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| PROPERTY
LOCATION |
Rocky Industrial
2950 Colorful Avenue
Longmont, Colorado
80503
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| PROPERTY SUMMARY |
Type:
Industrial
Class:
A
Price:
$7,975,000
Listed
Measurement/Yardstick:
115,250
Sq Ft
Number of Buildings:
1
Number of Floors:
1
Occupancy:
78%
Year Built:
1997
Year Renovated:
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| PROPERTY
DESCRIPTION |
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Developed in 1997 for the former tenant, Concepts Direct Inc., which occupied the premises pursuant to a 20-year lease (exp. date 10/1/2020). Base rent was $13.61 psf with fixed 3% annual increases over the lease term. Space is 60% office and 40% warehouse. Precast concrete tilt-up walls with steel frame, receiving and shipping areas with dock-high loading, paved surface parking and moderate landscaping. Primary access through the neighborhood is by Colorado 119, the primary east-west transit corridor between I-25 and Downtown Longmont. Parking ratio is 3.3/1,000 sq. ft.
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For more information contact
Brad Cohen
Transwestern
brad.cohen@transwestern.net
Tel:
303-944-1204
http://www.denver.transwestern.net
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Any information that may be provided by LNR Partners, LLC. under this “General
Property Information” is for informational purposes only and is subject to
change at any time without notice at the sole and absolute discretion of LNR
Partners, LLC. This is not to be construed as an offer, commitment or promise
of any kind by LNR Partners, LLC. Please contact the appropriate individual
referred to above for more information on this property. The information
provided herein has been obtained from third party sources. While LNR Partners,
LLC. has no reason or basis to doubt the accuracy of such information, LNR
Partners, LLC. makes no guarantee, covenant, warranty or representation about
its accuracy and disclaims any liability with respect thereto. It is your
responsibility to confirm that this information is accurate and complete.
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