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Net Leased Multi Tenant Industrial Property | 42 N Fabrication Dr.

2.44 Acres | Industrial | Pueblo CO 81007 | $499,000 | 6.01% Cap Rate

This property is Available

Property Photos


Description


Property Highlights

• Net leased Industrial Property
• Site Offers Space to Build Additional Buildings
• Very Strong Sub Market with Extremely Low Vacancy
• Strong Lease Structure Reduces Landlord Responsibility

Property Description
Industrial warehouse configured for two tenants situated on one acre in Pueblo West, Colorado. The warehouse is 100% occupied, offers approximately 1,800 square feet of rentable space, and is newer construction for the market (built in 2000). The building has separate meters for gas and electricity, one meter for water. There is approximately 31,250 square feet of land available for lease or further development. The property is surrounded by a 7’ security fence and requires a key code for entrance to the property. This is a prime opportunity to acquire a quality asset with strong cash flow in a growing market.

Property Information

Price: $499,000
NOI: $30,000
Year Built: 2000
Building Size SF: 1,800
Lot Area SF: 43,996
Lot Area Acres: 1.01
Zoning: I-2

The Offering


Property Size: 2.44 Acres
Property Type: Industrial
Offer Price: $499,000
Sale Terms: Cash, Conventional, Owner Carry, Trade/Exchange
Cap Rate: 6.01%
GRM:

Location Map


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