644 N 7th Ave - Warehouse FOR SALE


Brighton, CO 80601
$1,750,000 USD
972-755-5223
644 N 7th Ave, Brighton, CO for Sale
$1,750,000 USD
Warehouse - FOR SALE
1/5
null | 7.17% Cap Rate

644 N 7th Ave
Brighton, CO 80601


HIGHLIGHTS

  • 100% Occupied Small-Bay Industrial Property
  • 2,000 Square Feet Average Unit Size
  • Short-Term Leases with Below-Market Rents
  • Excess Yard Space for Outside Storage

OVERVIEW

The property is a multi-tenant industrial asset spanning 10,000 square feet and situated on 1.14 acres. The asset features metal construction and has five drive-in doors. Outside storage is also available, providing additional space for equipment and supplies. Located along U.S. Route 85 in Brighton, the property is easily accessible for tenants and customers. The property is also well-positioned within the Denver International Airport submarket, which has a 1.1% vacancy rate among comparable properties under 25,000 square feet. This indicates a strong demand for industrial space in the area, making the property a desirable investment opportunity. The property is fully occupied, with several tenants on short-term leases below market rates, creating a value-add opportunity for investors, in addition to yard space available for lease. This sale offers flexible purchasing options, with the opportunity to acquire individual buildings.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

7.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

4

LAND DETAILS

LAND ACRES

1.14

LAND SF

49,658

ZONING

I-1

APN/PARCEL ID

1569-06-1-10-007

ASK ABOUT THIS PROPERTY

Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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Adam AbushagurMarcus & MillichapMore Info
972-755-5223

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