Active
10963 Leroy Drive
Northglenn CO, 80233
$4,500,000
$150.00 per sqft
Active
30,000 sqft
Commercial
Built in 1998
Kenai Capital Advisors ("Kenai"), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado ("Property"). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents a mark-to-market opportunity for investors with significant potential for rent increases. The Property is currently fully leased to a tenant with 2.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property's appeal. This investment offers a unique opportunity to acquire a stable, cash-flowing asset in an irreplaceable location with the near-term ability to adjust rents to market.
More details can be found: https://platform.reverecre.com/project/286f653c-881e-4280-9a38-95b00a9bf4db#overview
4607943
MLSⓇ ID
July 23, 2024
Listed
November 25, 2024
Updated
Map
10963 Leroy Drive
Northglenn CO, 80233
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.07 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$119,331
Tax Frequency
Annually
Garage
No
Parking
Asphalt, Concrete
Parking Total
58
View
No
County
Adams
Water Source
Public
Pool
No
Zoning
IN, Industrial
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Data last updated 7:26 PM UTC, 11/25/2024
