BEST BUY | $5,043,729 | 7.00% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Best Buy a single-tenant property located at 585 24 1/2 Road, Grand Junction, Colorado 51505.
The subject property is comprised of 30,751 square feet and was built in 1996 and remodeled in 2006. The building sits on a large 3.50 Acre lot located just off 24 1/2 Road which oversees 15,500± Vehicles Per Day. Best Buy has 6-years remaining with One, 5-year option to extend the term.
Best Buy Co., Inc. is a provider of technology products, services and solutions. The Company offers products and services to the customers visiting its stores, engaging with Geek Squad agents, or using its Websites or mobile applications. It has operations in the United States, Canada and Mexico.
The Company operates through two segments: Domestic and International. The Domestic segment consists of the operations in all states, districts and territories of the United States, under various brand names, including Best Buy, bestbuy.com, Best Buy Mobile, Best Buy Direct, Best Buy Express, Geek Squad, Magnolia Home Theater, and Pacific Kitchen and Home. The International segment consists of all operations in Canada and Mexico under the brand names, Best Buy, bestbuy.com. ca, bestbuy.com.mx, Best Buy Express, Best Buy Mobile and Geek Squad. As of December 31, 2016, the Company operated 1,200 large-format and 400 small-format stores throughout its Domestic and International segments.