5550 60Th Ave Arvada, CO 80003

Property Details for 5550 60Th Ave

Year built

1968

Construction

STEEL FRAME

Lot size

3.26 lot acres

Property size

22,465 SF

Property type

Warehouses

APN

39-124-00-003

APU

3912400003

Description

This exceptional investment opportunity presents a fully occupied, multi-tenant industrial warehouse located at 5550 W 60th Ave, Arvada, CO 80003. The 30,708 square foot Class B property, built in 1968 and extensively renovated in 2022, boasts 100% occupancy across three units with four tenants. The Net Lease (NNN) structure provides a stable income stream, currently generating a 6.64% cap rate and a Net Operating Income (NOI) of $464,920. The asking price is $6,999,999, translating to $227.95 per square foot. Recent renovations included new plumbing and electrical systems, updated mechanical units, interior office finishes, landscaping, and complete asbestos remediation. The property features 12-14 foot ceilings, a 2000 AMP, 277/480 Volt, 3-phase power system, one dock-high door, one loading dock area, and one overhead drive-in door. Additional features include a 108 kW rooftop solar panel system generating supplemental income, a fully fenced yard with security gate and cameras, and ample outdoor storage space on the 3.26-acre lot. The property benefits from its strategic location with immediate access to major transportation arteries, including the Sheridan/I-76 interchange, providing easy access to I-70 and I-25. The light industrial zoning allows for versatile usage. This turnkey asset offers a compelling combination of strong cash flow, modern amenities, and significant upside potential.

Location Insight

City

Arvada

County

Jefferson

State

Colorado

Longitude

-105.057

Latitude

39.8045

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments