Commercial Listing

For Sale

573 S Arthur Ave

573 S Arthur Ave, Louisville, CO 80027
$1,800,000

573 S Arthur Avenue is a freestanding 7, 744 SF industrial/flex building in the Colorado Technology Center, Louisville's main industrial park. It has heavy 3-phase power, 16' clear height, a clear-span warehouse, and a 12' dock-high door, plus remodeled office and lab space up front. Over $400, 000 in capital improvements have been invested in the building over the past few years. It's currently leased to Maverick RF Solutions on a NNN lease, and the tenant will vacate after the sale, allowing the buyer to collect rental income before taking occupancy. The building is priced competitively relative to recent area sales.

Highlights:
• Extensively updated (over $400,000 in recent capital improvements)
• Highly functional (dock-high loading, clear span warehouse, office, production lab, conference room)
• Central location to Boulder and Denver

Property type
Industrial
Building size
7,744 SF RBA
Lot size
0.8624 acres
Year built
1992
Floors
1
Occupancy
100%
Parking
12 spaces
Zoning
I
Cap rate
4.73%
NOI
$85,184