CURRENT PROPERTY
4235 & 4229 N Nevada St.
Colorado Springs, CO
ASSET CLASS:
Industrial
ASSET SUB-TYPE:
Light Industrial
BUILDING:
Information Pending
Investment Report
Thesis
Overview
This property holds massive potential once deferred maintenance is remedied.
Risks
- 4235 N Nevada sits vacant and takes a while to lease-up.
OUTLOOK & EXIT
- This property should provide for an annualized 9.87 – 10.91% unlevered annualized internal rate of return (IRR) or higher barring a worse than normal recession or unexpected economic shock during the next ten years.