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Value-Add Industrial | Interstate Access 1001 W Center Ave 11,979 SF Vacant Industrial Building Online Auction Sale Denver, CO 80223
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Unlock the potential of this value-add industrial facility offering a prime opportunity for discerning investors in the Rocky Mountain Region.
- Join this industrial-rich area with a synergistic mix of businesses and freight access for streamlined logistics.
- Denver boasts excellent demographics for industrial users with over 92,000 employees working in goods-producing industries within 10 miles.
- Located off Interstate 25, this spot offers quick access to Downtown Denver, Lakewood, and Aurora in less than 15 minutes.
- Just a quick drive to retailers such as Dutch Bros Coffee, Sam’s Club, The Home Depot, McDonald’s, The UPS Store, Safeway, and more.
EXECUTIVE SUMMARY
Tap into the upside of this value-add industrial facility that is ideal for investors and owner/users alike.
1001 W Center Avenue presents exceptional potential for a variety of end users. This vacant former marijuana grow facility allows for many potential uses. Encompassing an impressive 11,979 square feet on a single level, the facility offers a flexible and efficient floor plan. It can be configured to accommodate either one or multiple tenants, depending on ownership’s requirements. The asset includes 3,200 square feet of office space in addition to extensive warehouse areas, facilitating streamlined on-site operations. Originally constructed in 1959, the property affords significant value-add opportunities. The property has complete utility connections with the opportunity to add heavy power. Formerly occupied by a printing company and a service business, the building is equipped with drive-in doors and ample onsite parking. The I-A zoning designation is favorable to prospective buyers, providing versatility for various industrial uses such as manufacturing, warehousing, light production, and select office functions. Purchasers may occupy the facility for their own business operations or lease the space at prevailing market rates.
Located just west of the W Alameda Avenue and Interstate 25 intersection, this property offers premier connectivity to Denver and the neighboring towns of Lakewood and Aurora. The area is home to a robust mix of industrial businesses, creating seamless area synergy for new tenants looking to join. Additionally, there are many retailers and restaurants making this area a standout location. Starbucks, Costco, and Office Depot are all just a quick drive from the property.
Denver stands out as an attractive destination for buyers, serving as a major economic center in the Rocky Mountain region. The city boasts a varied economy, with prominent sectors including technology, aerospace, finance, and energy. Nearly half of Denver’s residents have earned at least a bachelor’s degree, surpassing the national average of 36%. Major industrial employers like Gates Corporation, Advanced Energy Industries, Lockheed Martin, and Vestas Wind Systems contribute significantly to the region’s thriving industrial sector.
Property tours are available by appointment only. Please contact the listing broker to schedule.
1001 W Center Avenue presents exceptional potential for a variety of end users. This vacant former marijuana grow facility allows for many potential uses. Encompassing an impressive 11,979 square feet on a single level, the facility offers a flexible and efficient floor plan. It can be configured to accommodate either one or multiple tenants, depending on ownership’s requirements. The asset includes 3,200 square feet of office space in addition to extensive warehouse areas, facilitating streamlined on-site operations. Originally constructed in 1959, the property affords significant value-add opportunities. The property has complete utility connections with the opportunity to add heavy power. Formerly occupied by a printing company and a service business, the building is equipped with drive-in doors and ample onsite parking. The I-A zoning designation is favorable to prospective buyers, providing versatility for various industrial uses such as manufacturing, warehousing, light production, and select office functions. Purchasers may occupy the facility for their own business operations or lease the space at prevailing market rates.
Located just west of the W Alameda Avenue and Interstate 25 intersection, this property offers premier connectivity to Denver and the neighboring towns of Lakewood and Aurora. The area is home to a robust mix of industrial businesses, creating seamless area synergy for new tenants looking to join. Additionally, there are many retailers and restaurants making this area a standout location. Starbucks, Costco, and Office Depot are all just a quick drive from the property.
