Property summary
This exceptional investment opportunity presents a fully leased, multi-tenant industrial portfolio situated on 2.12 acres in Wellington, Colorado. The property comprises three modern office/warehouse buildings totaling 24,560 square feet, constructed in 2016 with a new (2022) composite roof boasting a 20-year warranty. The buildings feature a desirable flex design, catering to a diverse tenant base of seven businesses. Each building offers a blend of warehouse and office space, with clear heights of 19 feet in the front and 16 feet in the rear. Individual units include a main entrance leading to an open workspace, complete with an office and restroom. Radiant overhead heating ensures comfortable year-round operation. The property boasts 16 loading docks and ample parking for 52 vehicles. The current net operating income (NOI) stands at $285,048, yielding a compelling 6.90% capitalization rate. The asking price is $4,100,000. Property taxes are reimbursed by tenants. This well-maintained, high-performing asset offers a strong return on investment with potential for future upside. The address is 8925 Pieper Rd, Wellington, CO 80549.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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