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32020065
32020067

617 6th St, Greeley, CO 80631

LJ
CO CO - FA40021430
C3 Real Estate Solutions Fort Collins Front Range Village
Listed by C3 Real Estate Solutions Fort Collins Front Range Village
$5,000,000
934 days on market
Updated 38 days ago

Martin Produce Co

Details
APN R8048600
Property Type Industrial
Sub Type Refrigerated/Cold Storage, Warehouse
Square Footage 47,373
Net Rentable (SqFt) 41,933
Units 4
NOI $155,912
Occupancy 53.55%
Tenancy Multi
Lease Type NNN
Lease Term 3.1
Lease Expiration 02/28/2027
Remaining Term 0.7
Rent Bumps Yes
Pro-Forma NOI $377,397
Broker Co-Op Yes
Class C
Year Built 1892, 1966, 1977, 1982, 1999
Year Renovated 1982
Buildings 3
Stories 1
Lot Size (SqFt) 73,616
Zoning I-M
Parking Spaces 33 spaces
Parking Per SqFt 0.70
Investment Type Net Lease
Lease Commencement 02/01/2024
Occupancy Date 02/01/2023
Ceiling Height 23'
Loading Docks 6
Dock High Doors 4
Sale Condition 1031 exchange

Cold Storage/Warehouse with 14 OHD, 4 Dock Hi Industrial | 41,373 SF

Marketing description

OWNER USER OPPORTUNITY W/DOCK-HI! Owner User has vacated the Property and is now placing it on the market for Sale and Lease. Free-standing Commercial Office, Cold Storage, and Warehouse/Distribution. For Sale/Lease. Owner User Opportunity.

Building 1: FOR LEASE: 16,940 SF/11,110 SF Usable SF consisting of 2,640 SF Office; 2,800 SF wood warehouse; 1,680 SF Small warehouse with Mezzanine and Dock-Hi; 1,300 SF RR loading deck; 2,080 SF N small warehouse with 1,000 SF Mezzanine; 5,440 SF (Free) basement (1892, 1977, 1982).

Building 2: 14,305 SF Warehouse, mezzanine, and small office, 3,600 SF Cold Storage; 7,255 SF warehouse; 3,150 SF Mezzanine; 300 SF Office; and Commercial Dock Hi Floors/OHD (1982).

BUILDING 3A: 7,344 SF 3 Drive thru Bays with Six (6) 16' OHD

BUILDING 3B: FOR LEASE: 8,784 SF 3 Drive Thru Bays with Six (6) 14' OHD (1966, 1999)

Investment highlights

Free-standing Commercial Office, Cold Storage, and Warehouse/Distribution

Building 1: FOR LEASE: 16,940 GROSS SF/11,110 NET SF consist of 2,640 SF Office; 2,800 SF Warehouse; 1,680 SF w/ Drive-Thru Loading Dock; 2,080 SF warehouse w/1,000 SF Mezzanine; 1,300 SF Loading Dock, and 5,440 SF (FREE) Basement Storage. (1892, 1977, 1982).

Building 2: 14,305 SF consisting of 3,600 SF Cold Storage; 7,255 SF warehouse; 3,150 SF Mezzanine; 300 SF Office; (1982).

BUILDING 3A: 7,344 SF 3 Drive thru Bays with Six (6) 16' OHD

BUILDING 3B: 8,784 SF 3 Drive Thru Bays with Six (6) 14' OHD Drive-Thru Bays (1966, 1999).

Ceiling height 24'.

Listing Contacts

LJ
CO CO - FA40021430
C3 Real Estate Solutions Fort Collins Front Range Village
Listed by C3 Real Estate Solutions Fort Collins Front Range Village

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%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$155,912.00
$12,992.67/mo

Valuation Metrics

0
DSCR
3.12%
Cap Rate
3.12%
ROI

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Additional Information

Name
Lissa Johnson
License
CO - FA40021430
Brokerage Phone
970-225-8780
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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