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Hiller Companies | Recent Ext | Corp NNN 18850 E Clarke Rd

25,520 SF Industrial Building Parker, CO 80134 $9,320,052 CAD ($365 CAD/SF) 5% Cap Rate

Warehouses Colorado Parker 18850 E Clarke Rd, Parker, CO 80134

Investment Highlights

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

Executive Summary

• 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

Property Facts

Price $9,320,052 CAD Rentable Building Area 25,520 SF
Price Per SF $365 CAD No. Stories 1
Sale Type Investment NNN Year Built 2005
Cap Rate 5% Tenancy Single
Property Type Industrial Parking Ratio 2.19/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
 Clear Ceiling Height 22 ft
Building Class B No. Dock-High Doors/Loading 8
Lot Size 1.82 AC No. Drive In / Grade-Level Doors 6
Price $9,320,052 CAD
Price Per SF $365 CAD
Sale Type Investment NNN
Cap Rate 5%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
Building Class B
Lot Size 1.82 AC
Rentable Building Area 25,520 SF
No. Stories 1
Year Built 2005
Tenancy Single
Parking Ratio 2.19/1,000 SF
Clear Ceiling Height 22 ft
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 6

Utilities

  • Water - City
  • Sewer - City

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Hiller Companies
  • Transportation and Warehousing
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Hiller Companies Transportation and Warehousing 99,999 SF - Lorem Ipsum Jan 0000

Links

1 of 1

PROPERTY TAXES

Parcel Number 2233-153-03-024 Improvements Assessment $1,421,887 CAD
Land Assessment $226,196 CAD Total Assessment $1,648,082 CAD

PROPERTY TAXES

Parcel Number
2233-153-03-024
Land Assessment
$226,196 CAD
Improvements Assessment
$1,421,887 CAD
Total Assessment
$1,648,082 CAD

zoning

Zoning Code Commercial
Commercial
(949) 270-8210

  • Listing ID: 31607040

  • Date on Market: 2024-04-25

  • Last Updated:

  • Address: 18850 E Clarke Rd, Parker, CO 80134

The Industrial Property at 18850 E Clarke Rd, Parker, CO 80134 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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18850 E Clarke Rd, Parker, CO for sale Building Photo- Image 1 of 7
Parker CO - Hiller Companies Industrial Bldg
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18850 E Clarke Rd, Parker, CO for sale Building Photo- Image 3 of 7
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18850 E Clarke Rd, Parker, CO for sale Building Photo- Image 4 of 7
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18850 E Clarke Rd, Parker, CO for sale Building Photo- Image 5 of 7
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18850 E Clarke Rd, Parker, CO for sale Building Photo- Image 6 of 7
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Hiller Companies | Recent Ext | Corp NNN | 18850 E Clarke Rd
(949) 270-8210 x

Hiller Companies | Recent Ext | Corp NNN | 18850 E Clarke Rd

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Brian Wolfman

(949) 270-8210

(949) 270-8210

Tami Lord

(303) 390-5244

(303) 390-5244

Jack Lazzeri

(303) 981-6521

(303) 981-6521

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