5925 E Evans Ave - Light Manufacturing FOR SALE


Denver, CO 80222- Virginia Village | 
$5,500,000 USD
303-668-4930
5925 E Evans Ave, Denver, CO for Sale
$5,500,000 USD
Light Manufacturing - FOR SALE
1/41
null | 7.09% Cap Rate

5925 E Evans Ave
Denver, CO 80222
Virginia Village


HIGHLIGHTS

  • Mixed Use Commercial - Industrial - Retail - Office
  • Well Maintained Property
  • Mix of long and short term leases
  • Newly Renovated

OVERVIEW

5925 E Evans Avenue presents investors with the opportunity to acquire a well-positioned, multi-tenant retail/office/flex asset in Denver, CO. The property features 27,672 SF of improvements with 22,384 rentable SF on nearly 1 acre of land, offering a diverse tenant mix and multiple income streams. Currently generating approximately $390K in NOI with upside to approximately $458K proforma NOI through lease-up of vacant space and rent growth, the asset provides both stable in-place cash flow and value-add potential. Built in 2016 with I-MX-3 zoning, 49 parking spaces, and a strong mix of retail, industrial, and office tenants, 5925 E Evans Avenue is an attractive investment opportunity in a highly accessible Denver location.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2016

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.02

LAND SF

44,431

ZONING

I-MX-3

APN/PARCEL ID

6292-10-030

ASK ABOUT THIS PROPERTY

Jules 'JB' HochmanBrockman GroupMore Info
303-668-4930

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Jules 'JB' HochmanBrockman GroupMore Info
303-668-4930

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