640 W Tennessee Ave - Light Distribution FOR SALE


Denver, CO 80223- Athmar Park
$7,900,000 USD
303-704-6322
640 W Tennessee Ave, Denver, CO for Sale
$7,900,000 USD
Light Distribution - FOR SALE
1/20
null | Request Cap Rate

640 W Tennessee Ave
Denver, CO 80223
Athmar Park


HIGHLIGHTS

  • Secure, fenced Outside Storage; two yards; 0.5 FAR
  • 31,909 SF available for immediate occupancy; ability to grow into all 40,209 SF in near term; or keep existing 8,300 SF tenant for additional income
  • Central Denver location with quick access to I-25, Broadway, Santa Fe Dr., South Platte River Dr.
  • Across the street from Vanderbilt Park, walking distance to I-25/Broadway RTD Station, Broadway Station redevelopment project & soccer stadium
  • I-MX-5 zoning allows for 5 story apartment building; 220 units+ possible
  • Easy access to S. Broadway retail/restaurants, Levitt Pavilion Music Venue, Washington Park and other amenities

OVERVIEW

- Flexible Owner/User opportunity with the ability to ultimately occupy 100% of the building or lease a portion for supplemental income. - Two tenant building, currently leased with near-term lease expiration dates and ability to occupy 31,909 SF immediately.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

9

DRIVE INS

12

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.61

LAND SF

70,132

ZONING

I-MX-5

APN/PARCEL ID

5154-03-016

ASK ABOUT THIS PROPERTY

Todd SnyderKentwood CommercialMore Info
303-704-6322

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Todd SnyderKentwood CommercialMore Info
303-704-6322

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