2360 Industrial Ln - Warehouse FOR SALE


Broomfield, CO 80020- Lower Broomfield
$17,500,000 USD
303-944-1574
2360 Industrial Ln, Broomfield, CO for Sale
$17,500,000 USD
Warehouse - FOR SALE
1/12
null | Request Cap Rate

2360 Industrial Ln
Broomfield, CO 80020
Lower Broomfield


HIGHLIGHTS

  • Great Location Along the Denver-Boulder Corridor
  • Extensive Rennovation to Create Six Flex Units, Comparable to New Construction
  • Dock-High and Grade Level Loading
  • Fully Leased with 3.7-Year WALT
  • 6.75% Cap Rate on the Building with 2 Acres to Develop

OVERVIEW

Single-story flex building located in Broomfield, Colorado offered fully leased at 6.84% cap rate on existing year-one NOI of $1,089,206 with an approximately 2-acre site for development. The building was completely renovated, and it's 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 ~38,000 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

FOR SALE DETAILS

PRICE

$17,500,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

63K SF Building at 6.75% Cap with 2 Acres

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

4

PARKING SPACES

250

LAND DETAILS

LAND ACRES

5.5

LAND SF

239,580

ZONING

I-1

APN/PARCEL ID

1575-34-4-22-001

ASK ABOUT THIS PROPERTY

Eric RutherfordWright Kingdom Real EstateMore Info
303-944-1574

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Eric RutherfordWright Kingdom Real EstateMore Info
303-944-1574

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.