CHERRY PARK BUSINESS CENTER...Located next to several highways offering easy access to Boulder,...

INDUSTRIALCONDOS FOR SALE/LEASE

PROPERTY HIGHLIGHTSCONTACT US1849 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 or leased together or separately. New units feature a 20’ high bay warehouse and two story office space.

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 For Sale: 19,064 SFMinimum Divisible: 3,137 SFUnits Available: 6Zoning: PUD-I

The Colorado Group, Inc3434 47th St, Suite 220

Boulder, CO 80301303.449.2131

www.coloradogroup.com

CHERRY PARK BUSINESS CENTER

Jorge EspinozaPrincipal/Broker Associate303.449.2131 ext [email protected]

Unit For Lease: Units 11-15Lease Rate: $16.00/RSF NNNExpenses (Est.): $6.00/RSFParking: 3.5/1,000 SF

• 6 Newly Constructed Industrial Condos • 1 - 12’x12’ Drive in Door Per Unit• Power per Unit: 200 Amps, 3 phase, 4 wire

• Can be Purchased Separately or Together• Balcony Each Unit• 1 Built-out Bathroom (toilet and sink)• Fully Sprinklered

~Property is broker owned

DISCLAIMER: The information contained in this brochure has been obtained from sources we believe to be reliable. However, while we have no reason to doubt the accuracy of the information, it is important for you to understand that we have not verified the accuracy or completeness of the information and, therefore, do not make any guarantees, warranties or representations regarding the accuracy and completeness of the information provided. It is your responsibility to verify and confirm the accuracy and completeness of the information contained herein. The tenant, buyer, seller and/or landlord should not rely on the information contained in this brochure but instead should independently verify the permitted use and zoning of the property him or herself. The zoning link is for initial informational purposes only.

INDUSTRIAL CONDOS FOR SALE/LEASECHERRY PARK BUSINESS CENTER

PROPERTY INFORMATION


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.com* For a complete disclaimer, please see page one of this brochure.

UNDER CONTRACT


INDUSTRIAL CONDOS FOR SALE/LEASE


PROPERTY FLOOR PLAN

CHERRY PARK BUSINESS CENTER

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PROPERTY LOCATION



ABOUT COLORADO TECH CENTER


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




LOUISVILLE COLORADO


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.


AREA DEMOGRAPHICS


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.


CHERRY PARK BUSINESS CENTER...Located next to several highways offering easy access to Boulder,...

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