Park Plaza Commons
Industrial | 66,740 SqFt
Marketing description
Park Plaza Commons at 555 Alter Street offers investors and owner-users a premier opportunity to acquire a well-located Broomfield industrial/flex asset at $9,300,000 ($139.35/SF) — well below comparable sales and replacement cost. Positioned at the intersection of Highway 36 and Highway 287 with flexible I-2 zoning, dock-and-drive-in loading, and 9'–16' clear heights, 555 Alter Street combines a below-market basis, a proven location, and two distinct, credible paths to value creation in a single offering.
Investment highlights
List price of $9,300,000 ($139.35/SF) sits below recent comparable Denver-metro industrial/flex/R&D sales (average $171.83/SF).
21,023 SF contiguous, turnkey block for an owner-user. Suites 15-A, 15-B, and 19-B sit together in one wing, all with drive-in access (19-B also dock-high), available now.
Suites were actively marketed at $9.00/SF + $6.40 NNN, evidencing market-supported rents, not just a pro forma assumption.
Clear NOI growth path
Excellent infill location at Highway 36 and Highway 287 in Broomfield. Strong daily traffic counts and proximity to Interlocken, Boulder (20 min), and Denver (24 min).
Flexible I-2 zoning on a 4.21-acre site with dock-and-drive-in loading and 9’–16’ clear heights, supporting a wide range of industrial, flex, and service uses.
Clean diligence head start. Phase II ESA completed.
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