INDUSTRIALCONDOS FOR SALE

PROPERTY HIGHLIGHTSCONTACT US

DISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to confirm its accuracy and completeness.

1849 Cherry Street is a new construction building extension featuring newly constructed industrial condos in the heart of the Colorado Technology Center in Louisville, Colorado.

There are six 3000+ SF units which can be purchased together or separately. New units will feature both a high bay warehouse ranging from 1200-1300 SF and two stories of office space right around 900 SF per floor as well as a balcony off each second-floor office.

Located next to several highways offering easy access to Boulder, Denver, and Longmont. The property is surrounded by leading manufacturing and tech companies in Boulder County

1849 CHERRY STREET, LOUISVILLE, CO 80027

Available SF: 19,061 SF

Building Size: 53,148 SFMinimum Divisible: 3,137 SF

Estimated Completion: December 2019The Colorado Group, Inc

3434 47th St, Suite 220Boulder, CO 80301

303.449.2131www.coloradogroup.com

CHERRY PARK BUSINESS CENTER

Jorge EspinozaPrincipal/Broker Associate303.449.2131 ext 114jorge@coloradogroup.com

Units Available: 6

Zoning: PUD-I

Parking: 13.5/1,000 SF

• 6 Newly Constructed Industrial Condos • 1 - 12’x12’ Drive in Door Per Unit• 200 Amp Power• Fully Sprinklered

• Can be Purchased Separately or Together• 1,285-1,348 SF of Warehouse • 1,820-1,877 SF of Office Space (2 Stories)• Balcony Each Unit• 1 Built-out Bathroom (toilet and sink)

~Property is broker owned

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALECHERRY PARK BUSINESS CENTER

PROPERTY INFORMATION

1849 CHERRY STREET, LOUISVILLE, CO 80027

Exterior

Construction: Tilt Up ConcreteExterior: Painted ConcreteRoof: Adhered Membrane Roofing TPO 60 Mil

Aspen Fan Swamp Cooler & Reznor Gas Unit Heater (warehouse)Rheem Rooftop Unit AC & Reznor Gas Unit Heater (office)

Interior

Ceilings: Metal Deck & Gypsum BoardWalls: Gypsum BoardFlooring: Concrete & Stair TreadsElevators: NoneCeiling Height: 21-25 FT Clear HeightPower 200 AMP

Service Providers

Water & Sewer: City of LouisvilleElectric: Xcel Energy

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALE

1849 CHERRY STREET, LOUISVILLE, CO 80027

PROPERTY FLOOR PLAN

CHERRY PARK BUSINESS CENTER

1ST FLOOR

2ND FLOOR

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALECHERRY PARK BUSINESS CENTER

PROPERTY LOCATION

1849 CHERRY STREET, LOUISVILLE, CO 80027

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALECHERRY PARK BUSINESS CENTER

ABOUT COLORADO TECH CENTER

1849 CHERRY STREET, LOUISVILLE, CO 80027

The Colorado Technology Center is the home of several leading manufacturing and high tech companies in Central Boulder County. The technology park is ideally located in Louisville, Colorado. It is next to several major highways providing easy access to Boulder, Denver, Longmont, DIA, and an abundance of other nearby amenities.The park offers a fantastic central location for companies looking to buy, lease or rent commercial property to locate their corporate campus, research & development operations, manufacturing operations or warehouse distribution facilities to the Colorado Technology Center Owners Association.

