WK Real Estate and Gibbons White Inc., seller’s exclusive advisors, are pleased to announce the opportunity to acquire 2360 Industrial Lane, a single-story flex building located in Broomfield, Colorado offered at 6.75% cap rate on existing Year-1 NOI of $1,075,775 with an approximately 2-acre site for development. The building was completely renovated, and it is 100% leased to four tenants covering a broad range of industries. There is an surplus of land to the west of the property which is approved for a new ~38k 63,000 SF building; the land can be purchased on its own for $1,570,000 or with the building.
Strategically located in the high-growth Denver-Boulder corridor, 2360 Industrial is near the intersection of US 36 and Hwy 287, approximately 17 miles north of the Denver Central Business District and 14 miles south of Downtown Boulder.
Home to an affluent and well-educated workforce, the immediate area has benefited from explosive population and employment growth. The property features quick access to Denver thoroughfares including I-25, I-70 and C-470 ideal for businesses needing proximity to urban areas and major transportation hubs