$3,100,000
$3,200,000
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43,919 SqFt
SOLD DATE : 05/08/2013
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Sale: Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 43,919 sqft
Subdivision Frederick West Business Center
MLS Listing ID 641281
Sold Date 05/08/13
HOA Y/N false
Abv Grd Liv Area 43,919
Originating Board IRES MLS
Year Built 2002
Lot Size 3.530 Acres
Acres 3.53
Property Description
Industrial/Flex investment property offering at ~ 8.45% CAP rate. Ideal office to production/warehouse ratio with ESFR fire protection system, covered high-dock and drive-in doors, clean room appearance with vinyl composite tile, high bay fluorescent lighting along with natural lighting. Property is leased for 5 years with a single manufacturing tenant, in year two of the lease. Lease increases 3% annually. Tenant pays for operating expenses. Stabilized and performing tenancy.
Location
State CO
County Weld
Area Greeley/Weld
Zoning Commercial
Direction Exit the I-25 and Highway 52 Interchange, N. Frontage Road North to WCR 18, turn right, Miller Drive on the right.
Interior
Interior Features Ceiling: 16-20 Feet
Heating Forced Air
Cooling Refrigeration/HVAC
Flooring Concrete, Floor: Sealed
Exterior
Exterior Feature Lighting
Garage Paved
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Flat
Street Surface Paved,Asphalt
Parking Type Paved
Building
Lot Description Curbs, Gutters, Sidewalks
Building Description Tilt-Up,Metal/Frame, "Clean" Room,Loading: Drive-in,Loading: Dock High,Loading: Drive-in overhead doors
Sewer City Sewer
Water City Water, TBD
Structure Type Tilt-Up,Metal/Frame
New Construction false
Others
Senior Community false
Tax ID R7056898
SqFt Source Licensee
Special Listing Condition Private Owner
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Bought with CO-OP Non-IRES
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States