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Hiller Companies | 4yr Corp NNN | Annual Incr 18850 E Clarke Rd 25,520 SF Industrial Building Parker, CO 80134 $6,213,000 ($243.46/SF) 5.50% Cap Rate
Investment Highlights
- Over 4 Years Remaining | Corporate Signed | Mission Critical Site | Annual Rental Increases | New Roof in 2023
- Parker Marketplace (187,000 SF) | Strong Industrial Corridor |Shops at Crown Point (230,000 SF) | Primary Retail Corridor
- NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Executive Summary
• Over 4 years remaining on initial term with 1 (5-year) options to extend, demonstrating their commitment to the site
• Corporate signed by The Hiller Companies, LLC | Leading fire protection safety company with global reach
• Over 40 locations across the country
• Mission Critical Site | One of two locations in Colorado
• Annual 3% rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
• Installed a new roof in 2023, providing limited overhead for landlord
• Corporate signed by The Hiller Companies, LLC | Leading fire protection safety company with global reach
• Over 40 locations across the country
• Mission Critical Site | One of two locations in Colorado
• Annual 3% rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
• Installed a new roof in 2023, providing limited overhead for landlord
Property Facts
Utilities
- Water - City
- Sewer - City
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Property Taxes
| Parcel Number | 2233-153-03-024 | Improvements Assessment | $900,160 |
| Land Assessment | $236,750 | Total Assessment | $1,136,910 |
Property Taxes
Parcel Number
2233-153-03-024
Land Assessment
$236,750
Improvements Assessment
$900,160
Total Assessment
$1,136,910
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Videos
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Hiller Companies | 4yr Corp NNN | Annual Incr | 18850 E Clarke Rd
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