Contacts
Malman Commercial Real Estate
Property Details
- Property Type Industrial - Flex Space
- Property Size 13,968 SF
- Lot Size 0.56 Acre
- Cap Rate % 7.9
- NOI / YR $86,580.00
- Zoning I-A
- Additional Rent $1,600/SF
- Parking Spaces Avail. 6
- Parking Ratio 0.43 / 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1946
- Date Updated Sep 7, 2024
- Clear Height 9' - 11'
- Dock High Doors 1
- Drive-In Doors 1
- Construction Type Masonry/Cinder Block
Great Owner-User or value-add, multi-tenant, industrial investment with projected post 3rd year pro forma cap rate of 12%.
#3020 lease expires end of April 2025 and therefore presents an opportunity for a 10,995 SF owner-user occupancy. However, the Tenant has expressed interest in renewing.
***All numbers in the OM Pro forma are not guaranteed and are recommended to be independently verified.
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10,995 SF Owner-User Occupancy Option Available
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3,825 SF of 70% finished Commissary Kitchen space.
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Value-Add Warehouse/Flex Investment Option
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Pro forma Cap Rate 12%
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Projected Unleveraged IRR of 33%+
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Small Storage Yard
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Multi-Tenant
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Retail frontage, located on the border of up-and-coming residential North of RiNo.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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71/100
Walk Score ®
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49/100
Transit Score ®
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67/100
Bike Score ®
Location
- City Denver, CO
- Neighborhood Elyria Swansea
- Zip Code 80216
- Market Denver
Points of Interest
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Union Station Light Rail Plaza
3.11 miles
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Commerce City & 72nd
3.50 miles
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10th & Osage
4.22 miles
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Olde Town Arvada
7.05 miles
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Northglenn & 112th
8.76 miles
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Bakken Motorcars
9.18 miles
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7-Eleven
0.20 miles
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Phillips 66
0.57 miles
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Diamond Shamrock
0.94 miles
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Conoco
0.97 miles
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U-Fill-It
1.30 miles
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Mile High Quick Stop
1.43 miles
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Chestnut Public Parking Lot
2.80 miles
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EVgo
3.45 miles
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ChargePoint
3.64 miles
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Electrify America
4.71 miles
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Eco Express Car Wash
0.55 miles
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EcoExpress Car Wash
0.55 miles
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Hi Performance Car Wash II
0.96 miles
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Enterprise
2.49 miles
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ProWash Car Wash
2.50 miles
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Budget
2.54 miles
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Eagle Truck Wash
2.55 miles
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Pete's Car Wash
2.58 miles
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Blue Beacon
2.65 miles
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Hertz
2.66 miles
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Burger King
0.21 miles
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Casa de Sanchez Panadería y Restaurante
0.33 miles
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Tacos la Tapatia
0.34 miles
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Tacos El Huequito
0.46 miles
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Naughty Chile
0.55 miles
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Subway
0.56 miles
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Popeyes
0.60 miles
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Carl's Jr.
0.60 miles
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Green Burrito
0.60 miles
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KT's Real Good BBQ
0.61 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Malman Commercial Real Estate
