Turnkey Industrial Property For
For Sale
$4,929,120
780 East Garden Drive, Windsor, CO 80550
Industrial property with premium features, ideal for manufacturing and warehousing.
Property Size20,189 SF
Days on Market330
Property Features for 780 East Garden Drive
General Information
Standard status
Active
Size
20,189 SF
Property subtype
Industrial
Building Details
Building Size
20,189 SF
Listing Agency:
RE/MAX
(970) 978-6864
Listed By:
Gary Hogan · License #10008550
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 8 at 4:30AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This industrial property is situated at the end of a cul-de-sac within city limits. The building features metal siding and stucco construction, protected by a metal roof. The fully enclosed lot includes chain link and security fencing. Paved parking and drive-in loading areas with overhead doors provide convenience. City infrastructure includes roadways, curbs, gutters, sidewalks, and nearby fire hydrants. The property is equipped with a 10-ton overhead crane, a 120-gallon 12 CFM compressor, two 500-gallon clean oil tanks, and one 1,000-gallon used oil tank, and a Hotsy. Air is supplied to four stations and oil distributed to three stations within the shop. Tenant-friendly amenities include a security system, smoke alarms, a break room, a kitchenette, and some included furniture. The property also features double-pane windows, forced air heating, suspended heaters, and a refrigeration/HVAC system. Accessibility features include wide hallways, stair-free entrances, and doorways meeting required standards. Utilities include natural gas, standard and 3-phase electric, and city water. The property has minimal flood risk. Lease terms are structured with fixed-term agreements and triple net (NNN) lease in place, where the tenant covers all operating expenses. The property is suitable for manufacturing, warehousing, or high-tech operations.
Key Highlights
- Turnkey investment with existing tenant and triple net (NNN) lease in place, ensuring immediate income.
- Equipped with a 10‑ton overhead crane, large capacity air compressor, and oil storage tanks.
- Fully enclosed and secured lot with chain‑link fencing, paved parking, and drive‑in loading areas.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$225,205
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,504,100
$4.5M
Cap Rate 7%
$3,217,214
$3.2M
Cap Rate 9%
$2,502,278
$2.5M
Market Conditions
NOI Build-Up for 20,189 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$288.3K $14.28/SF
− Vacancy
−$23.4K −$1.16/SF
EGI
$264.9K $13.12/SF
− OpEx
−$39.7K −$1.97/SF
NOI
$225.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,504,100
Cap Rate 7%
$3,217,214
Cap Rate 9%
$2,502,278
Alternative Uses
Best Use
Warehouse
$3.22M
$2.82M – $3.75M
NOI $225,205 @ 7.0% cap · market cap 4.57%
Second Best
Industrial
$2.57M
$2.25M – $3.00M
NOI $180,009 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office B
$3.68M
$3.22M – $4.29M
NOI $257,561 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 80550, CO
38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial property with premium features, ideal for manufacturing and warehousing.
Where is this manufacturing property located?
The property is located at 780 East Garden Drive Windsor, CO.
What is the asking price?
The asking price for this property is $4,929,120.
What are key features of this property?
This property features: Turnkey investment with existing tenant and triple net (NNN) lease in place, ensuring immediate income.; Equipped with a **10‑ton overhead crane, large capacity air compressor, and oil storage tanks**.; Fully enclosed and secured lot with chain‑link fencing, paved parking, and drive‑in loading areas.
