130 Greenhorn Drive
Industrial | 7.28% CAP | 86,218 SqFt
Marketing description
High quality 86,218 SF industrial facility on a 20-acre site, leased to Trane U.S. Inc., a subsidiary of Trane Technologies, a Fortune 500 company. This former Anheuser-Busch distribution facility has been occupied by Trane since January 2025. The property features a corporate setting in Minnequa Industrial Park, a newer industrial development providing a higher-end environment for a variety of manufacturing, distribution and heavy industrial uses.
The large fenced site allows for outdoor storage with building expansion capabilities. Primary access is provided by Interstate 25, a major arterial that crosses the Pueblo MSA in a north/south direction. Access to the subject from I-25 is provided by Pueblo Boulevard, and travel time from I-25 to the property is less than five minutes. The Pueblo Memorial Airport is located about 7 miles northeast of the property, with a travel time of about 13 minutes. The Pueblo CBD, the economic and cultural center of the region, is approximately 3 miles from the property.
Investment highlights
- High quality 86,218 SF industrial building on a 20-acre site
- Leased to Trane U.S. Inc., a subsidiary of Trane Technologies, a Fortune 500 company www.trane.com
- NOI of $771,888.24 or $8.95/sf nnn, with 3.5% annual increases
- Lease term through January 31, 2030, with one (1) 5-yr option to renew
- Former Anheuser-Busch distribution facility, now occupied by Trane since January 2025
- Sale Price is approximately 51.27% of Replacement Cost!
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