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Berthoud Warehouse and Greenhouse Facility

806 N 2nd St, Berthoud, CO 80513

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For Sale

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18,994 SF Berthoud property with warehouse and greenhouse.

Type:Industrial

Property size:

7,742 SF

Price / SF:

$142/SF

HighLights

Total property size of 18,994 SF.
Includes a 7,742 SF warehouse with a $9.00/SF NNN lease rate.
Features an 11,252 SF fully equipped greenhouse with a $2.99/MG lease rate.
Located in Berthoud, Colorado.
Sale price of $1,100,000.
Situated approximately halfway between Fort Collins and Denver.

We can help!

Listing Contact

Julius Tabert

Learn more

For Sale

Contact for pricing

18,994 SF Berthoud property with warehouse and greenhouse.

Type:Industrial

Property size:

7,742 SF

Price / SF:

$142/SF

Added:: Jun 16, 2021
Days on Market:: 1825
Last Refresh:: May 19 at 9:02 pm

Property Features for 806 N 2nd St

General Information

Standard status: Active
Size: 7,742 SF
Property subtype: Industrial

We can help!

Listing Contact

Julius Tabert

Listing agent Julius Tabert License #CO FA40037286

Listing office CBRE - Fort Collins

Listing date Jun 16, 2021

Source Crexi

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 CBRE - Fort Collins

HighLights

Total property size of 18,994 SF.
Includes a 7,742 SF warehouse with a $9.00/SF NNN lease rate.
Features an 11,252 SF fully equipped greenhouse with a $2.99/MG lease rate.
Located in Berthoud, Colorado.
Sale price of $1,100,000.
Situated approximately halfway between Fort Collins and Denver.

Overview

Located in Berthoud, Colorado, approximately halfway between Fort Collins and Denver along the Front Range Urban Corridor, this property features a total of 18,994 square feet. The property includes a 7,742-square-foot warehouse with a lease rate of $9.00 per square foot NNN, and a fully equipped 11,252-square-foot greenhouse with a lease rate of $2.99/MG. Berthoud is a Statutory Town in Larimer and Weld counties, situated in the north-central part of the state.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$107.3k	$13.86
− Vacancy	−$9.2k	−$1.19
EGI	$98.1k	$12.67
− OpEx	−$14.7k	−$1.90
NOI	$83.4k	$10.77

7,742 SF · lease $13.86/SF/yr · vacancy 8.60% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.19M

$1.04M – $1.39M (±1% cap)

NOI $83,365 @ 7.0% cap · market cap 7.58%

Second Best

Industrial

$980.8K

$858.2K – $1.14M (±1% cap)

NOI $68,653 @ 7.0% cap · market cap 6.24%

Theoretical Best

Office A

$2.08M

$1.82M – $2.42M (±1% cap)

NOI $145,465 @ 7.0% cap · market cap 13.22%

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

Location Intelligence

Current Use by Public Records

Cannabis Properties

Suggested Use

Similar Places Nearby

Berthoud Mini Storage — 550 N 2nd St, Berthoud, CO 80513
2nd St. Self Storage — 945 N 2nd St, Berthoud, CO 80513

Location Insight

Map
Local Demand

City: Berthoud
County: Larimer
State: Colorado
Longitude: -105.104
Latitude: 40.2947

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For sale
Warehouses
CO
Berthoud
80513
806 N 2nd St

What type of property is this?

Warehouse - 18,994 SF Berthoud property with warehouse and greenhouse.

Where is this warehouse located?

The property is located at 806 N 2nd St Berthoud, CO.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: Total property size of 18,994 SF.; Includes a 7,742 SF warehouse with a $9.00/SF NNN lease rate.; Features an 11,252 SF fully equipped greenhouse with a $2.99/MG lease rate.