Highlights

• 150 Parking Spaces, Recently Repaved, Bldg Newly Painted
• Uses are Mainly Retail Showroom & Sales (Furniture, etc)
• Long Term Existing Tenants (7) Significant Upside in Rents

• Entire Building has 22' -24' Ceilings and is Fully Sprinkled
• Well Located just West of 58th & I-25 near Furniture Row
• 9.00% Cap, Sales price of $36/sf

Description

This well-located property is zoned I-2 and is in un-incorporated Adams County. Many of the existing tenants have been there for over 10 years, some over 20 years. For the most part this project has turned into a very active showroom and retail sales use for furniture, used restaurant equipment, and building supplies. Rates are well under market, most units have both dock high and drive in loading, tall 24' ceilings, entirely fire sprinklered. With Furniture Row across the street as well as Mattress
King and Appliance Factory Outlet, this whole area is an extremely active home furnishing shopping destination for thousands of people a week. Easy access, attractive image, literally 5 minutes from downtown Denver, this property is a rare opportunity to own a solid and strong cash flowing asset for $36/sf, with significant upside in rents across the board. Complete Income &
Expense sheet, current Rent Roll, and Pro-Forma available upon request.

Just West of 58th Ave & I-25 - near Furniture Row