18860 Clarke Road
Industrial | 6.68% CAP | 15,454 SqFt
Marketing description
The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing for 18860 Clarke Road, a newly constructed small bay multi tenant light industrial flex property located in downtown Parker, Colorado. Completed in 2023, this 15,454 square foot building features high quality masonry construction with modern finishes, 21 foot clear heights, and eight 14 foot roll up doors designed to accommodate a wide range of industrial and service oriented users.
The property is currently occupied by three mixed use tenants under long term triple net leases with annual rent escalations. One divisible vacant unit remains with multiple leasing offers already in hand, providing immediate lease up upside. Situated on a 1.96 acre parcel, the site offers 46 parking spaces and a wraparound configuration providing seamless ingress and egress.
Located near South Parker Road and Mainstreet, the property is positioned in the heart of downtown Parker, an affluent high growth submarket characterized by historically low vacancy, strong absorption, and accelerating rent growth, making this an exceptional opportunity to acquire a Class A flex industrial asset with significant upside potential in a highly sought after location.
Investment highlights
15,454 Square Feet of Existing Structure
1.96 Acres of Commercial Zoned Land
Multi-Tenant NNN Income
Long Term Leases with Annual Rent Escalations
Sophisticated Masonry Construction with High Level Finish
Leased Outdoor Storage
Recently Built in 2023
21-Foot Clear Height
8 Roll-Up/Drive-In Doors
46 Parking Spaces
1.5% Parker Submarket Vacancy Rate
Parker Submarket Flex Rents Have Increased 15.7% in 3 Years
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