Description

We are offering 7223 West 118th Place, Units A and B, in Broomfield, Colorado, for $715,000. The 4,056 square foot industrial investment consists of two adjoining condominium units built in 2005 and is fully leased on a NNN basis to ETS Performance through December 2030.

The tenant pays 100 percent of taxes and operating expenses, and the lease has 3 percent annual rent increases, with the rate rising from $11.50 to $12.92 per square foot NNN in December 2026. Current net operating income is about $46,644, a 6.52 percent cap rate at the asking price. ETS Performance operates more than 80 locations nationwide.

The units are finished industrial flex space with two roll-up doors and eight dedicated parking spaces. The two-unit layout can be used together or separately, which gives a future owner flexibility when the lease expires. The property is zoned I-2 General Industrial.

The building sits in an established north metro business area with quick access to US 36, Wadsworth Parkway and 120th Avenue, surrounded by industrial, service and retail users. Contact Corey Sandberg of Pinnacle Real Estate Advisors for the offering memorandum and lease details.