Two Tenant Industrial Investment 219 North Timberline Road

Fort Collins, CO 80524

For Sale

10,000 sqft

Sale Price

$1,625,000
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Industrial For Sale - Under Contract
Two Tenant Industrial Investment Opportunity
100% Leased (2 Tenants)
Strong Leasing History
Triple Net Leases
Rare Outside Storage
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Mike Eyer
Mike Eyer
This two tenant investment opportunity includes office warehouse space with rare secured outside storage. The building is 100% leased with each tenant occupying 5,000 sf. The lease type is NNN.
The Landlord is responsible for the Roof and Structure.
Construction type: Metal.
Power: 3 phase, 120/240.
Clear Height: 14'.
Overhead Doors: 2 10' x 12'
219 N Timberline is located just off Highway 14 (E Mulberry Ave.) just a short 5 minute drive to I-25.

Total Space Available

10,000 sqft
Unit 1 Leased
5,000 sqft
Industrial

Status

UnderOption

This unit is currently leased with a lease rate of $12.00 SF/ NNN. The lease has an escalator of 3% with one-3 year option. The lease expiration date is 9/30/2028.
Unit 2 Leased
5,000 sqft
Industrial

Status

Available

This unit is currently leased with a lease rate of $11.34 SF/ NNN. The lease has an escalator of 3%. The lease expiration date is 1/31/2028.

Sale Price

$1,625,000
Get in touch
Mike Eyer
Mike Eyer