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    FOR SALE
    Manufacturing properties

    18850 E Clarke Rd, Parker, CO 80134

    25,520 SF 1.83 ac lot Built 2005
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US13-0465471
    Property summary
    AI-generated overview

    This exceptional fee-simple industrial warehouse, located at 18850 E Clarke Rd, Parker, CO 80134, presents a compelling investment opportunity. The 25,520-square-foot building, constructed in 2005, boasts a strong 100% occupancy rate with a corporate-guaranteed tenant under a NNN lease with 4.8 years remaining (through August 31, 2029). The lease includes annual 3% rental increases and a single, five-year lease option. The property features 56 parking spaces and sits on a 1.82-acre lot in a prime Douglas County location, zoned for commercial use. The building benefits from a recent roof replacement (2023) and a recent 63-month lease extension. The property's strong financial performance is reflected in its $6,635,000 asking price, a $259.99 price per square foot, and a 5.00% cap rate, with a current NOI of $331,760. The property's location within a thriving industrial corridor, near major retail centers like Parker Marketplace (187,000 SF) and Shops at Crown Point (230,000 SF), ensures strong tenant demand and future appreciation potential. The strong demographics in the 5-mile trade area, characterized by six-figure incomes, further solidify this investment's attractiveness. APN: P0514739.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 2005
    Total area 25,520 SF
    Lot 1.83 ac (79,715 SF)
    APN R0475109
    UPID US13-0465471
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Relentless Volleyball Club Gym & Fitness Center
    • The Hiller Companies Production Facility Building Supply
    • Parkr Rekey Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $5.61M
    Comparable Approach Comparable
    $5.92M
    Blend (final) Blend
    $5.59M
    Owner & transaction history
    Myrankane LLC · 6 yrs held
    Myrankane LLC
    since 2019
    7 recorded transactions
    2019
    $3.4M
    2017
    2017
    2017
    $3.0M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $8.7M +60.5%
    Commercial (general) $8.3M +53.1%
    Medical building $8.2M +51.2%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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