24 Research DrPueblo, CO 81007
- Industrial properties
- 16,700 SF
Property Details for 24 Research Dr
- Year built
- 1971
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 16,700 SF
- Property type
- Industrial properties
- Property subtype
- Other warehouses
Description
This exceptional investment opportunity presents two industrial buildings totaling 16,700 square feet situated on a 2-acre fully fenced and secured lot in Pueblo, Colorado. The property consists of four units, with one building located at 24 N. Research Drive and the other at 36 N. Research Drive, both sharing the 81007 zip code. The asking price is $1,750,000, representing a compelling $104 per square foot and a 5.08% cap rate. Each unit is priced at $487,500. The property is zoned Commercial, I-2. Built in 1971 and renovated in 1985, 24 N. Research Drive currently houses a long-term tenant under a NNN lease with an extension option. This provides immediate cash flow for the buyer. The building at 36 N. Research Drive offers flexibility
Location Insight
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Latitude
- 38.3346
- Longitude
- -104.734
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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