Drive-Through Industrial Condo
1925 Deer Creek Rd Monument, CO 80132
For Sale
Contact for pricing
2019-built small-bay industrial condo with pull-through access and overhead doors at both ends.
Property Size1,810 SF
Price / SF$286.74
Days on Market118
Property Features for 1925 Deer Creek Rd
General Information
- Standard status
- Active
- Size
- 1,810 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2021
Listing Agency:
Real Broker LLC
(303) 968-7047
Listed By:
Lance Somerville · License #CO FA100048193
Source:
Crexi
Added: Mar 28
Changed: Jul 23
Last Checked: Jul 23 at 1:37PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
This 2019-built industrial condo is configured for true drive-through operations, combining two contiguous units (B103 and B118) into one functional small-bay space. The layout is designed for seamless pull-through access from one side of the building to the other, with overhead doors at both the front and rear. Improvements include 18' clear height, LED lighting, electric unit heaters, and 3-phase power. The building is non-sprinklered, and buyers should verify any specific use requirements. The space is also described as mezzanine-capable for additional usable area.
The property is located in Deer Creek business park in Monument, just off I-25 along the Frontage Road. It provides access to regional routes including Highway 105 and Baptist Road and is positioned for connectivity between the Denver and Colorado Springs markets.
For buyers, the offering is an ownership opportunity in a modern flex/industrial condominium setting, with the combined-unit configuration supporting operations that benefit from efficient vehicle flow and trailer access. Units may also be leased; contact the broker for details.
The property is located in Deer Creek business park in Monument, just off I-25 along the Frontage Road. It provides access to regional routes including Highway 105 and Baptist Road and is positioned for connectivity between the Denver and Colorado Springs markets.
For buyers, the offering is an ownership opportunity in a modern flex/industrial condominium setting, with the combined-unit configuration supporting operations that benefit from efficient vehicle flow and trailer access. Units may also be leased; contact the broker for details.
Key Highlights
- Two contiguous industrial condo units (B103 + B118) combined for approx. 1,810 SF of small‑bay space with pull‑through access from front to rear
- 18' clear height with overhead doors at both the front and rear of the space for flexible vehicle movement and trailer access
- 3‑phase power, LED lighting, and electric unit heaters included
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 | $21.0k | $11.58 |
| − Vacancy | −$922 | −$0.51 |
| EGI | $20.0k | $11.07 |
| − OpEx | −$3.0k | −$1.66 |
| NOI | $17.0k | $9.41 |
1,810 SF · lease $11.58/SF/yr · vacancy 4.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$243.3K
$212.9K – $283.9K
NOI $17,032 @ 7.0% cap · market cap 3.28%
Second Best
Flex RnD
$186.1K
$162.8K – $217.1K
NOI $13,024 @ 7.0% cap · market cap 2.51%
Theoretical Best
Multifamily LT 5
$24.14M
$21.12M – $28.16M
NOI $1,689,508 @ 7.0% cap · market cap 325.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - 2019-built small-bay industrial condo with pull-through access and overhead doors at both ends.
Where is this flex space located?
The property is located at 1925 Deer Creek Rd Monument, CO.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two contiguous industrial condo units (B103 + B118) combined for approx. 1,810 SF of small‑bay space with pull‑through access from front to rear; 18' clear height with overhead doors at both the front and rear of the space for flexible vehicle movement and trailer access; 3‑phase power, LED lighting, and electric unit heaters included