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Leased Industrial Flex Facility
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130 Greenhorn Dr, Pueblo, CO 81004

Industrial flex property leased to Trane U.S. Inc., featuring 24-foot clear height and dock-and-drive-in loading.

Property Size86,218 SF
Price / SF$122.94
Days on Market672

Property Features for 130 Greenhorn Dr

General Information

Standard status Active
Size 86,218 SF
Property subtype INDUSTRIAL

Site & Location

Neighborhood Southgate

Warehouse & Industrial

Clear Height 24 ft
Sprinkler System Yes

Additional Details

Service Bays 1

Amenities

high quality office space
temperature-controlled warehouse
truck maintenance/wash bay

Building Details

Tenancy Single
Listing Agency: Newmark | Denver
Listed By: Mike Wafer, SIOR · License #241181
Source: Moodyscre
Added: Jan 1, 2025 Changed: Oct 26 Last Checked: Nov 3 at 7:55AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This corporate image industrial flex facility is leased to Trane U.S. Inc., a subsidiary of Trane Technologies. The property includes high-quality office space along with a warehouse component with 24' clear height. It is equipped with an ESFR sprinkler system and offers both dock and drive-in loading. Additional functional improvements include a truck maintenance and wash bay, as well as temperature-controlled warehouse space.

The offering is presented for sale with the tenant in place. The location is listed as 130 Greenhorn Dr, Pueblo, CO 81004.

The warehouse supports logistics with dock and drive-in loading while the operational areas include truck maintenance and wash capabilities, and the warehouse is temperature-controlled.

Key Highlights

  • Leased to Trane U.S. Inc., a subsidiary of Trane Technologies (Fortune 500 company).
  • Industrial flex facility with high‑quality office space included.
  • 24' clear height warehouse.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$496,804
Cap Rate
4.69%
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 (±1% cap)
NOI $496,804 @ 7.0% cap · market cap 4.69%
Second Best
Industrial
$5.84M
$5.11M – $6.82M (±1% cap)
NOI $409,133 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$17.97M
$15.72M – $20.96M (±1% cap)
NOI $1,257,630 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Colorado Eagle Big Box & Wholesale Store Eagle Rock Distributing ... Big Box & Wholesale Store

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Plumbing Service

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

24 ft
Clear height
1
Service bays
Single-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex property leased to Trane U.S. Inc., featuring 24-foot clear height and dock-and-drive-in loading.
Where is this flex space located?
The property is located at 130 Greenhorn Dr Pueblo, CO.
What is the asking price?
The asking price for this property is $10,600,000.
What are key features of this property?
This property features: Leased to Trane U.S. Inc., a subsidiary of Trane Technologies (Fortune 500 company).; Industrial flex facility with high‑quality office space included.; 24' clear height warehouse.
(303) 523-2560 Call to check price and availability
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