Pueblo West Flex/Warehouse
69 North Mission Drive Pueblo West, CO 81007
For Sale
$779,000
8,824 SF flex/warehouse on 2 acres in Pueblo West.
Property Size8,824 SF
Lot Size2.00 Acres
Price / SF$88.28
Days on Market143
Property Features for 69 North Mission Drive
General Information
Standard status
Active
Size
8,824 SF
Lot size
2.00 Acres
Property subtype
Office
Building Details
Year Built
2001
Listing Agency:
Miramont Commercial Real Estate
(719) 229-1585
Listed By:
Simon Penner
Source:
Miramontcre
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 27 at 5:46AM
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 Miramont Commercial Real Estate
Investment Insights
Based on property information with market context.
This 8,824 square foot building, constructed with steel and CMU, is located in Pueblo West and situated on 2 acres, making it suitable for contractors needing outdoor storage. The property features modern office space and a warehouse with two 10-foot grade-level doors. It includes 17 surface parking spaces, a water feature, and mature landscaping. A large concrete apron provides access and surface parking, complemented by an outdoor park-like break area. The property is currently operated to grow and process marijuana but can be reverted to traditional office warehouse uses. Its architecture and design make it a unique find.
Key Highlights
- 8,824 SF steel and CMU building on 2 acres, suitable for various business uses.
- Ideal for contractors needing outdoor storage.
- Warehouse with two 10' grade‑level doors.
Financial Insights For Warehouse
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 | $61.4k | $6.96 |
| − Vacancy | −$1.6k | −$0.18 |
| EGI | $59.8k | $6.78 |
| − OpEx | −$9.0k | −$1.02 |
| NOI | $50.8k | $5.76 |
8,824 SF · lease $6.96/SF/yr · vacancy 2.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$726.4K
$635.6K – $847.4K
NOI $50,846 @ 7.0% cap · market cap 6.53%
Second Best
Industrial
$598.2K
$523.4K – $697.9K
NOI $41,873 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,712 @ 7.0% cap · market cap 16.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - 8,824 SF flex/warehouse on 2 acres in Pueblo West.
Where is this flex space located?
The property is located at 69 North Mission Drive Pueblo West, CO.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 8,824 SF steel and CMU building on 2 acres, suitable for various business uses.; Ideal for contractors needing outdoor storage.; Warehouse with **two 10' grade‑level doors.**
