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258 E 5th St

3,973 SF Industrial Building Nederland, CO 80466 $1,578,984 CAD ($397 CAD/SF) 8% Cap Rate

Executive Summary

Offered is a 3,973 square foot industrial flex warehouse building originally built in 2016 and finished in 2022 as a state of the art cannabis cultivation facility. The lease is an absolute net lease with tenant paying maintenance, insurance and taxes. Term is through 11/30/32 with 3% annual escalations.

Property Facts

Price $1,578,984 CAD
Price Per SF $397 CAD
Sale Type Investment
Cap Rate 8%
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
Lot Size 0.36 AC
Rentable Building Area 3,973 SF
No. Stories 2
Year Built/Renovated 2016/2022
Tenancy Single
Clear Ceiling Height 10 ft

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1583131-04-005
Land Assessment
$0 CAD
Improvements Assessment
$208,398 CAD
Total Assessment
$261,964 CAD

zoning

Zoning Code General Commercial
General Commercial
  • Listing ID: 30660702

  • Date on Market: 2024-01-14

  • Last Updated:

  • Address: 258 E 5th St, Nederland, CO 80466

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