Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1426 Cimarron Court in Greeley, Colorado, leased to Archrock, Inc., (NYSE: AROC). The subject property consists of approximately 9,600 square feet of warehouse space and is situated on 4.17 acres of land. The singletenant asset features three 16-foot grade-level doors, metal construction, and three-phase heavy power with 400 amps and 120 to 208 volts. With a building coverage ratio of 5.3 percent, the property has ample industrial outdoor storage space. Located along U.S. Route 85, the property sits about four miles from the Greeley-Weld County Airport. Fully occupied by Archrock, Inc. since delivery in 2019, the property is leased through March 2030 at $25.00 per square foot on a double-net basis with one five-year renewal option. Founded in 1954, Archrock, Inc. is a leading provider of natural gas contract compression services to customers in the oil and natural gas industry throughout the U.S. The subject property is located within the relatively large Weld County submarket, containing 31.0 million square feet of industrial space. In the 12 months through Q2 2025, net absorption contracted marginally by about 111,000 square feet. Combined with nearly 140,000 square feet of net deliveries during this time, the vacancy rate rose by 80 basis points year-over-year to 4.5 percent. However, industrial availability in Weld County was 300 basis points lower than the 7.5 percent national average (based on the top 50 metros, classes A, B, & C, minimum 10,000 square feet). Despite local vacancies remaining in low territory, annual rent growth decelerated to a 14-year low of 1.1 percent. With only about 306,000 square feet of industrial space under construction in Weld County at the end of Q2, representing 1.0 percent of inventory, vacancies and rent growth will largely be driven by demand levels for the foreseeable future (CoStar). Denver-Aurora-Lakewood metro is home to three million people among 10 counties. Known as the Mile High City, Denver, which is also a county, serves as the state’s capitol and largest city, with approximately 716,577 residents. Metro Denver houses 10 Fortune 500 companies, including Newmont Goldcorp, Arrow Electronics, and DISH Network. Aerospace, financial services, and health care are some of the industries that have driven economic growth in the new millennium. The passage of Amendment 64 in November 2012, created a new industry in marijuana, largely consisting of young thriving businesses. Metro Denver provides a high quality of life with rural and urban amenities. Rocky Mountain National Park is less than a two-hour drive from the metro area, and the city houses franchises for all four major sports.