18860 Clarke Rd - Showroom FOR SALE


Parker, CO 80134
$6,250,000 USD
303-328-2020
18860 Clarke Rd, Parker, CO for Sale
$6,250,000 USD
Showroom - FOR SALE
1/10
null | 6.04% Cap Rate

18860 Clarke Rd
Parker, CO 80134


HIGHLIGHTS

  • 15,449 Square Feet of Existing Structure on 1.96 Acres of Commercial Zoned Land
  • Multi-Tenant NNN Income w/Leased Outdoor Storage and 1.5% Parker Submarket Vacancy Rate
  • Recently Built in 2023 w/21-Foot Clear Height and 8 Roll-Up/Drive-In Doors

OVERVIEW

The Kramer Group of Marcus & Millichap is pleased to present the exclusive listing for this multi-tenant flex/industrial property located at 18860 Clarke Rd in downtown Parker Colorado. This 15,449 square foot building was recently finished construction in 2023 using high quality masonry construction and sophisticated, contemporary finish featuring 21-foot clear height and eight 14-foot-high roll up doors. This opportunity is fully occupied with four mixed used tenants, long-term triple-net leases and annual rent escalations. This 1.96-acre parcel has 46 total parking spaces and a wraparound parking area making for easy ingress/egress. The location within downtown Parker near S Parker Rd and Mainstreet serves as an excellent space to invest in a growing, affluent area that has low vacancy rates, high absorption rates, and accelerating rent growth.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Showroom, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.96

LAND SF

85,378

ZONING

2233-15-3-03-025

APN/PARCEL ID

2233-15-3-03-025

ASK ABOUT THIS PROPERTY

Brandon KramerMarcus & MillichapMore Info
303-328-2020

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Brandon KramerMarcus & MillichapMore Info
303-328-2020

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