List Search

35715 US Hwy 40
Evergreen, CO 80439

$675,000 USD

Light Manufacturing Condo For Sale  •  4,209 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 29,272 SF
  • Lot Size 3.09 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 10.96 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
5 Walk Score

1 Unit Available

Name Condo Use Size Price Details
3rd Floor - Unit 305-306 Industrial 4,209 SF $675,000 USD
  • Unit Size: 4,209 SF
  • Condo Use: Industrial
  • Price: $675,000 USD
  • Sale Type: Investment
  • Price/SF: $160.37 USD
Description
* 4,209 RSF (two suites combined as one).
* Existing tenant is a licensed industry leading retail and medical
marijuana manufacturer with NNN lease.

Highlights

Located within the Denver MSA
Tenant recently extended their lease demonstrating commitment to the location
Approximately 5 years remaining on the lease
Colorado’s cannabis industry is estimated to exceed $3 billion in revenue in 2025
Space is currently being used as a cannabis extraction facility
Approximately 25 miles west of Downtown Denver and 37 miles south of Boulder

Property Flyers

Financial Summary

Cap Rate: 10.96 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Luminesence Labs 10/3/2030

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Security System
  • Signage
  • Monument Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 79
Type: Surface
Included in Rent: Yes
Brandon Wright 720-604-2256 The Boulder Group
Brandon Wright 720-604-2256 The Boulder Group