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nLight Defense Systems, Inc. 1301 Iowa Ave 64,000 SF Industrial Building Longmont, CO 80501 $17,956,133 CAD ($280.56 CAD/SF) 6.75% Cap Rate



Investment Highlights
- Industry-Leading Defense Manufacturing
- Significant Capital Investment & Facility Enhancements
- Strong Industrial Submarket in Aerospace, Defense & Multi-Tech Innovation Hub
- Mission-Critical Facility Supporting Sizable Defense Contracts
- Passive NNN Lease Structure with Annual Rent Bumps
Executive Summary
Northmarq is pleased to exclusively offer for sale to qualified investors the opportunity to acquire a 64,000-square-foot office, R&D, manufacturing, and outdoor storage facility located in Longmont, Colorado (the “Property”). The Property is 100% leased to nLIGHT Defense Systems, Inc. through February 2033 under a long-term triple-net lease featuring 3.5% annual rental increases. nLIGHT Defense is a wholly owned subsidiary of nLIGHT, Inc. (NASDAQ: LASR), a leading developer and manufacturer of advanced high-energy laser systems utilized in defense, aerospace, and industrial applications.
Property Facts
Amenities
- Floor Drains
- Signage
- Monument Signage
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1315090-44-001 | Improvements Assessment | $2,217,198 CAD |
| Land Assessment | $526,452 CAD | Total Assessment | $2,743,650 CAD |
Property Taxes
Parcel Number
1315090-44-001
Land Assessment
$526,452 CAD
Improvements Assessment
$2,217,198 CAD
Total Assessment
$2,743,650 CAD
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nLight Defense Systems, Inc. | 1301 Iowa Ave
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