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DistributionNOW 540 Energy Park Dr

19,500 SF Industrial Building Platteville, CO 80651 $4,950,000 ($254/SF) 6.70% Cap Rate

Investment Highlights

  • Built-to-suit for DistributionNOW, which occupies 100% of the site on a recently renewed 1 year term paying $17.00/sf NNN
  • 3 oversized grade-level doors (12’ x 14’), 16’ clear height, 400a / 480v / 3p, a wet sprinkler system, & canopy overhang on backside of building
  • Conveniently located in Platteville, CO, with excellent access right off US Highway 85
  • Approximately 15,000 square feet of warehouse space and 4,500 square feet of office, for an attractive ratio mix of 77% industrial & 23% office
  • Leveled and spacious lot that is fully fenced and gated for added security, with an appealing coverage ratio of 13.40%
  • ±19,500 square foot warehouse situated on ±3.34 acres of land

Executive Summary

Broker of Record
Brayden Conner
License No. ER.100106933 (CO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $4,950,000
Price Per SF $254
Sale Type Investment
Cap Rate 6.70%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
Building Class B
Lot Size 3.34 AC
Rentable Building Area 19,500 SF
No. Stories 1
Year Built 2019
Tenancy Single
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot
  • Yard
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R8960684
Land Assessment
$121,780
Improvements Assessment
$1,091,570
Total Assessment
$1,213,350

zoning

Zoning Code Industrial (Industrial)
Industrial (Industrial)
  • Listing ID: 32695516

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 540 Energy Park Dr, Platteville, CO 80651

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