12425 54th Dr Arvada, CO 80002-1920
- Industrial properties
- 26,033 SF
- 1.29 lot acres
Jan 25, 2021
Current Use by Public Records
- Hestra Gloves / Warehouse
Property Details for 12425 54th Dr
- Year built
- 2019
- Lot size
- 1.29 lot acres
- Property size
- 26,033 SF
- Property type
- Industrial properties
- APN
- 39-172-02-007
- APU
- 3917202007
Description
This exceptional fee-simple industrial warehouse property, located at 12425 W 54th Dr, Arvada, CO 80002, offers a compelling investment opportunity. The 26,434 square foot Class B warehouse, built in 2019, sits on a 1.29-acre lot and boasts a 26-foot ceiling height, two loading docks, and 800 amps of heavy power. Currently 100% occupied by a single tenant under a triple-net (NNN) lease, the property generates a strong NOI of $403,330, representing a 6.12% cap rate and a pro-forma cap rate of 6.30%. The asking price is $6,595,000, translating to $249.49 per square foot. The property benefits from its strategic location, just one mile north of Interstate 70, at the intersection of Ward Road and West 54th Drive, within a tight submarket with low vacancy. Additional features include approximately 2,648 square feet of basement storage. The building is approved for Federal Trade Zone designation and includes required surveillance equipment. This property presents a rare chance to acquire a high-quality, well-located industrial asset with significant upside potential in a desirable Colorado Enterprise Zone. The light industrial zoning allows for flexibility in future uses.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,640,000
- ML approach
- $2,030,000
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Location Insight
- Map
- Local Demand
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.139
- Latitude
- 39.7946
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA