Listed by ALG Commercial
$4,300,000
2865 Airport Dr
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 18,561
Cap Rate 6.00%
NOI $256,000
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 07/29/2035
Rent Bumps Yes
Year Built 1992
Year Renovated 2005
Acreage 1.870
Parking Spaces 18 spaces
Parking Per SqFt 0.97
Investment Type Net Lease
Ground Lease No
Industrial | 6.00% CAP | 18,561 SqFt
Marketing description
Erie Colorado Industrial Investment Property for Sale
Investment highlights
- Located in Erie, just off of Highway 7
- Located adjacent to the Erie Municipal Airport
- Approximately 4 miles from I-25 just north of HWY 7
- 48 miles from Denver International Airport.
- Long term NNN tenant in place. Currently used as a propeller repair facility.
- Weld County
- Main Building Approximately 6,600 SF with reception, conference room and four offices, plus repair and assembling warehouse area. Year of construction 1992
- Hangar: 12,000 SF Approximately, three garage doors 10' x 10', 1 hangar door 60' x 18' (YOC 2005)
- 18 Parking Spaces
- Plumbing: Septic (2005 installed by Gaptor Septic)
- Insurance: $14,964 (2025)
- 2025 Property Tax $62,974.18
- Lease Term: Through 7/30/2035 - Rocky Mountain Propeller - 3% escalation per annum
- NOI $256,000.00 (Current)
- Cap Rate 6%
Listing Contacts
Listed by ALG Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$256,000.00
$21,333.33/mo
Valuation Metrics
0
DSCR
5.95%
Cap Rate
5.95%
ROI
Map
Zoning
AP SpecialAirport
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View all 138 uses Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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