parkway Montrose, Colorado 81401 United States

$1,360,000
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Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office...

Listing Courtesy of High Country Properties Montrose

Listing Courtesy of High Country Properties Montrose
$1,360,000
Change Currency
1
Partial Bath
3,498 Sq Ft.
Interior
1.86 Acres
Exterior
Commercial
Property type
786891
Web Id
786891
MLS ID
43
days ago

About 1404 Hawk Parkway

Excellent income and capital appreciation investment opportunity in the Milestone Building in rapidly expanding Montrose, Colorado. Highest quality national tenant, occupying the premier location in the highest quality, best located office building in Montrose. Recent high end custom build-out to current tenant specifications. Perfect for passive investors and 1031 Exchanges. Offered at 4.5 cap rate. Combined Condominium Units 101 & 102 in the Milestone Building of 3,498 Net Square Feet and 4,539.32 gross square feet, representing 12.98 % of the Condominium Allocated Interest. Tenant: American AgCredit, FLCA, a federally chartered corporation. 3 % Annual Rent Escalators. Tenant Extension Option for 5 years upon expiry of current lease October 31, 2023. Lease: True NNN. All Common area charges direct Tenant responsibility included in Lease and payable directly to Condominium Association by Tenant. Entertaining qualified and serious offers. Brokers, please review Agent's Confidential Remarks Section. Listing Broker is Member of Seller.

Listing Courtesy of High Country Properties Montrose, CREN MLS

Amenities

  • A/C
  • Carpet

features

cooling
Electric
Parking
Garage, Off Street Available
lot description
Public Transportation

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Electric, Natural Gas
Parking Description
Paved, Off Street, Common, Garage, Covered
Sewer
Public Sewer Installed

INTERIOR

Flooring
Carpet, Tile, Vinyl

ADDITIONAL INFORMATION

Number of Units
2
Listing Courtesy of High Country Properties Montrose

Listing Courtesy of High Country Properties Montrose

Listing Courtesy of High Country Properties Montrose

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