Six-Suite Industrial Flex
1-1740 Skyway Dr, Longmont, CO 80504
For Sale
$3,925,000
The fully leased property combines warehouse and office areas with grade-level loading and a fenced outdoor storage area.
Property Size20,000 SF
Price / SF$196.25
Days on Market29
Property Features for 1-1740 Skyway Dr
General Information
Standard status
Size
Occupancy
Financials
Asking Price
Cap Rate
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Drive-In Doors
Three-Phase Power
Sprinkler System
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Tenancy
Listing Agency:
Pinnacle Real Estate Advisors
(303) 962-9555
Listed By:
Jim Knowlton · License CO #100032419
(303) 962-9543
Source:
Exprealty
Added: Oct 13
Changed: Nov 10
Last Checked: Nov 10 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Advisors
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Investment Insights
Based on property information with market context.
This industrial flex property contains six suites totaling 20,000 SF, with each unit configured for approximately 80% warehouse and 20% office space. Building features include 16’–18’ clear heights, 12’ grade-level overhead doors, 6” reinforced concrete floors, sprinkler coverage, and S1-rated fire walls. Each unit has 200 amps of three-phase power, and a fenced exterior yard provides additional storage space.
The property is fully occupied under long-term NNN leases. It is located in Vista View Business Park in Longmont, Colorado.
The property is fully occupied under long-term NNN leases. It is located in Vista View Business Park in Longmont, Colorado.
Key Highlights
- Six industrial flex suites totaling 20,000 SF
- Approximately 80% warehouse and 20% office space in each suite
- 16’–18’ clear heights and 12’ grade‑level overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,096
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,920
$4.5M
Cap Rate 7%
$3,187,086
$3.2M
Cap Rate 9%
$2,478,844
$2.5M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$285.6K $14.28/SF
− Vacancy
−$23.1K −$1.16/SF
EGI
$262.5K $13.12/SF
− OpEx
−$39.4K −$1.97/SF
NOI
$223.1K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,920
Cap Rate 7%
$3,187,086
Cap Rate 9%
$2,478,844
Alternative Uses
Best Use
Warehouse
$3.19M
$2.79M – $3.72M
NOI $223,096 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$2.55M
$2.23M – $2.97M
NOI $178,324 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office B
$3.64M
$3.19M – $4.25M
NOI $255,150 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
12
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80504, CO
60,183
Population
23,359
Households
2.6
Avg Household Size
38
Median Age
43%
College-Educated
93%
High-School Grad
94.6 sq mi
ZIP Area
636
Density / Sq Mi
$109,671
Median Household Income
$54,317
Median Earnings
$1,895
Median Rent
$556,500
Median Home Value
Market
Properties on Market for Flex space in Longmont
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The fully leased property combines warehouse and office areas with grade-level loading and a fenced outdoor storage area.
Where is this flex space located?
The property is located at 1-1740 Skyway Dr Longmont, CO.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Six industrial flex suites totaling 20,000 SF; Approximately 80% warehouse and 20% office space in each suite; 16’–18’ clear heights and 12’ grade‑level overhead doors
