111 Diamond Loop, #Suite B

Parachute, CO 81635 / Parachute Park PUD

MLS ID# 182428 Active
Leasehold

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Lease $1

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• Description
• Location Info
• Lease Info
• Financing Info
• Listing Info
• General Info
• Details

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. 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,... show more

Location Info

• Type Leasehold
• Major Area Parachute
• Area 13-Parachute Proper
• 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
• Type of Lease NNN
• Lease $ Amount TBD

Financing Info

• Annual Tax P/SqFt 0
• Tax Year 2023
• Total Expense PYear 0
• Security Deposit 1

Listing Info

• SqFt Level Yes
• SqFt Level Location Ground Floor
• Landlord Name EMERGENT #1 LLC
• SB% 2.5
• Variable Comm True
• Flat Fee No
• Agency Exclusive Right To Lease
• Landlord is licensed Realtor No
• Member Association Glenwood Association

General Info

• SubLoc 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
• Lot SqFt 0
• Nbr of Acres 0
• Account # R370523
• Parcel # 240912302010
• Year Built 2019
• Directions Parachute

Details

• Allowable Uses

  Industrial - Light

• Current Use

  Agricultural

• Construction

  Steel/Metal

• Condominiumized

  No

• Roof

  Metal

• Condition

  Excellent

• Heating/Cooling

  Gas

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City

• Tenant Pays

  Annual Escalation, Building Insurance, Deposit, Electric, Gas, Property Taxes, Trash, Water

• Parking

  Parking Lot

• Access

  Paved

• Possession

  Subject to Lease