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1275-1279 S Cherokee St 18,642 SF Industrial Building Denver, CO 80223 $4,250,000 ($227.98/SF) 3% Cap Rate
Executive Summary
Exceptional REDEVELOPMENT OPPORTUNITY, this multi-tenant industrial asset at 1273-1279 S Cherokee Street, in the heart of Denver’s Santa Fe/Mississippi industrial corridor (Overland Neighborhood), offered for sale as a redevelopment site. Rarely does a central Denver land play come packaged with immediate cash flow through short-term leases to help alleviate the cost during the design, permitting, and other entitlements.
PROPERTY HIGHLIGHTS
SITE: 35,250 sf ($120.57 psf)
Size: 18,642 sf includes 2,622 sf dry storage warehouse ($227.98 psf)
Power: 3-Phase
Water Line: 1"
PROPERTY HIGHLIGHTS
SITE: 35,250 sf ($120.57 psf)
Size: 18,642 sf includes 2,622 sf dry storage warehouse ($227.98 psf)
Power: 3-Phase
Water Line: 1"
Property Facts
| Price | $4,250,000 | Lot Size | 0.81 AC |
| Price Per SF | $227.98 | Rentable Building Area | 18,642 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 3% | Year Built | 1943 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-B | ||
| Price | $4,250,000 |
| Price Per SF | $227.98 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.81 AC |
| Rentable Building Area | 18,642 SF |
| No. Stories | 1 |
| Year Built | 1943 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-B |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5223-05-013 | Improvements Assessment | $571,050 |
| Land Assessment | $571,050 | Total Assessment | $704,670 |
Property Taxes
Parcel Number
5223-05-013
Land Assessment
$571,050
Improvements Assessment
$571,050
Total Assessment
$704,670
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1275-1279 S Cherokee St
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