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35715 US Hwy 40 - Luminescence Labs - Floyd Hill Business Park 4,209 SF Industrial Condo Unit Offered at $617,000 in Evergreen, CO 80439
Investment Highlights
- Located within the Denver MSA
- Approximately 5 years remaining on the lease
- Space is currently being used as a cannabis extraction facility
- Tenant recently extended their lease demonstrating commitment to the location
- Colorado’s cannabis industry is estimated to exceed $3 billion in revenue in 2025
- Approximately 25 miles west of Downtown Denver and 37 miles south of Boulder
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 11.99% |
| Sale Type | Investment |
| Cap Rate | 11.99% |
Description
* 4,209 RSF (two suites combined as one).
* Existing tenant is a licensed industry leading retail and medical
marijuana manufacturer with NNN lease.
* Existing tenant is a licensed industry leading retail and medical
marijuana manufacturer with NNN lease.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 305-306 | 4,209 SF | Industrial | $617,000 ($146.59/SF) | $74,008 |
Unit 305-306
| Unit Size |
| 4,209 SF |
| Condo Use |
| Industrial |
| Price |
| $617,000 ($146.59/SF) |
| NOI |
| $74,008 |
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Unit 305-306
| Unit Size | 4,209 SF |
| Condo Use | Industrial |
| Price | $617,000 ($146.59/SF) |
| NOI | $74,008 |
| Sale Type | Investment |
| Cap Rate | 11.99% |
| Description | |
| * 4,209 RSF (two suites combined as one).<br> * Existing tenant is a licensed industry leading retail and medical<br> marijuana manufacturer with NNN lease.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Security System
- Signage
- Monument Signage
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Exceptionally drivable
100/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Luminesence Labs |
-
|
October 2030
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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