1400 Overlook Dr Lafayette, CO 80026
- Manufacturing properties
- 14,400 SF
- 1.16 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 1400 Overlook Dr
- Year built
- 1996
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.16 lot acres
- Property size
- 14,400 SF
- Zone code
- 3115
- Property type
- Manufacturing properties
- APN
- 1575-12-0-01-006
- APU
- 157512001006
Description
This exceptional 28,800-square-foot industrial warehouse in Lafayette, Colorado, presents a compelling investment opportunity. Situated on a 2.49-acre lot, this single-tenant property boasts a 14' to 18' ceiling height and ample parking with drive-in loading. Built in 1997, the property is currently 100% occupied by a publicly traded company with a strong credit rating and zero debt, under a 5-year net lease with annual rent escalations of 3.5%. The tenant has occupied the space for over a decade and recently extended their lease, demonstrating long-term commitment. The property's prime location in Boulder County's Northwest Denver submarket offers easy access to major transportation arteries, including E-470 (4 minutes), Highway 36 (10 minutes), and Interstate I-25 (11 minutes). This strategic location within a highly sought-after submarket with a low vacancy rate (9.1%) benefits from a talented workforce and high quality of life, attracting businesses across diverse industries. While currently configured as a single-tenant facility, the property's design allows for potential conversion into a multi-tenant setup. The property generates a strong net operating income (NOI) of $415,026. This well-maintained asset offers a blend of stability and future potential, making it an attractive investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Boulder
- State
- Colorado
- Longitude
- -105.07
- Latitude
- 39.9763
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
