4750 Nome St Denver, CO 80239
- Warehouses
- 38,194 SF
- 1.58 lot acres
Current Use by Public Records
- K2 Spice Paper Sheets / Aromatherapy Supply Store
- Batch Signature Extracts / Cannabis Store
- Medicine Man / Cannabis Store
Property Details for 4750 Nome St
- Year built
- 1974
- Lot size
- 1.58 lot acres
- Property size
- 38,194 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 38,194-square-foot warehouse located at 4750-4760 Nome St, Denver, CO 80239. The property boasts a strong 9.07% cap rate and a substantial net operating income (NOI) of $952,536. Built in 1974 and situated on a 1.58-acre lot, the warehouse is zoned I-A. Currently 100% occupied under an absolute NNN lease with a corporate guarantee, providing significant security and stability. The lease features annual rent bumps and includes two five-year renewal options, extending the investment horizon. The asking price is $10,500,000, translating to a price per square foot of $274.91. The current lease term has six years remaining. This is a rare opportunity to acquire a high-performing, net-leased industrial asset in a prime Denver location. The property's strong tenant, a publicly traded company, ensures consistent cash flow and long-term value appreciation. This investment is ideal for those seeking a secure, high-yield addition to their portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.852
- Latitude
- 39.7835
