Six-Suite Industrial Flex
New
For Sale
$3,925,000
1740 Skyway Dr 1, Longmont, CO 80504
All suites are occupied under long-term triple-net leases.
Property Size20,000 SF
Price / SF$196.25
Days on Market2
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Property Features for 1740 Skyway Dr 1
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Industrial
Occupancy
100%
Financials
Asking Price
$3,925,000
Cap Rate
6.36%
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
18 ft
Warehouse Space
16,000 SF
Office Build-Out
4,000 SF
Three-Phase Power
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$11,822
Building Details
Building Size
20,000 SF
Year Built
2000
Buildings
1
Units
6
Tenancy
Multi
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Jim Knowlton · License #100032419
(303) 962-9543
Source:
Elliman
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:20AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This 20,000-square-foot flex property in Longmont contains six suites, each with an approximate 80% warehouse and 20% office configuration. Building features include 16′–18′ clear heights, 12′ grade-level overhead doors, 6″ reinforced concrete floors, sprinkler coverage, S1-rated fire walls, and 200 amps of three-phase power per unit. A fenced exterior storage yard is also part of the property. The building was constructed in 2000.
Located at 1740 Skyway Drive in Vista View Business Park, the property is fully occupied under long-term NNN leases. The six-suite configuration combines warehouse and office space within each unit, with individual power service and grade-level overhead access.
Located at 1740 Skyway Drive in Vista View Business Park, the property is fully occupied under long-term NNN leases. The six-suite configuration combines warehouse and office space within each unit, with individual power service and grade-level overhead access.
Key Highlights
- 20,000 SF across six suites
- Each suite is approximately 80% warehouse and 20% office
- 16′–18′ clear heights and 12′ grade‑level overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,096
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,920
$4.5M
Cap Rate 7%
$3,187,086
$3.2M
Cap Rate 9%
$2,478,844
$2.5M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$285.6K $14.28/SF
− Vacancy
−$23.1K −$1.16/SF
EGI
$262.5K $13.12/SF
− OpEx
−$39.4K −$1.97/SF
NOI
$223.1K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,920
Cap Rate 7%
$3,187,086
Cap Rate 9%
$2,478,844
Alternative Uses
Best Use
Warehouse
$3.19M
$2.79M – $3.72M
NOI $223,096 @ 7.0% cap · market cap 5.68%
Second Best
Industrial
$2.55M
$2.23M – $2.97M
NOI $178,324 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office B
$3.64M
$3.19M – $4.25M
NOI $255,150 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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?
Flex space - All suites are occupied under long-term triple-net leases.
Where is this flex space located?
The property is located at 1740 Skyway Dr 1 Longmont, CO.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: 20,000 SF across six suites; Each suite is approximately 80% warehouse and 20% office; 16′–18′ clear heights and 12′ grade‑level overhead doors
