818 Grand Avenue, Glenwood Springs, CO$1,500,000
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Becca PosnerBecca Posner Profile PhotoPhone: (970) 424-2281
Fax: (970) 245-2901
Cell: (970) 424-2281
becca@posner.properties
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MLS#:20205344
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SQ Feet:0
Office SQ Ft:0
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Great Investment Opportunity!! located in the Historical District of Glenwood Springs. Owner is currently remodeling building into a high-end Class A Medical office. The owner will lease back the building for 10 years with a personal guarantee at a 7% caprate. Base rent starts at $32/sf with built in escalators. The owner will start paying rent as soon as the building has been finished and ready for occupancy but no later than summer 2021. The owner is an established dental/oral surgeon with 20 + years in practice. He is expanding to GW because of the unfulfilled demand for his services. Currently, there are no other investments like this one Note: The interior photos are examples of what the finished product will look like when completed.
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Updated: 03/08/2021  You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed to be accurate.

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