18850 Clarke Rd Parker, CO 80134
- Manufacturing properties
- 25,520 SF
- 1.83 lot acres
Current Use by Public Records
- Relentless Volleyball Club / Volleyball Club
- The Hiller Companies / Fire Protection Equipment Supplier / Electronics Engineer
- Parkr Rekey / Real Estate Agency
Property Details for 18850 Clarke Rd
- Year built
- 2005
- Lot size
- 1.83 lot acres
- Property size
- 25,520 SF
- Property type
- Manufacturing properties
- APN
- R0475109
- APU
- R0475109
Description
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.
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
- Parker
- County
- Douglas
- State
- Colorado
- Longitude
- -104.77
- Latitude
- 39.5228
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
