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    Clear Span Industrial Building Title is generated by Realmo AI

    695 Canosa Ct, Denver, CO 80204

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    Adaptable industrial building with excellent accessibility in a prime location.

    Type:Industrial
    Property size:
    19,860 SF
    Price / SF:
    $176/SF
    Added:
    Sep 30, 2024
    Days on Market:
    628
    Last Refresh:
    May 12 at 9:41 pm

    Property Features for 695 Canosa Ct

    General Information

    Standard status
    Active
    Size
    19,860 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Michael DeSantis
    Michael DeSantis

    Listing agent Michael DeSantis License #CO FA.100053000

    Listing office Unique Properties, Inc

    Listing date Sep 30, 2024

    Source Crexi

    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 Unique Properties, Inc

    HighLights

    • Clear span building with customizable floorplan
    • Excellent building accessibility to major routes
    • High demand infill location
    • Large parking & heavy power
    • Strong masonry build
    • Varying ceiling heights & ability to remove add more warehouse

    Overview

    This 19,860-square-foot industrial building features a clear span design with no load-bearing walls, offering the flexibility to customize the floor plan. The property benefits from excellent accessibility, with quick access to Santa Fe Drive, I-25, and 6th Avenue. The building is of strong masonry construction and includes large parking and heavy power. Varying ceiling heights are present, with the ability to remove and add more warehouse space. This industrial asset is located in an infill location, presenting an owner-user opportunity.

    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 $262.2k $13.20
    − Vacancy −$20.7k −$1.04
    EGI $241.4k $12.16
    − OpEx −$36.2k −$1.82
    NOI $205.2k $10.33
    19,860 SF · lease $13.20/SF/yr · vacancy 7.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $2.93M
    $2.57M – $3.42M (±1% cap)
    NOI $205,226 @ 7.0% cap · market cap 5.86%
    Second Best
    Industrial
    $2.41M
    $2.11M – $2.81M (±1% cap)
    NOI $168,679 @ 7.0% cap · market cap 4.82%
    Theoretical Best
    Office A
    $6.32M
    $5.53M – $7.38M (±1% cap)
    NOI $442,551 @ 7.0% cap · market cap 12.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LimoCare Freight Service Stadium Medical Inc Ambulance Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Mobile Mini — Denver, CO 80219
    • Denver Monthly Parking — 2500 W 4th Ave Unit #3, Denver, CO 80219
    • Aaron Storage Facility — 2590 W 2nd Ave, Denver, CO 80219
    • Kenco — Denver, CO 80219
    • Empire Moving and Storage Inc. — 2500 W 4th Ave #7, Denver, CO 80219

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Arapahoe
    State
    Colorado
    Longitude
    -105.019556
    Latitude
    39.7041109

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    FAQs

    What type of property is this?
    Warehouse - Adaptable industrial building with excellent accessibility in a prime location.
    Where is this warehouse located?
    The property is located at 695 Canosa Ct Denver, CO.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Clear span building with customizable floorplan; Excellent building accessibility to major routes; High demand infill location
    (303) 900-5742 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael DeSantis
    Michael DeSantis
    Real Estate License ID: CO FA.100053000
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