Multi-Tenant Warehouse-Industrial
3535 S Irving St Englewood, CO 80110
For Sale
Contact for pricing
Warehouse-manufacturing property with month-to-month tenancy and additional parking, offering visibility from Highway 285.
Property Size35,624 SF
Price / SF$109.48
Days on Market1106
Property Features for 3535 S Irving St
General Information
Standard status
Active
Size
35,624 SF
Property subtype
INDUSTRIAL
Listing Agency:
Madison Commercial Properties
(303) 720-2848
Listed By:
Brian Chimileski
(303) 720-2848
Source:
Moodyscre
Added: Jul 20, 2023
Changed: Jul 29
Last Checked: Jul 29 at 2:15AM
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
Investment Insights
Based on property information with market context.
This Sheridan-based warehouse/manufacturing property is offered for sale as a multi-tenant building. The current structure includes tenants under two month-to-month agreements, with one tenant scheduled to vacate in May of 2024. Additional parking is available to support day-to-day operations.
The property is located in Southwest Denver off Hampden and provides easy access to many areas of the Denver MSA. It also has visibility from Highway 285 and is located within an Opportunity Zone.
For buyers seeking an industrial asset with existing occupancy and near-term change in tenant status, this property combines practical warehouse-manufacturing space with straightforward access and strong highway visibility.
The property is located in Southwest Denver off Hampden and provides easy access to many areas of the Denver MSA. It also has visibility from Highway 285 and is located within an Opportunity Zone.
For buyers seeking an industrial asset with existing occupancy and near-term change in tenant status, this property combines practical warehouse-manufacturing space with straightforward access and strong highway visibility.
Key Highlights
- Sheridan‑based warehouse/manufacturing property in southwest Denver off Hampden
- Multi‑tenant building with two month‑to‑month agreements; one tenant scheduled to vacate in May 2024
- Easy access to many areas of the Denver MSA
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
NOI $324,699 @ 7.0% cap · market cap 8.33%
Second Best
Industrial
$3.82M
$3.34M – $4.46M
NOI $267,399 @ 7.0% cap · market cap 6.86%
Theoretical Best
Multifamily LT 5
$528.90M
$462.79M – $617.05M
NOI $37,023,181 @ 7.0% cap · market cap 949.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- A Storage Place — 3615 S Bryant St, Englewood, CO 80110
- Sheridan RV Storage — 3575 S Clay St, Englewood, CO 80110
- A Discount Storage — 3801 S Clay St, Englewood, CO 80110
- Sher-Wood Storage — 3701 S Clay St, Englewood, CO 80110
- CubeSmart Self Storage — 4120 S Federal Blvd, Englewood, CO 80110
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse-manufacturing property with month-to-month tenancy and additional parking, offering visibility from Highway 285.
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: Sheridan‑based warehouse/manufacturing property in southwest Denver off Hampden; Multi‑tenant building with two month‑to‑month agreements; one tenant scheduled to vacate in May 2024; Easy access to many areas of the Denver MSA
