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1400 Overlook DrLafayette, CO 80026

28,800 SF Warehouse, Net Lease, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 28,800-square-foot industrial warehouse in Lafayette, Colorado, presents a compelling investment opportunity. Situated on a 2.49-acre lot, this single-tenant property boasts a 14' to 18' ceiling height and ample parking with drive-in loading. Built in 1997, the property is currently 100% occupied by a publicly traded company with a strong credit rating and zero debt, under a 5-year net lease with annual rent escalations of 3.5%. The tenant has occupied the space for over a decade and recently extended their lease, demonstrating long-term commitment. The property's prime location in Boulder County's Northwest Denver submarket offers easy access to major transportation arteries, including E-470 (4 minutes), Highway 36 (10 minutes), and Interstate I-25 (11 minutes). This strategic location within a highly sought-after submarket with a low vacancy rate (9.1%) benefits from a talented workforce and high quality of life, attracting businesses across diverse industries. While currently configured as a single-tenant facility, the property's design allows for potential conversion into a multi-tenant setup. The property generates a strong net operating income (NOI) of $415,026. This well-maintained asset offers a blend of stability and future potential, making it an attractive investment for discerning buyers.

Highlights

  • Excellent Northwest Denver location, 9.1% vacancy rate, desirable for diverse industries including tech, aerospace, and government.
  • Strong, creditworthy tenant (Probi) with a new 5-year lease extension, 3.5% annual rent escalations, and absolute net lease terms.
  • Currently single-tenant, easily convertible to multi-tenant; attractive curb appeal and tenant-friendly features.

Property Details for 1400 Overlook Dr

Property type
Warehouses, Industrial properties
Square Feet
28,800 SF
Year Built
1997
Lot Size (sq. ft)
108,464 SF

Location Insight

City
Lafayette
County
Boulder
State
Colorado
Latitude
39.9761939
Longitude
-105.0689544
1400 Overlook Dr, Lafayette, Colorado

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1400 Overlook Dr
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