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18860 Clarke Rd

15,449 SF 100% Leased Flex Building Parker, CO 80134 $8,859,187 CAD ($573 CAD/SF) 6.04% Cap Rate

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Investment Highlights

15,449 Square Feet of Existing Structure on 1.96 Acres of Commercial Zoned Land
Recently Built in 2023 w/21-Foot Clear Height and 8 Roll-Up/Drive-In Doors

Multi-Tenant NNN Income w/Leased Outdoor Storage and 1.5% Parker Submarket Vacancy Rate

Executive Summary

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.

18860 Clarke Rd OM V8

Property Facts

Price	$8,859,187 CAD	Lot Size	1.96 AC
Price Per SF	$573 CAD	Rentable Building Area	15,449 SF
Sale Type	Investment NNN	No. Stories	1
Cap Rate	6.04%	Year Built	2023
Sale Conditions	1031 Exchange	Parking Ratio	3.4/1,000 SF
Property Type	Flex	Clear Ceiling Height	20 ft
Property Subtype	Showroom Showroom Industrial Warehouse FlexLight Distribution	No. Drive In / Grade-Level Doors	8
Building Class	A

Price	$8,859,187 CAD
Price Per SF	$573 CAD
Sale Type	Investment NNN
Cap Rate	6.04%
Sale Conditions	1031 Exchange
Property Type	Flex
Property Subtype	Showroom Showroom Industrial Warehouse FlexLight Distribution
Building Class	A
Lot Size	1.96 AC
Rentable Building Area	15,449 SF
No. Stories	1
Year Built	2023
Parking Ratio	3.4/1,000 SF
Clear Ceiling Height	20 ft
No. Drive In / Grade-Level Doors	8

Amenities

Mezzanine

Storage Space

Air Conditioning

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

zoning

Zoning Code	2233-15-3-03-025 (Light Industrial (includes uses in Commercial and Business Districts))
2233-15-3-03-025 (Light Industrial (includes uses in Commercial and Business Districts))