Licensed Cannabis Industrial
For Sale
Contact for pricing
5775 E 39th Ave, Denver, CO 80207
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 Market129
Property Features for 5775 E 39th Ave
General Information
Standard status
Active
Size
25,014 SF
Class
B
Lot size
0.88 Acres
Property subtype
Special Purpose
Zoning
I-A
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$516,000
Additional Details
Cap Rate
11.7%
Highway Access
Yes
Building Details
Units
1
Tenancy
Single
Listing Agency:
Centennial Real Estate Partner
Listed By:
John Stefano · License #ER.100097333
Source:
Crexi
Added: May 5
Changed: Aug 16
Last Checked: Sep 10 at 7:18AM
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
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
Median Home Value
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Frequently Asked Questions
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
