HIGHLIGHTS
- Mission-Critical Tenant – Leased to Hospital Cooperative Laundry, Colorado's largest healthcare laundry provider serving 36 hospitals and 400+ clini
- Proven Occupancy History – Tenant has operated from the property for 30+ years.
- Stabilized Investment with Upside – 5+ years remaining with 2 x 5-year renewal options that get reset at fair-market-value.
- Below-Market Rents – In-place rents are approximately 10% below market, creating long-term mark-to-market upside.
- Landlord-Favorable NNN Lease – NNN lease structure with additional tenant responsibilities for select capital items.
- Functional Industrial Facility – ±48,484 SF, with minimal office buildout, 20' clear heights, fenced lot, and 6 dock-high doors.
FOR SALE DETAILS
PRICE
$5,660,000 USD
PRICE/SF
$117 USD /SF
CAP RATE
6.38%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
UTILITIES
-
CLEAR CEILING HT
20 Ft
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.23
LAND SF
97,139
ZONING
I-MX-3
APN/PARCEL ID
1203-00-137
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970-310-3485
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970-310-3485
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