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7101 W 117th Ave - Broomfield Storage 15,296 SF Specialty Building Offered at $1,975,000 in Broomfield, CO 80020



Investment Highlights
- Strong demand in a high-traffic, rapidly developing corridor between Denver and Boulder
Executive Summary
We purchased this location August of 2023 and put several hundred thousand dollars of CAPEX including New roof to one of the budlings, painted the entire facility office, units, buildings, doors etc, new cameras, new led lighting, new gate keypads and software, new computers and office equipment, Brand new pavement in entire facility not just seal coat,. The managing partner recently relocated and moved out of state and as such we are motivated to sell both our Colorado locations to 1031 and invest the money where he is at now. The other site in case you want to make a package deal is also on loopnet is K and K Storage in Evans CO. We are not interested in seller financing or carrying any part of the debt. We are selling ourselves and so you will be working directly with the sellers and we do not currently have a broker. I have uploaded the May 2026 mngt summary. Please note the storage mngt summary does NOT include the PENSKE truck income as such that is a separate report. That income is paid directly to us from Penske once per week. which of course most the revenue comes in during the summer and last year was $69k of income. Revenue and occupancy is trending higher then 2025 But Adjusted NOI for last year was $102,440 and should be higher this year. Also I have uploaded the first quarter Jan-Apr 2026 PandL. Of note we pay the entirety of the property tax and insurance premiums in full so we are heavy on expenses in the first quarter but then of course the other 3 quarters have zero for those items. Also on the P and L you will see $37k in rent expense. That will be immediately added back into day one NOI for a new buyer. We merely set it up this way as 2 entities one dba rents the ground/buildings from the other for allocation of good will and tax purposes but it is not a true expense it is just us paying ourselves profit. Also the annual rate increase notices have already gone out and take effect July 1st and as such will add $800 in revenue.
Property Facts
| Price | $1,975,000 | Building Class | C |
| Price Per SF | $129.12 | Lot Size | 0.94 AC |
| Sale Type | Investment or Owner User | Building Size | 15,296 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1977 |
| Property Subtype | Self-Storage | Parking Ratio | 1.6/1,000 SF |
| Zoning | I-2, Broomfield - Industrial | ||
| Price | $1,975,000 |
| Price Per SF | $129.12 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 15,296 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | I-2, Broomfield - Industrial |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1717-02-1-14-001 | Improvements Assessment | $99,250 |
| Land Assessment | $169,320 | Total Assessment | $268,570 |
Property Taxes
Parcel Number
1717-02-1-14-001
Land Assessment
$169,320
Improvements Assessment
$99,250
Total Assessment
$268,570
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7101 W 117th Ave - Broomfield Storage
