540 Energy Park Dr Platteville, CO 80651
- Warehouses
- 19,500 SF
- 3.34 lot acres
Current Use by Public Records
- Warehouses
Property Details for 540 Energy Park Dr
- Year built
- 2019
- Lot size
- 3.34 lot acres
- Property size
- 19,500 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This fee-simple industrial property, located at 540 Energy Park Dr, Platteville, CO 80651, presents a compelling investment opportunity. The 19,500-square-foot warehouse, built in 2019, sits on a 3.34-acre lot and boasts a 16-foot ceiling height. Currently 100% occupied by DistributionNow under a corporate-guaranteed NNN lease with one year remaining (expiring 11/30/2025), the property generates a strong 6.70% cap rate at an asking price of $4,950,000 ($253.85/SF). The building features three oversized (12' x 14') grade-level doors, a wet sprinkler system, and a canopy overhang for additional storage. The property also includes approximately 4,500 square feet of office space, complementing the 15,000 square feet of warehouse space. Electrical service is 400a/480v/3p (to be verified by an electrician). The fully fenced and gated lot offers enhanced security. Its convenient location provides excellent access to US Highway 85. The property is zoned for industrial use and has an APN of R8960684. This is a single-tenant, single-story building.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Platteville
- County
- Weld
- State
- Colorado
- Longitude
- -104.824
- Latitude
- 40.2283
