10963 Leroy Dr, Northglenn, CO 80233-3615
- Distribution centers
- 30,000 SF
- 2.07 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 10963 Leroy Dr
- Year built
- 1998
- Lot size
- 2.07 lot acres
- Property type
- Distribution centers
- APN
- R0116055
- APU
- R0116055
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 28, 2018 | — | B & B Blending LLC | — | Deed · related | $500k · Guaranty Fed'l S&l |
| Sep 8, 2008 | $1,850,000 | Wax Works LLC | Wachovia Sba Lending INC | Special Warranty Deed | $1.6M · Jpmorgan Chase Bank NA |
| Jun 13, 2008 | — | Sba Lending INC | Public Trustee Of Adams County | Trustees Deed · related | — |
| Mar 11, 2008 | $1,638,775 | J & M York Invs LLC | Public Trustee Of Adams County | Certificate Of Purchase | — |
| Aug 29, 2001 | $1,800,000 | J & M York Investments LLC | T Y I LLC | Grant Deed | $1.6M · Money Store Investment Corp |
| — | — | Wax Works LLC | — | Deed Of Trust · related | $1.6M · J P Morgan Chase Bank |
| — | — | Wax Works LLC | — | Deed Of Trust · related | $1M · Denver Urban Economic Dev Corp |
| — | — | J & M York Investments LLC | — | Deed Of Trust · related | $1.3M · Firstier Bank NA |
| — | — | B & B Blending LLC | — | Deed Of Trust · related | $500k · Guaranty Fed'l S&l |
| — | — | B & B Blending LLC | — | Deed Of Trust · related | $1.2M · Guaranty Fed'l S&l |
Description
This exceptional 30,000-square-foot industrial property, situated on a 2.07-acre lot at 10963 Leroy Drive in Northglenn, Colorado, presents a compelling investment opportunity. The property enjoys a prime location off 104th Avenue and Interstate 25, a major thoroughfare with 154,000 vehicles passing daily. Currently fully leased to a long-term tenant (over a decade of occupancy) with a remaining lease term of two years, this asset offers immediate cash flow and significant upside potential. The tenant recently completed substantial capital improvements and signed a lease renewal, demonstrating commitment and stability. The building features a functional layout and specialized, highly desirable building systems. This infill site in a supply-constrained market provides a rare chance to acquire a single-tenant net-leased asset with the potential for near-term rent increases to market rates. The property's irreplaceable location and strong tenant history make it an exceptional investment for those seeking a stable, cash-flowing asset with significant long-term growth prospects. The asking price is $4,500,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Northglenn
- County
- Adams
- State
- Colorado
- Longitude
- -104.964
- Latitude
- 39.8949
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
