111 DIAMOND Loop, Suite B, Parachute, CO 81635 (MLS# 182428)

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111 DIAMOND Loop, Suite B, Parachute, CO 81635

$1
Property Type: Commercial Leasehold Status: Active
Current Price: $1 List Date: 2/02/2024 Last Modified: 2/02/2024

Description

111 Diamond Loop, Suite B is a 23,520 SF greenhouse located in the Town of Parachute's light industrial zoning district. Formerly a marijuana cultivation facility, Suite B has four greenhouses of 4,200 SF each, 4,704 SF for trimming and processing, separate drying and curing vaults, storage and minimal office space. The suite has an extensive security system including 360-degree cameras, fixed cameras, infrared sensors, keypad entry and sirens. Together with Suite A (currently occupied), the building totals 38,828 SF on 2.62 acres and features ample parking. The property is located approximately one mile from I-70 exit 75, providing convenient east/west access throughout Colorado. The City of Grand Junction, with a population of 68,000 people and situated 30 minutes from the subject property, recently approved the sale of recreational marijuana via eight new stores. Previously, the only option to purchase recreational cannabis in the Grand Valley was in Palisade. Grand Junction's approval is expected to create a significant amount of new demand for cannabis in the area.

More Information MLS# 182428

Location Info

Current Price: $1 Type: Leasehold Major Area: Parachute Area: 13-Parachute Proper Original List Price: 1 Street #: 111 Street Name: DIAMOND Street Suffix: Loop Address 2/Unit #: Suite B City/Town: Parachute State/Province: CO Postal Code: 81635

Lease Info

Total Building SqFt: 0.00 Unit SqFt: 23520 Asking Price: 1 Type of Lease: NNN Lease $ Amount: TBD

Financing Info

Tax Year: 2023 Security Deposit: 1

Listing Info

SqFt Level: Yes SqFt Level Location: Ground Floor Listing Date: 2024-02-02 Landlord is licensed Realtor: No Member Association: Glenwood Association

General Info

Sub/Loc: Parachute Park PUD County: Garfield Legal: SECTION: 12 TOWNSHIP: 7 RANGE: 96 SUBDIVISION: PARACHUTE PARK P.U.D. BLOCK: 3 LOT: 10 AMENDED LOTS 1-3, 6-10, BLOCK 2 & Zoning: Light Industrial Parcel #: 240912302010 Year Built: 2019 Directions: Parachute

Status Change Info

Status: Active

Remarks

Public Remarks: 111 Diamond Loop, Suite B is a 23,520 SF greenhouse located in the Town of Parachute's light industrial zoning district. Formerly a marijuana cultivation facility, Suite B has four greenhouses of 4,200 SF each, 4,704 SF for trimming and processing, separate drying and curing vaults, storage and minimal office space. The suite has an extensive security system including 360-degree cameras, fixed cameras, infrared sensors, keypad entry and sirens. Together with Suite A (currently occupied), the building totals 38,828 SF on 2.62 acres and features ample parking. The property is located approximately one mile from I-70 exit 75, providing convenient east/west access throughout Colorado. The City of Grand Junction, with a population of 68,000 people and situated 30 minutes from the subject property, recently approved the sale of recreational marijuana via eight new stores. Previously, the only option to purchase recreational cannabis in the Grand Valley was in Palisade. Grand Junction's approval is expected to create a significant amount of new demand for cannabis in the area.

Property Features

Allowable Uses: Industrial - Light Current Use: Agricultural Construction: Steel/Metal Condominiumized: No Roof: Metal Condition: Excellent Heating/Cooling: Gas Electric: Yes Gas: Natural Gas Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electric; Gas; Property Taxes; Trash; Water Parking: Parking Lot Access: Paved Possession: Subject to Lease
Listing Office: Fortius Capital Investment Services
Last Updated: February - 02 - 2024
111 DIAMOND Loop, Suite B, Parachute, CO 81635- MLS# 182428
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: (970) 231-4199

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