Industrial Warehouse
For Sale
Contact for pricing
19825 Wigwam Rd, Fountain, CO 81008
Industrial warehouse building offering 24,544 square feet for sale.
Property Size24,544 SF
Price / SF$121.01
Days on Market155
Property Features for 19825 Wigwam Rd
General Information
Standard status
Active
Size
24,544 SF
Property subtype
Industrial, Land
Zoning
I-3 Heavy Industrial
Lease Type
NNN
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - Denver, Colorado
Listed By:
Steve Serenyi · License #CO FA.040016442
(303) 745-5800
Source:
Crexi
Added: Apr 4
Changed: Aug 23
Last Checked: Sep 1 at 3:40AM
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 Colliers - Denver, Colorado
Investment Insights
Based on property information with market context.
Industrial warehouse building for sale, totaling 24,544 square feet. The property is presented as an industrial warehouse asset suited for light industrial or distribution-oriented uses.
Located at 19825 Wigwam Rd in Fountain, CO 81008, the building provides a single industrial facility footprint within the local Fountain market.
The listing is offered for sale at $2,970,000.
Located at 19825 Wigwam Rd in Fountain, CO 81008, the building provides a single industrial facility footprint within the local Fountain market.
The listing is offered for sale at $2,970,000.
Key Highlights
- Industrial warehouse building for sale
- 24,544 sq ft total building size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$230,957
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,619,140
$4.6M
Cap Rate 7%
$3,299,386
$3.3M
Cap Rate 9%
$2,566,189
$2.6M
Market Conditions
NOI Build-Up for 24,544 SF
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.
Gross rent
$284.2K $11.58/SF
− Vacancy
−$12.5K −$0.51/SF
EGI
$271.7K $11.07/SF
− OpEx
−$40.8K −$1.66/SF
NOI
$231.0K $9.41/SF
Area
El Paso County, CO
Vacancy
4.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,619,140
Cap Rate 7%
$3,299,386
Cap Rate 9%
$2,566,189
Alternative Uses
Best Use
Warehouse
$3.30M
$2.89M – $3.85M
NOI $230,957 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$327.29M
$286.38M – $381.84M
NOI $22,910,103 @ 7.0% cap · market cap 771.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81008, CO
11,868
Population
5,302
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
102.2 sq mi
ZIP Area
116
Density / Sq Mi
$68,389
Median Household Income
$45,445
Median Earnings
$1,396
Median Rent
$280,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse building offering 24,544 square feet for sale.
Where is this warehouse located?
The property is located at 19825 Wigwam Rd Fountain, CO.
What is the asking price?
The asking price for this property is $2,970,000.
What are key features of this property?
This property features: Industrial warehouse building for sale; 24,544 sq ft total building size
