836 Synthes Ave 4,960 SF Industrial Building Monument, CO 80132 $2,634,236 CAD ($531.10 CAD/SF) 6.63% Cap Rate

836 Synthes Avenue presents a compelling opportunity to acquire a brand-new light industrial investment in the highly desirable Monument market. Situated on a ±1.4-acre flat, fully fenced lot, the 4,960 SF building is designed for long-term functionality and durability, featuring 12’ and 14’ overhead doors, off-site water retention, and approval for outdoor storage, an extremely rare entitlement in Monument. The property is anticipated to deliver in late Q1 to Q2, offering investors the benefit of new construction with minimal near-term capital expenditures.
The asset is secured by a 7-year NNN lease with five-year renewal options, providing stable and predictable cash flow. With a 6.63% cap rate and $126,000 NOI, this investment offers strong income fundamentals backed by a tenant responsible for taxes, insurance, and maintenance. The combination of long lease term and NNN structure makes this an ideal hands-off ownership opportunity.
Located within a market characterized by very limited supply of fenced industrial properties, the site benefits from light industrial zoning, allowing for a wide range of permitted uses and enhancing long-term flexibility and value retention. This property represents an exceptional opportunity for investors seeking a high-quality, long-term industrial asset in one of El Paso County’s most supply-constrained submarkets.