Industrial Property on 0.35
For Sale
Contact for pricing
Pending
1400 S Lipan St, Denver, CO 80223
Single-tenant industrial asset with lease expiring December 2026.
Property Size6,160 SF
Lot Size0.35 Acres
Days on Market246
Property Features for 1400 S Lipan St
General Information
Standard status
Pending
Size
6,160 SF
Class
C
Lot size
0.35 Acres
Property subtype
Industrial
Zoning
I-MX-3
Occupancy
100%
Lease Type
NNN
Building Details
Year Built
1947
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Denver
Listed By:
Thimy Moraitis · License #CO 100088159
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 8 at 3:17PM
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 Marcus & Millichap - Denver
Investment Insights
Based on property information with market context.
The property is a 6,160-square-foot single-tenant industrial asset situated on 0.35 acres of land. Constructed with metal and masonry, the building features 14-foot clear heights suitable for various industrial operations. It includes ample parking and one dock-high door to facilitate efficient loading and unloading. The property also features TPO roofing, offering durability and resistance to extreme weather conditions. The current lease is set to expire in December 2026, presenting an opportunity for owner-users or investors to lease up the property. The design and construction make it an ideal location for a variety of industrial activities.
Key Highlights
- 6,160‑square‑foot industrial asset on 0.35 acres
- Metal and masonry construction with 14‑foot clear heights
- Ample parking**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,319
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,380
$1.0M
Cap Rate 7%
$747,414
$747.4K
Cap Rate 9%
$581,322
$581.3K
Market Conditions
NOI Build-Up for 6,160 SF
Gross rent
$81.3K $13.20/SF
− Vacancy
−$6.6K −$1.07/SF
EGI
$74.7K $12.13/SF
− OpEx
−$22.4K −$3.64/SF
NOI
$52.3K $8.49/SF
Area
Denver, CO
Vacancy
8.08%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,046,380
Cap Rate 7%
$747,414
Cap Rate 9%
$581,322
Alternative Uses
Best Use
Industrial
$747.4K
$654.0K – $872.0K
NOI $52,319 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.72M – $2.29M
NOI $137,266 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Denver, CO
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Frequently Asked Questions
What type of property is this?
Industrial property - Single-tenant industrial asset with lease expiring December 2026.
Where is this industrial property located?
The property is located at 1400 S Lipan St Denver, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6,160‑square‑foot industrial asset on 0.35 acres; Metal and masonry construction with **14‑foot clear heights**; Ample parking**
