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Industrial Flex Building
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Pending

5969 Iris Pkwy, Longmont, CO 80504

Fully leased industrial/flex building with dock-high loading and 16–20 clear heights on two NNN leases.

Property Size12,065 SF
Days on Market111

Property Features for 5969 Iris Pkwy

General Information

Standard status Pending
Size 12,065 SF
Property subtype Industrial
Occupancy 100%

Additional Details

Cap Rate 6.64%
Clear Height 20 ft

Building Details

Tenancy Multi
Listing Agency: Matthews
Listed By: Angelo Vattano · License #100101759
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 6:46PM

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 Matthews

Investment Insights

Based on property information with market context.

Fully leased industrial/flex building featuring 16–20 clear heights and dock-high loading. The property is occupied by two tenants under NNN leases, with an approximately 2.2-year weighted average lease term remaining.

Recent upgrades are noted as part of the property’s improvements. Mineral rights are included, providing potential for additional income beyond the leased industrial/flex space.

This configuration supports a stable, cash-flowing industrial/flex asset with two lease streams and a near-term lease-term profile.

Key Highlights

  • Fully leased 12,065 SF industrial/flex building in Frederick, CO.
  • Two tenants on NNN leases with 2.2‑year WALT.
  • 6.64% cap rate and $152,766 NOI with asking price of $2,300,000.

Property Analytics

Current Use

Hamskea Archery Solutions (Bike/Boat/Book/etc) Store falcon unmanned falcon ... Consultant Greendustrial Training LLC ... Association Or Organization Mirror Image Brewing Production Facility

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
Balanced
Demand for This Use

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

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Fully leased industrial/flex building with dock-high loading and 16–20 clear heights on two NNN leases.
Where is this flex space located?
The property is located at 5969 Iris Pkwy Longmont, CO.
What are key features of this property?
This property features: Fully leased 12,065 SF industrial/flex building in Frederick, CO.; Two tenants on NNN leases with 2.2‑year WALT.; 6.64% cap rate and $152,766 NOI with asking price of $2,300,000.
More about this property
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