Fenced Outdoor Storage Industrial
For Sale
Contact for pricing
130 Greenhorn Drive, Pueblo, CO 81004
86,218 SF industrial facility on 20 acres, leased to Trane U.S. Inc. since January 2025.
Property Size86,218 SF
Lot Size20.00 Acres
Price / SF$119.41
Days on Market148
Property Features for 130 Greenhorn Drive
General Information
Standard status
Active
Size
86,218 SF
Total Parking Spaces
121
Lot size
20.00 Acres
Property subtype
Industrial
Zoning
I-3, Heavy Industrial District
Occupancy
100%
Investment Type
Net Lease
Net Operating Income
$771,888
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Building Details
Year Built
2003
Year Renovated
2018
Tenancy
Single
Listing Agency:
Newmark - Denver
Listed By:
Mike Wafer, SIOR · License #CO 241181
(303) 260-4242
Source:
Crexi
Added: May 28
Changed: Oct 21
Last Checked: Oct 20 at 7:37PM
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 Newmark - Denver
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Investment Insights
Based on property information with market context.
This industrial facility offers 86,218 SF of space on a 20-acre site with perimeter fencing, supporting outdoor storage needs. The property has been occupied by Trane U.S. Inc., a subsidiary of Trane Technologies, since January 2025. The building is described as a former Anheuser-Busch distribution facility, and the site includes room for outdoor storage as well as building expansion capabilities.
The property is located in Minnequa Industrial Park, a newer industrial development characterized as offering a higher-end environment for a variety of manufacturing, distribution, and heavy industrial uses. Primary access is provided by Interstate 25, with access to the subject from I-25 via Pueblo Boulevard and travel time from I-25 taking less than five minutes. Pueblo Memorial Airport is about 7 miles northeast, with approximately 13 minutes of travel time, and the Pueblo CBD is approximately 3 miles away.
For tenants and operators seeking a larger-format industrial setting with a fenced yard and the ability to support outdoor storage, this property provides a functioning distribution use today under an established lease. Buyers may also view the combination of on-site exterior storage area and stated building expansion capabilities as a practical fit for evolving warehouse and heavy industrial requirements.
The property is located in Minnequa Industrial Park, a newer industrial development characterized as offering a higher-end environment for a variety of manufacturing, distribution, and heavy industrial uses. Primary access is provided by Interstate 25, with access to the subject from I-25 via Pueblo Boulevard and travel time from I-25 taking less than five minutes. Pueblo Memorial Airport is about 7 miles northeast, with approximately 13 minutes of travel time, and the Pueblo CBD is approximately 3 miles away.
For tenants and operators seeking a larger-format industrial setting with a fenced yard and the ability to support outdoor storage, this property provides a functioning distribution use today under an established lease. Buyers may also view the combination of on-site exterior storage area and stated building expansion capabilities as a practical fit for evolving warehouse and heavy industrial requirements.
Key Highlights
- 86,218 SF industrial facility built in 2003 on a 20‑acre site
- Leased to Trane U.S. Inc., a subsidiary of Trane Technologies (Fortune 500), since January 2025
- Former Anheuser‑Busch distribution facility with an industrial distribution use history
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$496,804
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,936,080
$9.9M
Cap Rate 7%
$7,097,200
$7.1M
Cap Rate 9%
$5,520,044
$5.5M
Market Conditions
NOI Build-Up for 86,218 SF
Gross rent
$600.1K $6.96/SF
− Vacancy
−$15.6K −$0.18/SF
EGI
$584.5K $6.78/SF
− OpEx
−$87.7K −$1.02/SF
NOI
$496.8K $5.76/SF
Area
Pueblo, CO
Vacancy
2.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,936,080
Cap Rate 7%
$7,097,200
Cap Rate 9%
$5,520,044
Alternative Uses
Best Use
Warehouse
$7.10M
$6.21M – $8.28M
NOI $496,804 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$5.84M
$5.11M – $6.82M
NOI $409,133 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$17.97M
$15.72M – $20.96M
NOI $1,257,630 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 81004, CO
26,005
Population
12,597
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
160.9 sq mi
ZIP Area
162
Density / Sq Mi
$48,620
Median Household Income
$33,925
Median Earnings
$1,002
Median Rent
$181,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Distribution center - 86,218 SF industrial facility on 20 acres, leased to Trane U.S. Inc. since January 2025.
Where is this distribution center located?
The property is located at 130 Greenhorn Drive Pueblo, CO.
What is the asking price?
The asking price for this property is $10,295,000.
What are key features of this property?
This property features: 86,218 SF industrial facility built in 2003 on a 20‑acre site; Leased to Trane U.S. Inc., a subsidiary of Trane Technologies (Fortune 500), since January 2025; Former Anheuser‑Busch distribution facility with an industrial distribution use history
