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Industrial Investment Building with Leases
For Sale
$6,847,468

583 Gyrfalcon Court, Windsor, CO 80550

2019-built industrial facility with a mezzanine, ample parking, and fenced outdoor storage, 100% leased to established operators.

Property Size26,625 SF
Price / SF$257.18
Days on Market80

Property Features for 583 Gyrfalcon Court

General Information

Standard status Active
Size 26,625 SF
Property subtype 7/23/2026
Occupancy 100%

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Cap Rate 6.25%

Building Details

Building Size 26,625 SF
Year Built 2026
Tenancy Multi
Listing Agency: Cushman & Wakefield | Fort Collins
Listed By: Travis Ackerman · License #100014006
Source: Cushmanwakefield
Added: Jun 17 Changed: Sep 4 Last Checked: Sep 2 at 9:18PM

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 Cushman & Wakefield | Fort Collins

Investment Insights

Based on property information with market context.

Constructed in 2019, this industrial investment property offers 26,625 SF and is 100% leased to STEP Energy Services and Metronet Infrastructure Group. The facility includes ample parking, fenced and gated outdoor storage, and a second-level mezzanine that can support office or storage use, providing flexibility for tenant operations.

Located at 583 Gyrfalcon Ct in Windsor, Colorado, the property sits just southeast of the Highway 392 and Highway 257 intersection. It is positioned for strong regional access to Highway 85, Highway 34, and I-25. The site is also adjacent to the new East Pointe Neighborhood Center, which includes Human Bean, Doug's Diner, Freddy's, Baskin-Robbins, and Kum & Go.

For investors, the asset is being offered as an in-place leased property, with the current remarks indicating a 6.25% cap rate and NOI of $409,969. For operating tenants, the combination of controlled outdoor storage, on-site parking, and mezzanine space supports a range of industrial and light office/storage requirements, all within a recently built 2019 facility.

Key Highlights

  • 26,625 SF industrial property built in 2019
  • 100% leased to STEP Energy Services and Metronet Infrastructure Group
  • Second‑level mezzanine suitable for office or storage use

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
$296,997
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
4.34%
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%
$5,939,940 $5.9M
Cap Rate 7%
$4,242,814 $4.2M
Cap Rate 9%
$3,299,967 $3.3M
Market Conditions
NOI Build-Up for 26,625 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
$380.2K $14.28/SF
− Vacancy
−$30.8K −$1.16/SF
EGI
$349.4K $13.12/SF
− OpEx
−$52.4K −$1.97/SF
NOI
$297.0K $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 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%
$5,939,940
Cap Rate 7%
$4,242,814
Cap Rate 9%
$3,299,967

Alternative Uses

Best Use
Warehouse
$4.24M
$3.71M – $4.95M (±1% cap)
NOI $296,997 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$3.39M
$2.97M – $3.96M (±1% cap)
NOI $237,393 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office B
$4.85M
$4.25M – $5.66M (±1% cap)
NOI $339,668 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm HVAC 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
Well-served
Demand for This Use

Demographics for 80550, CO

38,909
Population
17,140
Households
2.3
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
52.4 sq mi
ZIP Area
743
Density / Sq Mi
$121,487
Median Household Income
$60,940
Median Earnings
$1,791
Median Rent
$538,900
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 2019-built industrial facility with a mezzanine, ample parking, and fenced outdoor storage, 100% leased to established operators.
Where is this flex space located?
The property is located at 583 Gyrfalcon Court Windsor, CO.
What is the asking price?
The asking price for this property is $6,847,468.
What are key features of this property?
This property features: 26,625 SF industrial property built in 2019; 100% leased to STEP Energy Services and Metronet Infrastructure Group; Second‑level mezzanine suitable for office or storage use
More about this property
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