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    Denver Warehouse/Manufacturing Property For Sale Title is generated by Realmo AI

    3535 S Irving St, Englewood, CO

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    Warehouse/manufacturing property in Southwest Denver with highway visibility.

    Type:OFFICE
    Property size:
    35,624 SF
    Lot size:
    1.57 Acres
    Price / SF:
    $109/SF
    Added:
    Jul 20, 2023
    Days on Market:
    1061
    Last Refresh:
    May 20 at 9:25 pm

    Property Features for 3535 S Irving St

    General Information

    Standard status
    Active
    Size
    35,624 SF
    Lot size
    1.57 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 3535 S Irving St Contact us

    We can help!

    Listing Contact
    Brian Chimileski
    Brian Chimileski

    Listing agent Brian Chimileski

    Listing office Madison Commercial Properties

    Listing date Jul 20, 2023

    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 Madison Commercial Properties

    HighLights

    • Great visibility from Highway 285
    • Located in an Opportunity Zone
    • Easy access to many areas of the Denver MSA
    • Warehouse/manufacturing property
    • Additional parking available
    • Multi tenant building

    Overview

    This warehouse and manufacturing property is located in Southwest Denver, near Hampden, and offers convenient access to various parts of the Denver Metropolitan Statistical Area. The property benefits from high visibility from Highway 285 and is situated within an Opportunity Zone. The building is currently occupied by multiple tenants, with two month-to-month agreements in place. One tenant is scheduled to vacate in May of 2024. Additional parking is available. The property has a size of 35,624 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 $412.5k $11.58
    − Vacancy −$30.5k −$0.86
    EGI $382.0k $10.72
    − OpEx −$57.3k −$1.61
    NOI $324.7k $9.11
    35,624 SF · lease $11.58/SF/yr · vacancy 7.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.64M
    $4.06M – $5.41M (±1% cap)
    NOI $324,699 @ 7.0% cap · market cap 8.33%
    Second Best
    Industrial
    $3.82M
    $3.34M – $4.46M (±1% cap)
    NOI $267,399 @ 7.0% cap · market cap 6.86%
    Theoretical Best
    Multifamily LT 5
    $528.90M
    $462.79M – $617.05M (±1% cap)
    NOI $37,023,181 @ 7.0% cap · market cap 949.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tice Electric, LLC Electrical Service Harvest Guitars (Bike/Boat/Book/etc) Store Familya Church US Ice Fishing ... Fishing Club Curbside Skatepark (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • StorQuest RV & Boat Storage — 4900 S Decatur St, Englewood, CO 80123
    • Centennial Storage Ltd — 2709 W Belleview Ave, Littleton, CO 80123
    • Storquest — 2904 W Chenango Ave, Englewood, CO 80110
    • Lot JJ — Englewood, CO 80110
    • Affordable Moving & Storage — 2777 W Belleview Ave, Littleton, CO 80123

    Location Insight

    • Map
    • Local Demand
    City
    Englewood
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.03
    Latitude
    39.652

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    FAQs

    What type of property is this?
    Warehouse - Warehouse/manufacturing property in Southwest Denver with highway visibility.
    Where is this warehouse located?
    The property is located at 3535 S Irving St Englewood, CO.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Great visibility from Highway 285; Located in an Opportunity Zone; Easy access to many areas of the Denver MSA
    (303) 720-2848 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Chimileski
    Brian Chimileski
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