• The CTC is minutes away from world class hotels, outstanding golf courses and the Flatirons Crossing Shopping Mall.• Summer and winter outdoor activities for you and your employees are at close proximity. Colorado is a mecca for skiing, climbing, hiking, kayaking, and biking.• World class ski resorts, such as Vail, Copper Mountain and Breckenridge are less than two hours away.• The Colorado Tech Center is close to research facilities such as the University of Colorado, NIST, NOAA and NCAR.• The University of Colorado, Boulder, is 7.5 mi. away, University of Colorado, Denver, 20 mi., Colorado School of Mines, Golden 16 mi., and the Colorado State University, Ft. Collins is 42 mi. away from the CTC. *sourced from CTC Official Website

• Coherent Technologies Inc.• Comfort Systems USA• Babolat• Kiosk Information Systems• Invonics Wireless• FedEx• Fresca Foods• Izzio Artisan Bakery

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALECHERRY PARK BUSINESS CENTER

LOUISVILLE COLORADO

1849 CHERRY STREET, LOUISVILLE, CO 80027

Louisville was established in 1877 and has been a destination city for families throughout the United States for almost forty years. With a population of 21,163 people and an unmatchable location, Louisville is one of the most popular cities in Boulder County. Located just 9 miles from Boulder and 20 miles from Denver, Louisville is perfectly central to the abundance of outdoor adventures, downtowns, shops, eateries, and daily activities that Boulder County has to offer.

Louisville is the perfect place to make home and has numerous accolades to prove that. In recent years, Louisville has been voted “3rd Best Place in the United States to Live” by Money Magazine, the “Best Place to Raise a Family” by Bert Sperling, and among the top ten for “Best Towns for Families” by Family Circle Magazine. Louisville offers 26 city parks, 1,800 acres of open space, 26 miles of trails and bicycle paths, and an award-winning $9 million public library with study rooms, teen areas, and a fireside reading room.

Louisville is a modern community offset by a historic downtown that’s making a name for itself with several new restaurants and boutiques including the Melting Pot, Chipotle, Gravity Brewing, Carrabbas Grill, and more. Downtown Louisville is known for its historic culture and rustic looking buildings. Whether it be attending the local street faire hosted each week in the summer, local gastro pubs, art galleries, live music, or local shops, the downtown of this city it a must see.

The Colorado Group, Inc. | 3434 47th St, Suite 220, Boulder, CO 80301 | 303-449-2131 | www.coloradogroup.comDISCLAIMER: The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.

INDUSTRIAL CONDOS FOR SALECHERRY PARK BUSINESS CENTER

AREA DEMOGRAPHICS

1849 CHERRY STREET, LOUISVILLE, CO 80027

Population The current population of Louisville is 21,163. In 2010, the population was 18,408. The population since 2010 has increased by about 15%. The population is expected to grow in the next few years as Louisville has become one of the most sought after cities in Boulder County. The current population is 48% men and 52% women. The median age in this area is 43 years old in comparison to the Colorado average of 36 years old. The population density in Louisville is 2,010 people per square mile.

HouseholdsThere are currently 8566 homes occupied in Louisville, with the average household size of 2.45 people. 70.6% of households are owner occupied. 84.2% of the population is currently residing in the same property as there were the year before. It is expected that the number of households over the next five years will increase here in Louisville.

Income The typical household income in Louisville ranges between $70,000 and $110,000 a year with the average sitting right around $94,785 compared to the Colorado average of $71,121 per year. The current per capita income in Louisville is $48,079. 5.8% of the population in Louisville is living in poverty.

Race and Ethnicity In the current year, the racial makeup of Louisville is roughly 91.3% White, .2% Black or African American, .2% American Indian, 5.5% Asian, 5.7% Hispanic, and 2.3% is two or more of these races.

HousingThe median house value in Louisville is $489,400. About 70% of the population here own their properties while only about 30% are currently renting. The current average monthly rent rate is $1,486 in Louisville, compared to the average monthly rent in Colorado which is roughly $1,676.6.

Employment and EducationIn Louisville, 97.3% of the population have a high school degree, and 71.2% have a bachelor’s degree or higher. 70.1% of the population 16 and over is employed in civilian labor force. 18% of the population is self-employed. The average number of hours worked per week is 37.6 with 71% of the population working full time jobs. Louisville is home to 3,060 different companies.