7101 W 117th Ave - Self-Storage Facilities FOR SALE


Broomfield, CO 80020- Lower Broomfield
$1,895,000 USD
720-788-1145
7101 W 117th Ave, Broomfield, CO for Sale
$1,895,000 USD
Self-Storage Facilities - FOR SALE
1/7
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7101 W 117th Ave
Broomfield, CO 80020
Lower Broomfield


HIGHLIGHTS

  • Strong demand in a high-traffic, rapidly developing corridor between Denver and Boulder

OVERVIEW

We purchased this location August of 2023 and put several hundred thousand dollars of CAPEX including New roof to one of the budlings, painted the entire facility office, units, buildings, doors etc, new cameras, new led lighting, new gate keypads and software, new computers and office equipment, Brand new pavement in entire facility not just seal coat,. The managing partner recently relocated and moved out of state and as such we are motivated to sell both our Colorado locations to 1031 and invest the money where he is at now. The other site in case you want to make a package deal is also on loopnet is K and K Storage in Evans CO. We are not interested in seller financing or carrying any part of the debt. We are selling ourselves and so you will be working directly with the sellers and we do not currently have a broker. I have uploaded the May 2026 mngt summary. Please note the storage mngt summary does NOT include the PENSKE truck income as such that is a separate report. That income is paid directly to us from Penske once per week. which of course most the revenue comes in during the summer and last year was $69k of income. Revenue and occupancy is trending higher then 2025 But Adjusted NOI for last year was $102,440 and should be higher this year. Also I have uploaded the first quarter Jan-Apr 2026 PandL. Of note we pay the entirety of the property tax and insurance premiums in full so we are heavy on expenses in the first quarter but then of course the other 3 quarters have zero for those items. Also on the P and L you will see $37k in rent expense. That will be immediately added back into day one NOI for a new buyer. We merely set it up this way as 2 entities one dba rents the ground/buildings from the other for allocation of good will and tax purposes but it is not a true expense it is just us paying ourselves profit. Also the annual rate increase notices have already gone out and take effect July 1st and as such will add $800 in revenue.

FOR SALE DETAILS

PRICE

$1,895,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Broomfield Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,729 SF

ZONING

I-2, Broomfield

APN/PARCEL ID

1717-02-1-14-001

ASK ABOUT THIS PROPERTY

Brandon LuthyeElite Self Storage ManagementMore Info
720-788-1145

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Brandon LuthyeElite Self Storage ManagementMore Info
720-788-1145

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