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
The median home value in Denver, CO is $452,100. This is lower than the county median home value of $476,700. The national median home value is $338,100. The average price of homes sold in Denver, CO is $452,100. Approximately 56.15% of Denver homes are owned, compared to 40.06% rented, while 3.8% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!
Denver, Colorado 80233 has a population of 37,899. Denver 80233 is less family-centric than the surrounding county with 35.46% of the households containing married families with children. The county average for households married with children is 36.8%.
The median household income in Denver, Colorado 80233 is $73,163. The median household income for the surrounding county is $78,304 compared to the national median of $69,021. The median age of people living in Denver 80233 is 33.8 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 18.2 degrees. The average rainfall is approximately 15.7 inches per year, with 48.6 inches of snow per year.