95 Merchant Drive Unit B1, D&E Montrose, Colorado 81401

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1 95 Merchant Drive Unit B1, D&E COMMERCIAL LEASE INFORMATION PACKET John Renfrow * Joey Huskey Renfrow Realty Member of: Page 1

2 Executive Summary Large Upstairs Office Space or Ground-level Office/Retail with Auto Bay 95 Merchant Drive Unit B1, D&E MLS# Unit Floor Sq.Ft. Monthly Monthly Yearly Yearly (MOL) Lease CAM Lease $/Sq. Ft B1 2 1,512 $500 $ $6,000 $ D&E $850 $ $10,200 $12.61 Excellent Highway Visibility and Access! Choose between two commercial condos in N Townsend/Hwy 50 corridor: 1,512 sq.ft (MOL) upstairs unit wired with optical fiber. Amenities include three private offices, reception/waiting area, server room, bathroom and kitchenette. 809 sq.ft (MOL) ground-level, end-cap units connected with shared door. Front retail/office space is 347 sq.ft. It can serve as a possible drive-thru and includes a service counter and restroom. Adjoining unit is a 462 sq.ft. auto bay with automated overhead door and floor drain. Adjusted gross; tenant pays liability insurance and CAM to cover utilities, trash, landscaping and snow removal. Landlord pays property tax and building insurance. CAM charges estimated at $3.25/sq.ft. High-traffic count. Ample off-street parking. Common signage. Great location for your business near a signalized intersection just off Highway 50, next to Montrose Ford. Contact John Renfrow or Joey Huskey at (970) Page 2

3 Aerial Photo Pole sign for property Montrose Ford N Grand Ave Montrose County Justice Center Subject property Page 3

4 Directions to Property Starting from Renfrow Realty at 1832 South Townsend Ave., Montrose, CO Office number (970) Page 4

5 Unit B1 Photographs Reception/Waiting Area Reception/Waiting Area Private Office (3 located in the space) Server Room Kitchenette Restroom Page 5

6 Sketch of Floorplan: Unit B1* *Sketch is not drawn to scale and is representational only. Page 6

7 Unit D&E Photographs Service Counter Restroom Office/Retail Area with Adjoining Door Auto Bay with Floor Drain Automated Drive-in/Overhead Door Adjoins to Front Unit Page 7

8 Sketch of Floorplan: Unit D&E* Floor drain Previously used as a drive-thru window Counter *Sketch is not drawn to scale and is representational only. Page 8

9 General Information TERMS & CONDITIONS Security deposit equal to 1-month s rent Adjusted Gross Leases Possession Tenant pays CAM charges of $3.25/sq.ft. to cover utilities, trash, landscaping and snow removal Tenant carries $1M liability policy naming the landlord as additionally insured Landlord pays Property tax and Building insurance Upon signing of lease and submission of security deposit and first month s lease payment B1 B2 D C A G Front of Building (facing Merchant Dr.) 1st floor* E F G B1 D C A F E Back of Building 2 nd floor* B2 UTILITIES Water City of Montrose (970) Sewer City of Montrose (970) Natural Gas Black Hills Energy (800) Electricity DMEA (970) Telephone CenturyLink (800) Fiber DMEA Elevate (970) Cable Charter Spectrum (877) PROPERTY SPECIFICS Heating: Unit B1, D Forced Air Merchant Dr. *Not drawn to scale Unit E (Auto Bay) Hanging Infrared Heat System Cooling: Unit B1, D Central Air Page 9

10 City Zoning Map Subject property is zoned B-3 in the City of Montrose B-3 zoning includes regulations for B-3 as well as uses by right for B-1 and B-2 Regulations are on the following page Contact City of Montrose for more information (970) Page 10

