375 Yuma St Denver, CO 80223
- Warehouses
- 4,003 SF
- 0.13 lot acres
Current Use by Public Records
- Warehouses
Property Details for 375 Yuma St
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 4,003 SF
- Zone code
- I-A
- Property type
- Warehouses
- APN
- 05093-05-007-000
- APU
- 509305007000
Description
This exceptional investment opportunity presents a 4,003-square-foot industrial property located at 375 Yuma Street in Denver, Colorado, 80223. The property, built in 1936 and zoned I-A (Denver), sits on a 5,712-square-foot lot. Currently operating as a single-tenant, net-leased (NNN) distribution/warehouse, it boasts 100% occupancy with a lease term extending until July 31, 2025, commencing August 1, 2024. The building features a 14-foot ceiling height, one loading dock, and minimal office space with two restrooms. The long-term tenant, occupying the space since 2009, ensures a stable income stream. This property offers a compelling 6.46% cap rate at an asking price of $925,000. Its functional design and prime Denver location make it an ideal investment for those seeking a stable, single-tenant net lease property with a strong return. The property's convenient access and established tenancy make it a low-maintenance, high-yield investment opportunity. This rare find in the Denver market presents a unique chance to acquire a well-maintained, income-producing asset with a proven track record. The property's size and features make it suitable for a variety of small business users.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -105.015
- Latitude
- 39.7217
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
