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270 Mountain Ave
Berthoud, CO 80513

$3,000,000

Industrial For Sale  •  30,000 Sq Ft

Property Details

  • Property Type Industrial
  • Total Building Size 30,000 Sq Ft
  • Lot Size 1.66 ac
  • Building Class C
  • Year Built 1971
  • Cap Rate 6.75 %
  • Tenancy Multiple
  • Zoning I
23 Transit Score
53 Walk Score

Description

This hard-to-find distribution warehouse consists of 30,000 square feet on 1.66 acres and is currently leased by two separate tenants. The building has five dock-high doors, three rail-dock doors and ample power. It is located in the heart of Berthoud and is an easy ten minute drive to I-25. Pricing is at $3,000,000 with the in-place income this
building produces a 6.75% cap rate.

Highlights

Ample Power
Ten Minute Drive to I-25
Fully Leased

Property Flyers

Financial Summary (Actual)

Net Operating Income: $203,940 (2018)
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Olestead Auto 15,000 SF 4/30/2021
Minitube 15,000 SF 8/31/2020

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Travis Ackerman 970-776-3900 Cushman & Wakefield
Travis Ackerman 970-776-3900 Cushman & Wakefield