Listed by Pinnacle Real Estate Advisors
$3,925,000
1740 Skyway Drive #1-8
Details
Property Type Industrial
Sub Type Flex
Square Footage 20,000
Units 6
Cap Rate 6.36%
NOI $249,579
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $255,301
Price per SqFt $196
Year Built 1999
Buildings 1
Stories 1
Zoning C3, I1 (Weld County)
Parking Spaces 32 spaces
Parking per 1,000 SqFt 1.60
Investment Type Stabilized
Ground Lease No
Ceiling Height 18
Dock High Doors 6
Industrial | 6.36% CAP | 20,000 SqFt
Marketing description
1740 Skyway Drive presents a rare opportunity to acquire a six-suite, 20,000 SF industrial flex condo package in the Vista View Business Park in Longmont, Colorado. The property will be delivered 100% occupied under long-term triple net (NNN) leases, providing an investor immediate, stabilized cash flow with minimal landlord obligations. At the list price of $3,925,000 ($196/SF), the asset offers a current cap rate of 6.36% and a pro forma cap rate of 6.50% — compelling metrics for a well-located, well-maintained industrial flex property on the Front Range.
Investment highlights
- SIX CONTIGUOUS INDUSTRIAL FLEX SUITES RANGING FROM 2,500 TO 5,000 SF, TOTALING 20,000 SF
- Clear Height: 16'-18'
- Loading: Six (6) grade-level overhead doors with 12' clearance
- Power: 200 amps per unit (3-phase)
- Floors: 6" reinforced concrete with rebar
- Construction: Cinder block with standing seam metal roof (15-year warranty)
- Fire Suppression: Fully sprinklered | S1-rated fire walls throughout
- HVAC: Separate office HVAC units + shop unit heaters
- Parking: 4 spaces per 2,500 SF (ample on-site parking)
- Exterior Storage: Fenced-in exterior storage yard
- Lighting: LED exterior lighting throughout the campus
- Unit Mix: 80% warehouse / 20% office — ideal for flex and light industrial users
Listing Contacts
Listed by Pinnacle Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$249,579.00
$20,798.25/mo
Valuation Metrics
0
DSCR
6.36%
Cap Rate
6.36%
ROI
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