Listed by SRS Real Estate Partners Denver, SRS Real Estate Partners New York
$6,213,000
Hiller Companies
Details
APN P0514739
Property Type Industrial
Sub Type Warehouse
Square Footage 25,520
Cap Rate 5.5%
NOI $341,713
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5.3
Lease Expiration 08/31/2029
Remaining Term 3.2
Rent Bumps Yes
Lease Options 1 (5-year)
Price per SqFt $243
Year Built 2005
Acreage 1.820
Zoning Commercial
Parking Spaces 56 spaces
Parking Per SqFt 2.19
Tenant Credit Corporate Guarantee
Lease Commencement 05/31/2024
Ownership Fee Simple (Land & Building)
Hiller Companies Industrial Building in Parker, CO | Recent Extension | Annual Increases | 25,520 SF
Marketing description
Investment highlights
Over 4 Years Remaining | Corporate Signed | Mission Critical Site | Annual Rental Increases | New Roof in 2023
NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Parker Marketplace (187,000 SF) | Strong Industrial Corridor |Shops at Crown Point (230,000 SF) | Primary Retail Corridor
Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Denver, SRS Real Estate Partners New York
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$341,713.00
$28,476.08/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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