12600 W Cedar Dr - Light Distribution FOR SALE


Lakewood, CO 80228- Union Square
$3,750,000 USD
303-489-6126
12600 W Cedar Dr, Lakewood, CO for Sale
$3,750,000 USD
Light Distribution - FOR SALE
1/7
null | 6% Cap Rate

12600 W Cedar Dr
Lakewood, CO 80228
Union Square


HIGHLIGHTS

  • National credit Tenant with corporate guaranty
  • Completely renovated in 2024 with new interior finishes, new lighting, new chiller and boiler and a new security system. Landscaping project is curren
  • NNN lease, however Landlord only responsible for foundation, roof and exterior walls
  • Two Ingress/Egress Points
  • The property sits on a 1.01 Acre secured lot with 31 striped parking spaces

OVERVIEW

12600 W. Cedar Drive in Lakewood, CO is being offered at $3,750,000 and presents a rare opportunity to acquire a fully occupied, single-tenant net-leased commercial property in one of Denver’s most supply-constrained submarkets. The 14,609 SF building, situated on a secured 1.01-acre lot with 31 striped parking spaces and two ingress/egress points, was originally built in 1968 and completely renovated in 2024 with new interior finishes, updated lighting, a new chiller and boiler, and a modern security system, with landscaping improvements currently underway. The property is leased to NationScapes, a leading lawn care and irrigation services company backed by Perennial Service Group (PSG), a national home services platform operating across 15 states with 34 brands and more than 1,700 employees, financially supported by Tenex Capital Management. The tenant is in the first year of a five-year lease with two five-year renewal options, secured by a corporate guaranty, and operates the property as both a local landscape operations center and a hub for PSG’s executive management and national sales support team. With a true NNN lease structure in place, where the landlord is only responsible for the foundation, roof, and exterior walls, this asset offers investors long-term stability and minimal management responsibilities. Strong surrounding demographics further enhance the property’s value, with a 2025 projected population of over 219,000 within a five-mile radius, a daytime population exceeding 220,000, and median and average household incomes of $92,803 and $127,156 respectively.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

7.75 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

LI

APN/PARCEL ID

49-083-00-007

ASK ABOUT THIS PROPERTY

Jon UngarStraight Line Commercial Real EstateMore Info
303-489-6126

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Jon UngarStraight Line Commercial Real EstateMore Info
303-489-6126

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