For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Well-Maintained Commercial Property on 5.71 Acres Title is generated by Realmo AI

    688 45 Rd, De Beque, CO 81630

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    Commercial property with global tenant, security fencing, and vehicle service.

    Property size:
    9,780 SF
    Lot size:
    5.69 Acres
    Price / SF:
    $153/SF
    Added:
    Jan 26, 2026
    Days on Market:
    162
    Last Refresh:
    Jun 30 at 6:53 am

    Property Features for 688 45 Rd

    General Information

    Standard status
    Active
    Size
    9,780 SF
    Lot size
    5.69 Acres

    We can help!

    Contact an agent
    Katherine Davis
    Katherine Davis

    Listing office Bray Commercial LLC

    Listing date Jan 26, 2026

    Source Exprealty

    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 Bray Commercial LLC

    HighLights

    • Strong global operations tenant in place with a 6.6% cap rate, providing a great investment opportunity.
    • Lease includes a 3% annual escalation clause and a renewal option for another two‑year term.
    • Well‑maintained commercial property with 9,780 sq ft on 5.71 acres, featuring automatic security fencing.
    • Warehouse equipped with six 14’ automatic overhead doors (four drive‑thru), air lines, vehicle service pit, and oil pumping equipment.
    • Ample power supply with three‑phase @ 225, three‑phase @ 480, and three‑phase @ 225, suitable for heavy‑duty equipment.
    • Warehouse includes a storage closet, bathroom with two showers and double sinks, and heating and cooling.

    Overview

    This well-maintained commercial property offers an investment opportunity with a global operations tenant in place, featuring a cap rate of 6.6%. The tenant is responsible for all utilities, a portion of repairs and maintenance, and insurance. The lease includes a 3% annual escalation clause and an option to renew for another two-year term. The property includes automatic security fencing surrounding the entire 5.71 acres. The two-story building provides 9,780 heated square feet. The property has ample power with three-phase @ 225, three-phase @ 480, and three-phase @ 225, suitable for uses such as welding. The lower level features a breakroom, IT room, office, and two shared men's/women's restrooms. The second level contains two offices and a conference room. The warehouse includes six 14-foot automatic overhead doors, four of which are drive-through. Each bay door has air lines installed. One section of the drive-through bay doors includes a vehicle service pit along with oil pumping equipment. The warehouse also includes a storage closet, a bathroom with two showers and double sinks, and heating and cooling.

    Local 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 $113.8k $11.64
    − Vacancy −$6.3k −$0.64
    EGI $107.6k $11.00
    − OpEx −$16.1k −$1.65
    NOI $91.4k $9.35
    9,780 SF · lease $11.64/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.31M
    $1.14M – $1.52M (±1% cap)
    NOI $91,441 @ 7.0% cap · market cap 6.10%
    Second Best
    Industrial
    $1.08M
    $941.3K – $1.26M (±1% cap)
    NOI $75,305 @ 7.0% cap · market cap 5.02%
    Theoretical Best
    Healthcare Medical
    $18.56M
    $16.24M – $21.65M (±1% cap)
    NOI $1,299,175 @ 7.0% cap · market cap 86.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Storage Facility Electronics & Wireless Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bed & Breakfast (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Debeque Self Storage — 264 Minter Ave, De Beque, CO 81630

    Location Insight

    • Map
    • Local Demand
    City
    De Beque
    County
    Mesa
    State
    Colorado
    Longitude
    -108.211
    Latitude
    39.3368

    FAQs

    What type of property is this?
    Warehouse - Commercial property with global tenant, security fencing, and vehicle service.
    Where is this warehouse located?
    The property is located at 688 45 Rd De Beque, CO.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Strong global operations tenant in place with a 6.6% cap rate, providing a great investment opportunity.; Lease includes a 3% annual escalation clause and a renewal option for another two‑year term.; Well‑maintained commercial property with 9,780 sq ft on 5.71 acres, featuring automatic security fencing.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message