303-681-5672
10963 Leroy Dr, Northglenn, CO for Sale
Manufacturing - FOR SALE
1/5
null | 9.67% Cap Rate

10963 Leroy Dr
Northglenn, CO 80233


HIGHLIGHTS

  • Priced Significantly Below Replacement Cost
  • Committed Tenancy With Recent Capital Improvements
  • Highly Specialized Improvements with Functional Layout
  • Prime Legacy Location

OVERVIEW

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado (“Property”). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents an opportunity to purchase an asset leased to a subsidiary of a globally recognized chemical producer. The Property is currently fully leased to a tenant with 3.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property’s appeal. This investment offers a unique opportunity to acquire a stable, cashflowing asset in an irreplaceable location.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

9.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Truck Terminal, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

21 Ft

DOCKS

6

DRIVE INS

2

PARKING SPACES

58

LAND DETAILS

LAND ACRES

2.07

LAND SF

90,077

ZONING

IN, I-2

APN/PARCEL ID

1719-11-1-02-051

ASK ABOUT THIS PROPERTY

Garrett NeustromKenai Capital AdvisorsMore Info
303-681-5672

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Garrett NeustromKenai Capital AdvisorsMore Info
303-681-5672

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.