901 Synthes Ave Monument, CO 80132-8174
- Manufacturing properties
- 29,854 SF
- 4.00 lot acres
Jan 11, 2025
Current Use by Public Records
- Manufacturing properties
Property Details for 901 Synthes Ave
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.00 lot acres
- Property size
- 29,854 SF
- Zone code
- LI
- Property type
- Manufacturing properties
- APN
- 7122004009
- APU
- 7122004009
Description
This exceptional Monument, Colorado industrial property, located at 901 Synthes Ave, presents a compelling owner-user or investment opportunity. The 29,854-square-foot warehouse sits on a 4-acre lot and is priced at $5,800,000, or $194.28 per square foot. Built in 1986, this Class C warehouse boasts 14' to 18' ceiling heights, one dock-high door, and substantial power (4,000 amps, 3-phase). The property is zoned LI and features a single-story building with two units. Currently, there is one tenant. The Net Rentable Area is 29,854 square feet, with a lease type of NNN and a multi-tenancy structure. The property is available for occupancy on October 31, 2024. Approximately 15,000 square feet is available for lease at $10 per square foot plus NNN, with leaseback options available. This versatile space is ideal for various industrial or flex-space needs, offering immediate business use or strong investment income potential. The property's Asset Property Number (APN) is 7122004009. This is a rare opportunity to acquire a well-located, functional industrial warehouse in a growing market. The price per unit is $2,900,000.
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
- Monument
- County
- El Paso
- State
- Colorado
- Longitude
- -104.871
- Latitude
- 39.0757
- CBSA code
- 17820
- CBSA name
- COLORADO SPRINGS, CO METROPOLITAN STATISTICAL AREA