11 Zoning Breakdown* B-3 General Commercial District : "B-3" GENERAL COMMERCIAL DISTRICT (A) Intent: The B-3" General Commercial District is intended for a large variety of uses that require large storage areas to conveniently serve customers. (B) Uses by Right: (1) Uses listed as uses by right in the B-1" and B-2" Districts. (2) Automobile and vehicle sales or service establishments. (3) Farm implement sales or service establishments. (4) Mobile home sales or service establishments. (5) Building materials sales establishments. (6) Rental businesses. (7) Feed storage and sales establishments. (8) Veterinary clinics or hospitals for large animals. (9) Automobile body shops. (10) Automotive repair and service establishments. (11) Construction and contractor s office and equipment storage facilities. (12) Above ground storage facilities for hazardous fuels. (13) Parking facilities (14) Renewable energy facilities (C) Conditional Uses: (1) Uses listed as conditional uses in the B-1" and B-2" Districts. (2) Warehouses and storage facilities. (3) Antennas and towers are allowed only as conditional uses in all ones and are subject to the provisions of Section and the other applicable requirements of the City ordinances and regulations (D) The following uses are not to be construed as a use by right or a conditional use in the B-3" General Commercial District: manufacturing and industrial uses except as allowed by subsection (C)1. (E) Performance Standards: (1) Manufacturing and storage associated with manufacturing shall be indoors (2) No use may create a nuisance to other property by reason of dust, odor, noise, light, smoke or vibration or other adverse effects which cannot be effectively confined on the premises : "B-1" CENTRAL BUSINESS DISTRICT (A) Intent: The B-1 District is intended as a shopping and business center for the City and surrounding area. The most intensive ommercial use of buildings and land is encouraged with parking primarily of public concern. No off-street parking is required, except where otherwise specified. This District is oriented to pedestrian traffic. (B) Uses by Right: (1) Retail stores, business and professional offices and service establishments which cater to the general shopping public. (2) Libraries and museums. (3) Government buildings and facilities. (4) Public utility service facilities. (5) Private and fraternal clubs. (6) Theaters. (7) Restaurants and taverns. (8) College or other place of adult education (9) Fueling stations which comply with the following criteria: (a) All fuel storage, except propane, shall be located underground. (b) (b) All fuel pumps, lubrication and service facilities shall be located at least 20 from any street right-of-way line. (10) Churches. (11) Child care facilities. (12) Parks and playgrounds (13) Accessory uses * Taken from City of Montrose Zoning Regulations March 2016 (14) Hotels and motels (off-street parking required). (15) Single family homes, duplexes, and multiple family residences (offstreet parking required). (16) Parking facilities (17) Public transportation facilities (18) Renewable energy facilities (C) Conditional Uses: (1) Schools (2) Funeral homes (3) Building material businesses (4) Automobile and other vehicle sales of service establishments (5) Automobile body shops (6) Distribution, warehouse and wholesale operations (7) Dive-in or drive-thru restaurants (8) Storage facilities (9) Antennas and towers are allowed only as conditional uses in all ones and are subject to the provisions of Section and the other applicable requirements of the City ordinances and regulations (D) The following uses are not to be construed as a use by right or a conditional use in the B-1" Central Business District: Businesses that need outdoor storage are not compatible with this district : "B-2" HIGHWAY COMMERCIAL DISTRICT (A) Intent: The B-2" Highway Commercial District is intended to provide for business oriented toward serving the vehicular customer. This District provides for the convenient exchange of goods and services along the major thoroughfares of the City. (B) Uses by Right: (1) Those listed in the B-1" District as uses by right. (2) Self-service laundry facilities. (3) Drive-in or drive-thru restaurants. (4) Car washes. (5) Child care facilities (6) Rental storage units inside a building (7) Veterinary clinics or hospitals for small animals (8) Skilled nursing and assisted living facilities (9) Retail building material supply businesses (10) Parking facilities (11) Renewable energy facilities (C) Conditional Uses: (1) Those conditional uses listed for the B-1" District. (2) Recreational vehicle parks and campgrounds (3) Retail stores, business and service establishments serving the general public but which also involve limited manufacturing of the products supplied. (4) Antennas and towers are allowed only as conditional uses in all ones and are subject to the provisions of Section and the other applicable requirements of the City ordinances and regulations (D) The following uses are not to be construed as a use by right or conditional use in the B-2" Highway Commercial District: (1) Farm implement sales or service establishments. (2) Construction and contractor s equipment storage facilities (3) Machine and welding shops (4) Manufacturing and industrial uses except as allowed by Subsection (C)3. (5) Storage facilities (small rental storage units are allowed se Section (B)(7) (E) Performance Standards: No use shall be established, maintained or conducted in any B-2" Highway Commercial District that will result in any public or private nuisance. Page 11

12 Colorado DOT Traffic Count* HIGHWAY DATA ON SH 50, TOWNSEND AVE NW/O 9 th ST, MONTROSE (Station Id: ) DAILY TRAFFIC (07/16/2015) Subject Property FUTURE TRAFFIC (Projection Year 2037) AADT: Annual average daily traffic is the total volume of vehicle traffic of a highway for a year divided by 365 days and is a useful and simple measurement of how busy the road is. *Raw Data taken from Page 12

13 Proposed Addition to Rio Grande Arterial/Bypass Existing Bypass Existing Arterial Proposed arterial addition Main Street Townsend Avenue The San Juan Bypass was constructed in order to direct heavy traffic away from the Montrose downtown area. The first phase connected East Main Street to North Townsend Avenue. The second phase connected North Townsend to West Main. Further phases will continue south, parallel to Townsend, and connect to Townsend as it heads towards Ridgway. Some portions of the proposed addition do not have the exact locations finalized. Contact the City of Montrose for additional information at (970) Subject property Page 13

14 Recap MLS# Unit Floor Sq.Ft. Monthly Monthly Yearly Yearly (MOL) Lease CAM Lease $/Sq. Ft B1 2 1,512 $500 $ $6,000 $ D&E $850 $ $10,200 $12.61 Unit B1 1,512 SF Commercial Condo Wired with Optical Fiber Three Private Offices, Reception/Waiting Area, Server Room, Bathroom & Kitchenette Unit D&E 809 SF Ground-level, Endcap units connected with shared door. 347 SF Front Retail/Office Space with Service Counter and Restroom 462 SF Auto Bay with Automated Overhead Door and Floor Drain LEASE TERMS & CONDITIONS Security deposit equal to 1-month s rent Adjusted Gross Lease Tenant pays CAM to cover utilities, trash, landscaping and snow removal; $3.25/sq.ft. Tenant carries $1M liability policy naming the landlord as additionally insured Landlord pays property tax and building insurance Excellent Highway Visibility High-traffic Count Common Signage Ample Off-Street Parking Starting at: $500/month Adj. Gross Contact John Renfrow or Joey Huskey at (970) Page 14