Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1187 E 68th Ave 30,243 SF 49% Leased Industrial Building Denver, CO 80229 For Sale 8.23% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

South Unit is leased for 5-Years for $156,233/year Net Providing Great Income for a Buyer
Unincorporated Adams County location (with a Denver mailing Address) for a low tax base
Heavy Power and liberal heavy industrial zoning

North unit has 16' clear and paved yard space that could be fenced.
CENTRAL Location with Immediate Access to I-25, I-76, US-36, I-270, and I-70
Beautiful image with Brick & Block construction and Very Nice Office Finish

Executive Summary

Two units can be sold separately to an investor or a user, or can be combined for a great price to a user looking to collect $156,233/year in Net income from the leased unit. Unique user or investment sale in the heart of Denver but with an unincorporated Adams County location and a Denver mailing address. Versatile space suitable for manufacturing distribution, R&D, or corporate headquarters. Heavy power and liberal heavy industrial zoning. Strategically located in the much sought after North-Central sub-market with incredible access to major highways. Interstates 25, I-270, I-76, US-36 and I-76 are all just a couple minutes away. 6.8% capitalization rate on the leased unit, with a Proforma 8.23% capitalization rate if you lease the vacant unit on a full building sale.

1187E68thAve-2

Property Facts

Sale Type	Investment or Owner User	No. Stories	2
Cap Rate	8.23%	Year Built/Renovated	1984/2000
Property Type	Industrial	Parking Ratio	3.59/1,000 SF
Property Subtype	Manufacturing Flex Light Manufacturing Showroom Industrial Warehouse	Clear Ceiling Height	16’
Building Class	B	No. Drive In / Grade-Level Doors	3
Lot Size	1.56 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	30,243 SF
Zoning	I-2 - I-2 Zoning - Heavy Industrial

Sale Type	Investment or Owner User
Cap Rate	8.23%
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Showroom Industrial Warehouse
Building Class	B
Lot Size	1.56 AC
Rentable Building Area	30,243 SF
No. Stories	2
Year Built/Renovated	1984/2000
Parking Ratio	3.59/1,000 SF
Clear Ceiling Height	16’
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-2 - I-2 Zoning - Heavy Industrial