6766 Co Rd 18 Johnstown, CO 80534
Value-add warehouse, high ROI potential.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 6766 Co Rd 18
General Information
- Property type
- Distribution properties
- Square Feet
- 32,168 SF
- Lot Size
- 647,737 SF
Building Details
- Year Built/Renovated
- 1968/2000
HighLights
- Exceptional value‑add industrial investment opportunity in Johnstown, CO.
- 14.87‑acre site with a 32,168 SF warehouse complex (built 1968, renovated 2000), zoned I‑Industrial.
- 50% occupancy; multi‑tenant configuration with a 16,151 SF building leased to Fiske Electric under a 10‑year NNN lease ($12.62/SF, 4% annual rent bump).
- 16,017 SF warehouse space leased at $9.00/SF NNN; 6,570 SF of vacant warehouse space available.
- 7.5 acres of outside storage (326,700 SF), partially leased at $0.50/SF; 6.5 acres available. Asking price: $6,700,000 ($208/SF).
- Pro‑forma NOI: $516,687; Pro‑forma cap rate: 7.70%; Ceiling heights up to 18 feet. Excellent I‑25 access.
Current Use by Public Records
Map
- City
- Johnstown
- County
- Larimer
- State
- Colorado
- Longitude
- -104.9790907
- Latitude
- 40.3777459