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836 Synthes Ave 4,960 SF Industrial Building Monument, CO 80132 $1,900,000 ($383.06/SF) 6.63% Cap Rate



Executive Summary
836 Synthes Avenue presents a compelling opportunity to acquire a brand-new light industrial investment in the highly desirable Monument market. Situated on a ±1.4-acre flat, fully fenced lot, the 4,960 SF building is designed for long-term functionality and durability, featuring 12’ and 14’ overhead doors, off-site water retention, and approval for outdoor storage, an extremely rare entitlement in Monument.
The asset is secured by a 7-year NNN lease with five-year renewal options, providing stable and predictable cash flow. With a 6.63% cap rate and $126,000 NOI, this investment offers strong income fundamentals backed by a tenant responsible for taxes, insurance, and maintenance. The combination of long lease term and NNN structure makes this an ideal hands-off ownership opportunity.
Located within a market characterized by very limited supply of fenced industrial properties, the site benefits from light industrial zoning, allowing for a wide range of permitted uses and enhancing long-term flexibility and value retention. This property represents an exceptional opportunity for investors seeking a high-quality, long-term industrial asset in one of El Paso County’s most supply-constrained submarkets.
The asset is secured by a 7-year NNN lease with five-year renewal options, providing stable and predictable cash flow. With a 6.63% cap rate and $126,000 NOI, this investment offers strong income fundamentals backed by a tenant responsible for taxes, insurance, and maintenance. The combination of long lease term and NNN structure makes this an ideal hands-off ownership opportunity.
Located within a market characterized by very limited supply of fenced industrial properties, the site benefits from light industrial zoning, allowing for a wide range of permitted uses and enhancing long-term flexibility and value retention. This property represents an exceptional opportunity for investors seeking a high-quality, long-term industrial asset in one of El Paso County’s most supply-constrained submarkets.
Property Facts
Amenities
- Fenced Lot
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 71220-05-015 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $106,820 |
Property Taxes
Parcel Number
71220-05-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$106,820
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836 Synthes Ave
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