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    Denver Industrial Property For Sale Title is generated by Realmo AI

    1400 E 66th Ave, Denver, CO

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    Industrial property in Denver's Central Industrial Submarket with renovated office space.

    Type:INDUSTRIAL
    Property size:
    58,525 SF
    Lot size:
    3.22 Acres
    Price / SF:
    $170/SF
    Added:
    Apr 3, 2024
    Days on Market:
    808
    Last Refresh:
    May 20 at 8:24 pm

    Property Features for 1400 E 66th Ave

    General Information

    Standard status
    Active
    Size
    58,525 SF
    Lot size
    3.22 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

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    Listing Contact
    Drew McManus
    Drew McManus

    Listing agent Bryan Fry License #FA.100016531

    Listing office Cushman & Wakefield | Denver

    Listing date Apr 3, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Denver

    HighLights

    • I‑2 Zoning: Suitable for a wide range of industrial uses
    • Fully Renovated 6,500 SF Two‑Story Office Space: Provides modern and functional administrative areas
    • Dock‑High and Grade‑Level Loading: Facilitates efficient logistics and operations
    • Concrete Storage Yard: Offers secure outdoor storage space
    • Robust Power Supply: Supports demanding industrial equipment and processes
    • ESFR Fire Sprinkler System and Fully Conditioned Manufacturing Area: Ensures safety and optimal working environment

    Overview

    The property at 1400 E 66th Avenue is located within Denver’s Central Industrial Submarket. It features I-2 zoning and a renovated two-story office space spanning 6,500 square feet. The property includes a concrete storage yard, a robust power supply, and dock-high and grade-level loading facilities. The manufacturing area is fully conditioned and equipped with an ESFR fire sprinkler system. The property size is 58,525 square feet.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $772.5k $13.20
    − Vacancy −$61.0k −$1.04
    EGI $711.5k $12.16
    − OpEx −$106.7k −$1.82
    NOI $604.8k $10.33
    58,525 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $8.64M
    $7.56M – $10.08M (±1% cap)
    NOI $604,775 @ 7.0% cap · market cap 6.08%
    Second Best
    Industrial
    $7.10M
    $6.21M – $8.28M (±1% cap)
    NOI $497,077 @ 7.0% cap · market cap 5.00%
    Theoretical Best
    Office A
    $18.63M
    $16.30M – $21.74M (±1% cap)
    NOI $1,304,143 @ 7.0% cap · market cap 13.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Altman Lighting Marketing & Advertising Apollo Energy Solar Energy Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -104.97
    Latitude
    39.8159

    FAQs

    What type of property is this?
    Manufacturing property - Industrial property in Denver's Central Industrial Submarket with renovated office space.
    Where is this manufacturing property located?
    The property is located at 1400 E 66th Ave Denver, CO.
    What is the asking price?
    The asking price for this property is $9,950,000.
    What are key features of this property?
    This property features: I‑2 Zoning: Suitable for a wide range of industrial uses; Fully Renovated 6,500 SF Two‑Story Office Space: Provides modern and functional administrative areas; Dock‑High and Grade‑Level Loading: Facilitates efficient logistics and operations
    (303) 292-3700 Call to check price and availability
    More about this property
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