Pueblo Industrial Portfolio

1045-1109 South Santa Fe Avenue, Pueblo, CO

$4,615,000

Price

7.5%

Cap Rate

$346,133.51

NOI

Gallery
Street
Map
Overview
Cap Rate
7.5%
NOI
$346,133.51
Building Size
83,671 sqft
Lot Area
12 acres
Price Per Sqft
$8.83
Zoning
I2 (Light Industrial)
Description

NAI Highland, LLC, as exclusive advisors, are pleased to present this outstanding opportunity to acquire 1045-1109 South Santa Fe Avenue in Pueblo. Originally known as the Newton Lumber Facility in 1925. Encompassing a total of approximately 83,671 rentable square feet in eight industrial buildings on two adjacent parcels equaling 12 acres, this fully leased with options for expansion, multi-tenant property features diverse tenancy with stable in-place income and strong market fundamentals.

Highlights
  • Strategically Situated between Santa Fe Avenue & I-25
  • Located in an Opportunity Zone
  • Excellent Visibility from I-25 with Easy Access to I-25
  • Minutes South of Downtown Pueblo
  • Diversified and Stable Tenant Mix that includes National Tenants, such as, Ryder Logistics, CED/Greentech and Ferguson Plumbing.
  • Owner has implemented over $1,000,000.00 in Capital Improvements through the Property in the past 18 months.
Documents
Title
Offering Memorandum
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Location
Gallery