Listing Details
- MLS#: 6999700
- MLS Originator: REcolorado (Denver)
- Property Type: Commercial Sales
- Property Subtype: Industrial
- Status: Active
- Price: $6,000,000
Property Details
- Bedrooms: 0
- Sqft: 27716.00
- Acres: 2.18
- Year Built: 1968
Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 4701 Colorado Boulevard, a 27,716 SF industrial property located in Denver, Colorado (“Property”). The Property is currently leased to one tenant with 5 years of lease term remaining and is strategically situated off Interstate 70 and Colorado Boulevard, used by 200,000 cars daily. Interstate 70 serves as a crucial logistics route through Denver’s major population center, the Rocky Mountains and the great plains. This centrally located infill site offers investors a rare opportunity to acquire a single tenant net leased asset with an outdoor storage yard. Located at 4701 Colorado Boulevard, the facilities and outdoor storage yard with dual street access are a unique combination rarely available for purchase. The remaining lease term provides ample time for investors to harvest cash flow with above market rent escalations. Currently, the property is 100% leased to a nationally known wholesale specialty building product supplier. This highly functional industrial asset offers a unique opportunity to acquire stable cash flowing asset in an irreplaceable location within a supply constrained market.
More Details can be found: https://platform.reverecre.com/project/7ccb85f4-771c-4d28-abef-4af1ddcce6cd
Load & Tax Information
- Previous Year Tax: $ 67,820
- Tax Year: 2023
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