Licensed Cannabis Industrial
5775 E 39th Ave Denver, CO 80207
For Sale
Contact for pricing
Industrial facility converted for licensed cannabis cultivation on 0.88 acres, with a stabilized tenant and available extension discussions.
Property Size25,014 SF
Lot Size0.88 Acres
Price / SF$175.90
Days on Market83
Property Features for 5775 E 39th Ave
General Information
- Standard status
- Active
- Size
- 25,014 SF
- Lot size
- 0.88 Acres
- Property subtype
- Special Purpose
Listing Agency:
Centennial Real Estate Partner
Listed By:
John Stefano · License #ER.100097333
Source:
Crexi
Added: May 5
Changed: Jul 23
Last Checked: Jul 26 at 4:15PM
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 Centennial Real Estate Partner
Investment Insights
Based on property information with market context.
This offering includes a 25,014-square-foot industrial facility on 0.88 acres, fully converted into a licensed cannabis cultivation property. The asset is being presented with in-place cash flow from a stabilized cultivation tenant with more than nine years of operating history. Ownership is open to lease extension discussions, with the tenant willing to extend the term five years or longer, subject to mutually agreed rent adjustments.
Located in Denver’s Park Hill neighborhood, the property is approximately a half-mile from Interstate 70, providing immediate access to a primary logistics corridor. The facility is also less than one mile from the Central Business District.
The offering is presented with an 11.7% cap rate and a 13.7% cash-on-cash return. Seller financing is negotiable, and co-broker and referral participation starting at $50,000+ is negotiable. Please contact the listing broker for additional information and to discuss the opportunity.
Located in Denver’s Park Hill neighborhood, the property is approximately a half-mile from Interstate 70, providing immediate access to a primary logistics corridor. The facility is also less than one mile from the Central Business District.
The offering is presented with an 11.7% cap rate and a 13.7% cash-on-cash return. Seller financing is negotiable, and co-broker and referral participation starting at $50,000+ is negotiable. Please contact the listing broker for additional information and to discuss the opportunity.
Key Highlights
- 25,014 SF industrial facility converted to a licensed cannabis cultivation property
- 0.88‑acre site in Denver’s Park Hill neighborhood
- Stabilized cannabis cultivation tenant with 9+ years of operating history
Property Analytics
Location Intelligence
Current Use by Public Records
Cannabis Properties
FAQs
What type of property is this?
Cannabis property - Industrial facility converted for licensed cannabis cultivation on 0.88 acres, with a stabilized tenant and available extension discussions.
Where is this cannabis property located?
The property is located at 5775 E 39th Ave Denver, CO.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 25,014 SF industrial facility converted to a licensed cannabis cultivation property; 0.88‑acre site in Denver’s Park Hill neighborhood; Stabilized cannabis cultivation tenant with 9+ years of operating history
