10963 Leroy Drive Northglenn, CO 80233

Industrial Residence

Beds

Baths

30,000 Sq. Ft.

2.07 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/14/2024 11:11 AM

Listing Details

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 & Inter...state 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 Continue reading

MLS#

4607943

Property Type

Industrial

Status

Year Built

1998

Square Feet

30,000 sq. ft

Lot Size

2.07

Sewer