New Industrial Building in
8761 Bonfire Dr Wellington, CO 80549
For Sale
$2,985,000
Newly constructed 11,125 SF industrial building for sale.
Property Size11,125 SF
Price / SF$268.31
Days on Market97
Property Features for 8761 Bonfire Dr
General Information
Standard status
Active
Size
11,125 SF
Property subtype
Industrial
Building Details
Year Built
2023
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 412-0225
Listed By:
Nate Heckel · License #FA.040037901
(970) 412-0225
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 1:02PM
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.
The property at 8761 Bonfire Drive in Wellington offers a newly constructed 11,125 square foot industrial building. The building includes approximately 9,875 square feet of high-clear warehouse space, along with 625 square feet of main-floor office space and an additional 625 square feet of second-floor office space. This layout provides a balance suitable for both operations and administrative functions. Constructed with modern design, the building offers a professional appearance with flexible industrial capabilities, making it suitable for both owner-users and investors. The property is located in the growing Wellington market and provides convenient regional access. This new asset offers high-quality industrial space in one of Northern Colorado's emerging submarkets. The location has a bike score of 50, indicating it is bikeable, and a walk score of 46, indicating car-dependent.
Key Highlights
- Newly constructed (2023) 11,125 SF industrial building
- Features approximately 9,875 SF of high‑clear warehouse space
- Includes 625 SF of main‑floor office and 625 SF of second‑floor office
Financial Insights For Office B
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 | $225.6k | $20.28 |
| − Vacancy | −$15.3k | −$1.38 |
| EGI | $210.3k | $18.90 |
| − OpEx | −$52.6k | −$4.73 |
| NOI | $157.7k | $14.18 |
11,125 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.63M
NOI $157,705 @ 7.0% cap · market cap 5.28%
Second Best
Warehouse
$1.71M
$1.50M – $2.00M
NOI $119,792 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$2.99M
$2.61M – $3.48M
NOI $209,029 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Newly constructed 11,125 SF industrial building for sale.
Where is this warehouse located?
The property is located at 8761 Bonfire Dr Wellington, CO.
What is the asking price?
The asking price for this property is $2,985,000.
What are key features of this property?
This property features: Newly constructed (2023) 11,125 SF industrial building; Features approximately 9,875 SF of **high‑clear warehouse space**; Includes 625 SF of main‑floor office and 625 SF of second‑floor office
