Denver Industrial Property For
1400 E 66th Ave Denver, CO 80229
1400 E 66th Ave, Denver, CO, 80229
Contact for pricing
For Sale
Contact for pricing
Industrial property with renovated office space and convenient loading facilities.
Property Size58,525 SF
Price / SF$179.41
Days on Market837
Property Features for 1400 E 66th Ave
General Information
- Standard status
- Active
- Size
- 58,525 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1986
Listing Agency
Cushman & Wakefield - Denver, Colorado
(303) 813-6427
Listed by
Drew McManus · License #FA.100016531
Source
Crexi
Added: Apr 3, 2024 Checked: Jul 17 at 6:30 am
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 Cushman & Wakefield - Denver, Colorado
Investment Insights
Based on property information with market context.
The property at 1400 E 66th Avenue is located within Denver’s Central Industrial Submarket. The property is zoned I-2. The building includes a renovated two-story office space spanning 6,500 square feet. The property features a concrete storage yard, a robust power supply, and dock-high and grade-level loading facilities. It is equipped with an ESFR fire sprinkler system and a fully conditioned manufacturing area.
Key Highlights
- I‑2 Zoning ideal for industrial use.
- Fully renovated 6,500 SF two‑story office space.
- Convenient dock‑high and grade‑level loading.
Local Financial Insights For Office B
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 | $1.29M | $21.96 |
| − Vacancy | −$334.2k | −$5.71 |
| EGI | $951.1k | $16.25 |
| − OpEx | −$237.8k | −$4.06 |
| NOI | $713.3k | $12.19 |
58,525 SF · lease $21.96/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.19M
$8.92M – $11.89M
NOI $713,291 @ 7.0% cap · market cap 6.79%
Second Best
Warehouse
$6.68M
$5.84M – $7.79M
NOI $467,326 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$17.77M
$15.54M – $20.73M
NOI $1,243,594 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Altman Lighting
Marketing & Advertising
Apollo Energy
Solar Energy Company
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FAQs
What type of property is this?
Manufacturing property - Industrial property with renovated office space and convenient loading facilities.
Where is this manufacturing property located?
The property is located at 1400 E 66th Ave Denver, CO.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: I‑2 Zoning ideal for industrial use.; Fully renovated 6,500 SF two‑story office space.; Convenient dock‑high and grade‑level loading.
