Innovation at Boulder County — Sale in Longmont, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Longmont, CO 80503
  • Year built: 1982

Photos

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Description

Jones Lang LaSalle, Inc. ("JLL"), as exclusive advisor, is pleased to present Innovation at Boulder County ("IBC", the "Property" or "Building"), a compelling value-add opportunity in Longmont, one of the nation's fastest growing innovation ecosystems and an emerging hub for R&D and advanced manufacturing. Innovation at Boulder County is a 534,955 SF multi-tenant flex industrial, office, and R&D facility. With 51.7% occupancy and 10.9-year WALT, the Property benefits from exceptional tenant longevity, highlighted by Intrado and Vantor, its two largest tenants, which have maintained operations at the campus for 25 and 22 years, respectively . This deeply entrenched tenancy provides durable in-place cash flow ($91M in contractual revenue through 2014) alongside significant upside potential. The Building is served by 2.5MW of power today with an additional 2.5MW available. Beyond the existing Building, approximately 7 acres of excess land can support a new 75,000–90,000 SF industrial building without disrupting current operations, giving the next owner a second lever of value creation. Centrally located in Longmont, Colorado, Innovation at Boulder County provides direct access to the extensive executive and employee housing base and highly educated workforce spanning the Boulder-Longmont corridor — attracting tenants across a variety of industries, including Aerospace & Navigation Equipment, Semiconductor & Electronics, and Advanced Manufacturing , among others. The Property sits adjacent to The Diagonal (Highway 119), providing excellent visibility and convenient access to Boulder, Niwot, and Longmont's surrounding neighborhoods . This location gives IBC employees proximity to an abundance of nearby hotels, housing options, schools, and amenities, including The Village at the Peaks and Twin Peaks Square.

Market Context

This industrial in Longmont, CO is listed for sale. The building dates to 1982. Compare it against other industrial listings for sale in Longmont, CO — view the full market.

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