Versatile Industrial and Office
599 W 71st Loveland, CO 80538
599 W 71st, Loveland, CO, 80538
$3,050,000
For Sale
$3,050,000
14,130 SF industrial and office space in Loveland, CO.
Property Size14,130 SF
Lot Size1.64 Acres
Price / SF$215.85
Days on Market608
Property Features for 599 W 71st
General Information
- Standard status
- Active
- Size
- 14,130 SF
- Lot size
- 1.64 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2012
Listing Agency
Cushman & Wakefield
(970) 776-3900
Listed by
NATE HECKEL · License #FA.040037901
Source
Corcoran
Added: Nov 18, 2024 Checked: Jul 19 at 4:22 am
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 Cushman & Wakefield
Investment Insights
Based on property information with market context.
The property at 599 West 71st Street offers 14,130 square feet of industrial and office space. The expansive layout provides room for a variety of industrial processes and office configurations, making it suitable for companies looking to optimize their workspace. Its location ensures connectivity and accessibility, positioning businesses in a dynamic and thriving area.
Key Highlights
- 14,130 sq ft of versatile industrial and office space.
- Prime location offering excellent connectivity and accessibility.
- Ideal for businesses seeking a strategic base of operations.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $286.6k | $20.28 |
| − Vacancy | −$19.5k | −$1.38 |
| EGI | $267.1k | $18.90 |
| − OpEx | −$66.8k | −$4.73 |
| NOI | $200.3k | $14.18 |
14,130 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.86M
$2.50M – $3.34M
NOI $200,303 @ 7.0% cap · market cap 6.57%
Second Best
Warehouse
$2.17M
$1.90M – $2.54M
NOI $152,149 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$3.79M
$3.32M – $4.42M
NOI $265,490 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
PEAK Fishing
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Food For Thought Catering — 235 W 67th Ct, Loveland, CO 80538
FAQs
What type of property is this?
Flex space - 14,130 SF industrial and office space in Loveland, CO.
Where is this flex space located?
The property is located at 599 W 71st Loveland, CO.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 14,130 sq ft of versatile industrial and office space.; Prime location offering excellent connectivity and accessibility.; Ideal for businesses seeking a strategic base of operations.
