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Investment Highlights

  • Heavy, 400a power
  • Dock-high loading with leveler
  • Over $400,000 in recent capital improvements
  • Clear span warehouse

Executive Summary

573 S Arthur Avenue is a freestanding 7,744 SF industrial/flex building in the Colorado Technology Center, Louisville's main industrial park. It has heavy 3-phase power, 16' clear height, a clear-span warehouse, and a 12' dock-high door, plus remodeled office and lab space up front. Over $400,000 in capital improvements have been invested in the building over the past few years. It's currently leased to Maverick RF Solutions on a NNN lease, and the tenant will vacate after the sale, allowing the buyer to collect rental income before taking occupancy. The building is priced competitively relative to recent area sales.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $119,462 $15.43
Other Income $91,953 $11.87
Vacancy Loss $5,973 $0.77
Effective Gross Income $205,442 $26.53
Taxes $82,983 $10.72
Operating Expenses $8,970 $1.16
Total Expenses $91,953 $11.87
Net Operating Income $113,489 $14.66

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $119,462
Annual Per SF $15.43
Other Income (CAD)
Annual $91,953
Annual Per SF $11.87
Vacancy Loss (CAD)
Annual $5,973
Annual Per SF $0.77
Effective Gross Income (CAD)
Annual $205,442
Annual Per SF $26.53
Taxes (CAD)
Annual $82,983
Annual Per SF $10.72
Operating Expenses (CAD)
Annual $8,970
Annual Per SF $1.16
Total Expenses (CAD)
Annual $91,953
Annual Per SF $11.87
Net Operating Income (CAD)
Annual $113,489
Annual Per SF $14.66

Property Facts

Price $2,524,320 CAD
Price Per SF $325.97 CAD
Sale Type Investment or Owner User
Cap Rate 4.73%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • Industrial Refrigeration ColdStorage
Building Class B
Lot Size 0.86 AC
Rentable Building Area 7,744 SF
No. Stories 1
Year Built 1992
Tenancy Single
Parking Ratio 1.55/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 1
Zoning Industrial - Zoned I (Industrial), City of Louisville. Permits manufacturing, processing, warehousing & distribution.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Cooler
  • Floor Drains
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Gas
  • Water - City
  • Sewer - City
  • Heating
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
1575160-02-005
Land Assessment
$306,596 CAD
Improvements Assessment
$569,685 CAD
Total Assessment
$876,282 CAD
Annual Taxes
$82,983 CAD ($10.72 CAD/SF)
Tax Year
2026
  • Listing ID: 41326070

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 573 S Arthur Ave, Louisville, CO 80027

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