18850 E Clarke Rd - Warehouse FOR SALE


Parker, CO 80134
$6,635,000 USD
949-270-8210
18850 E Clarke Rd, Parker, CO for Sale
$6,635,000 USD
Warehouse - FOR SALE
1/6
null | 5% Cap Rate

18850 E Clarke Rd
Parker, CO 80134


HIGHLIGHTS

  • Recent 63-Month Extension | Corporate Signed | Annual Rental Increases | New Roof in 2023
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Parker Marketplace (187,000 SF) | Strong Industrial Corridor |Shops at Crown Point (230,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

• Recently extended for another for 63 months with 1 (5-year) options to extend, demonstrating their commitment to the site • Corporate signed by The Hiller Companies, LLC • Annual 3% rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation • Installed a new roof in 2023, providing limited overhead for landlord

FOR SALE DETAILS

PRICE

$6,635,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hiller Companies | Recent Ext | Corp NNN

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

22 Ft

DOCKS

8

DRIVE INS

6

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

Commercial

APN/PARCEL ID

2233-153-03-024

ASK ABOUT THIS PROPERTY

Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brian WolfmanSRS Real Estate PartnersMore Info
949-270-8210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.