Listed by eXp Commercial
$1,800,000
573 S Arthur Ave
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 7,744
Tenancy Single
Lease Type NNN
Pro-Forma NOI $80,925
Price per SqFt $232
Year Built 1992
Year Renovated 2025
Buildings 1
Acreage 0.860
Zoning I · City of Louisville
Parking Spaces 12 spaces
Parking per 1,000 SqFt 1.55
Investment Type Owner/User
Ground Lease No
Ceiling Height 16
Dock High Doors 1
Rare Industrial Owner-User Opportunity in the Colorado Tech Center
Marketing description
573 S Arthur Avenue is a freestanding 7,744 SF industrial/flex building in the Colorado Technology Center, Louisville's main industrial park. It has heavy 3-phase power, 16' clear height, a clear-span warehouse, and a 12' dock-high door, plus remodeled office and lab space up front. Over $400,000 in capital improvements have been invested in the building over the past few years. It's currently leased to Maverick RF Solutions on a NNN lease, and the tenant will vacate after the sale, allowing the buyer to collect rental income before taking occupancy. The building is priced competitively relative to recent area sales.
Investment highlights
- Updated and Highly Functional - The property features a 16' clear height, clear-span warehouse, 12' dock-high door with leveler, and 400-amp 3-phase power.
- >$400,000 in Capital Improvements - Roof replaced in 2021. Office remodeled in 2024. Lab rebuilt and exterior painted in 2025. New rooftop unit installed in 2026. The buyer will inherit new systems with a lower repair budget.
- Prime Owner-User Opportunity - Maverick RF Solutions pays $11.00 / SF NNN today. The tenant vacates after a sale, with the buyer collecting income in the interim. An owner-user may qualify for SBA financing with as little as 10% down.
- Competitively Priced - The five most recent industrial sale comparables averaged $268.57 / SF (see Page 04). 573 S Arthur Avenue is offered at $232.44 / SF, a discount of $36.13 / SF, or $279,791 across 7,744 SF.
Listing Contacts
Listed by eXp Commercial
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