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Investment Highlights

  • Investment Sale
  • High Yield Returns
  • Cannabis Lease Income - Fully Licensed

Executive Summary

Offering a 25,014-square-foot industrial facility on 0.88 acres, fully converted into a licensed cannabis cultivation property.
Located in Denver’s Park Hill neighborhood, the asset benefits from a highly central infill location—just ½ mile from Interstate 70, providing immediate access to a primary logistics corridor. The property is also less than one mile from the Central Business District, making it one of the most strategically positioned industrial assets in the city.
The property is offered with attractive in-place cash flow from a stabilized cannabis cultivation tenant. The tenant has over nine years of operating history, supported by strong financial performance (P&L and personal financials available upon request).
Ownership is open to lease extension discussions, with the tenant willing to extend the term five years or longer, subject to mutually agreed rent adjustments—providing investors with both income stability and mark-to-market upside.
The offering presents a compelling return profile, including:
11.7% cap rate
13.7% cash-on-cash return
Seller financing is negotiable. Co-broker and referral participation starting at $50,000+, negotiable.
Please contact the listing broker for additional information and to discuss the opportunity.

Data Room Click Here to Access

Property Facts

Price $4,400,000
Price Per SF $176
Sale Type Investment
Cap Rate 11.70%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.88 AC
Rentable Building Area 25,000 SF
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 0.4/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 3
Opportunity Zone Yes
Zoning I1, Denver - Industrial

Amenities

  • Fenced Lot

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Jet Black Enterprises LLC
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Jet Black Enterprises LLC Services - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
1203-00-100
Land Assessment
$154,550
Improvements Assessment
$154,550
Total Assessment
$938,250
  • Listing ID: 40393295

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 5775 E 39th Ave, Denver, CO 80207

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