Leased Industrial Facility with 19-Foot
7350 Dry Creek Pkwy Niwot, CO 80503
7350 Dry Creek Pkwy, Niwot, CO, 80503
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For Sale
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Fully leased 1983 industrial building features 19-foot clear ceiling height and upgraded LED lighting throughout office, production, and warehouse.
Property Size53,748 SF
Price / SF$169.31
Days on Market167
Property Features for 7350 Dry Creek Pkwy
General Information
- Standard status
- Active
- Size
- 53,748 SF
- Property subtype
- INDUSTRIAL
Listing agency
The Colorado Group, Inc.
(720) 581-7022
Listed by
Jason Kruse · License #ER.040003091
(720) 581-7022
Source
Moodyscre
Added: Feb 4 Updated: Jul 20 at 8:01PM Checked: Jul 20 at 8:01PM
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 The Colorado Group, Inc.
Investment Insights
Based on property information with market context.
This fully leased industrial facility was constructed in 1983 and is currently occupied under a long-term lease by PTA Plastics. The property includes both production and warehouse areas with 19-foot clear ceiling height in each space, supported by 5-inch concrete slab thickness throughout. Improvements include production area flooring upgrades with concrete polish and seal, along with 1,000 square feet of warehouse flooring finish and seal prepared for cleanroom installation. LED lighting has also been upgraded throughout the office, production, and warehouse areas.
The property is located in unincorporated Boulder County, Colorado, within an established industrial area. The listing notes proximity to key arterials and regional employment centers, with access intended to support industrial use throughout the Front Range.
The building’s core operating clear height and slab thickness, combined with the documented flooring and lighting improvements, are positioned to support a range of industrial applications requiring production and warehouse space with substantial vertical clearance.
The property is located in unincorporated Boulder County, Colorado, within an established industrial area. The listing notes proximity to key arterials and regional employment centers, with access intended to support industrial use throughout the Front Range.
The building’s core operating clear height and slab thickness, combined with the documented flooring and lighting improvements, are positioned to support a range of industrial applications requiring production and warehouse space with substantial vertical clearance.
Key Highlights
- 53,748 SF industrial building in unincorporated Boulder County, constructed in 1983
- Fully leased on a long‑term lease to PTA Plastics for steady tenancy
- 19’ clear ceiling height in both production and warehouse areas
Local Financial Insights For Industrial
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 | $967.5k | $18.00 |
| − Vacancy | −$36.8k | −$0.68 |
| EGI | $930.7k | $17.32 |
| − OpEx | −$279.2k | −$5.19 |
| NOI | $651.5k | $12.12 |
53,748 SF · lease $18.00/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$9.31M
$8.14M – $10.86M
NOI $651,490 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$16.22M
$14.19M – $18.92M
NOI $1,135,158 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
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FAQs
What type of property is this?
Manufacturing property - Fully leased 1983 industrial building features 19-foot clear ceiling height and upgraded LED lighting throughout office, production, and warehouse.
Where is this manufacturing property located?
The property is located at 7350 Dry Creek Pkwy Niwot, CO.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: 53,748 SF industrial building in unincorporated Boulder County, constructed in 1983; Fully leased on a long‑term lease to PTA Plastics for steady tenancy; 19’ clear ceiling height in both production and warehouse areas