Denver stands out as an attractive destination for buyers, serving as a major economic center in the Rocky Mountain region. The city boasts a varied economy, with prominent sectors including technology, aerospace, finance, and energy. Nearly half of Denver’s residents have earned at least a bachelor’s degree, surpassing the national average of 36%. Major industrial employers like Gates Corporation, Advanced Energy Industries, Lockheed Martin, and Vestas Wind Systems contribute significantly to the region’s thriving industrial sector.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
3D Exterior
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Register To Bid Instructions
MARKET ANALYTICS Click Here to Access
PROPERTY FACTS
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Bike Score®
Very Bikeable (78)
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Denver
716,492
3
0 h 8 m
Aurora
374,114
25
0 h 34 m
Colorado Springs
472,688
65
1 h 17 m
Albuquerque
560,218
445
7 h 43 m
Wichita
389,255
523
8 h 55 m
Omaha
468,262
537
9 h 9 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
1,441,583
Total Labor Force
856,817
Unemployment Rate
3.12%
Median Household Income
$80,522
Warehouse Employees
91,862
High School Education Or Higher
91.60%
SALE ADVISORS
SALE ADVISORS
Heather Taylor, Principal
Heather Taylor is the Founder and Principal of Impact Commercial Real Estate. Born and raised in Colorado, Heather began her commercial real estate career in early 2009. Prior to starting Impact, Heather was a partner at a local commercial real estate firm. Heather has in depth experience in all property types including Industrial, Office, Retail, Multi-Family, Land and Investment. Heather finds passion in helping her clients and making a positive impact on businesses and the community through commercial real estate. Her tireless work ethic and sense of urgency are keys to her success. Heather also has strong resources and knowledge about financing options for clients. In this fast-paced real estate market, advice and information regarding financing can get the deal done quicker. Heather believes that attention to detail and support throughout the deal is essential for successful transactions from property selection to deal completion. Prior to Heather’s real estate career, she received her Master’s Degree from Purdue University and had a very successful career in sales. Heather and her family, built through adoption, live in Littleton, CO. She enjoys family time and travel adventures.
Anthony Palumbo, Vice President
Anthony Palumbo is Vice President at Impact Commercial Real Estate. Anthony started his real estate career in 2005 with a prominent developer in upstate New York. In 2009 he became the Director of Planning and achieved a Master of Urban Planning degree from SUNY at Buffalo with a concentration in Urban Management and Community Development. He continued to grow his career and obtained his New York State Real Estate Salesperson’s License in 2012 where he was a top commercial leasing agent in his market through 2015. After relocating to Colorado in 2016, Anthony founded the Palumbo Group, a team of experienced Colorado Realtors offering commercial and residential brokerage, leasing and development services to the greater Front Range communities of Denver, Boulder, Colorado Springs, Fort Collins, Greeley and Pueblo. He was previously a Director in the Commercial Division within the Keller Williams Urban Elite Market Center and served as the chair of the Commercial Committee and was a member of the Associate Leadership Council of the Market Center.
Anthony’s passion for urban planning, real estate and building community has only continued to grow. His well-rounded experience with the majority of his career in commercial real estate and development and gives Anthony the ability to analyze a prospective or projected new building or project and guide his clients to make the right decision in their leasing or sale, using out-of-the-box strategies to create a Win-Win deal. His main focus is retail, office, and land & development projects both build-to-suit and redevelopment. Anthony also takes pride in civic engagement, and has a passion for giving back to the community sitting on the Board of Directors for Localworks in Wheat Ridge. You can also find Anthony involved in personal growth and leadership development work, camping, hiking, traveling, and exploring all that Colorado’s great outdoors and mountain towns have to offer.
Anthony understands people and his ambitious, friendly and entrepreneurial spirit strikes up conversation anywhere he goes. Anthony values and understands the unique needs of each of his clients and the communities he serves, and is dedicated to providing exceptional customer service at all times no matter where you’re at in life and in your real estate journey. Putting his clients’ minds at ease, he prides himself in strong communication and negotiation skills, as building long term relationships with his clients is his priority. He remains up to date with the latest values, trends and opportunities in the Denver, Colorado Springs and Boulder metropolitan and surrounding areas and serves to give back being a connector in the community and being a mentor in commercial real estate. Contact him today to help him help you buy, sell, lease, or invest in your next real estate transaction!
Anthony’s passion for urban planning, real estate and building community has only continued to grow. His well-rounded experience with the majority of his career in commercial real estate and development and gives Anthony the ability to analyze a prospective or projected new building or project and guide his clients to make the right decision in their leasing or sale, using out-of-the-box strategies to create a Win-Win deal. His main focus is retail, office, and land & development projects both build-to-suit and redevelopment. Anthony also takes pride in civic engagement, and has a passion for giving back to the community sitting on the Board of Directors for Localworks in Wheat Ridge. You can also find Anthony involved in personal growth and leadership development work, camping, hiking, traveling, and exploring all that Colorado’s great outdoors and mountain towns have to offer.
Anthony understands people and his ambitious, friendly and entrepreneurial spirit strikes up conversation anywhere he goes. Anthony values and understands the unique needs of each of his clients and the communities he serves, and is dedicated to providing exceptional customer service at all times no matter where you’re at in life and in your real estate journey. Putting his clients’ minds at ease, he prides himself in strong communication and negotiation skills, as building long term relationships with his clients is his priority. He remains up to date with the latest values, trends and opportunities in the Denver, Colorado Springs and Boulder metropolitan and surrounding areas and serves to give back being a connector in the community and being a mentor in commercial real estate. Contact him today to help him help you buy, sell, lease, or invest in your next real estate transaction!
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Cheri Mascitelli
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr EC.100067651
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Value-Add Industrial | Interstate Access | 1001 W Center Ave
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