4701 Colorado Blvd Denver, CO 80216-3210
- Warehouses
- 27,716 SF
- 2.18 lot acres
Sep 13, 2024
Current Use by Public Records
- Englewood Winsupply / Plumbing Supply Store
Property Details for 4701 Colorado Blvd
- Year built
- 1963
- Construction
- STEEL FRAME
- Lot size
- 2.18 lot acres
- Property size
- 27,716 SF
- Zone code
- I-A
- Property type
- Warehouses
- APN
- 02241-25-003-000
- APU
- 224125003000
Description
This exceptional Denver industrial property offers a compelling investment opportunity. The 27,716 square foot building, situated on a 2.18-acre lot at 4701 Colorado Blvd, is a single-story, Class B structure built in 1968 and renovated in 2024. Currently 100% occupied by a nationally recognized franchisee, Winsupply, under a net lease agreement with a 3.5% annual rent bump. The property boasts three loading docks, one dock-high door, and a 16-foot ceiling height. Its I-A zoning and convenient location off Interstate 70 and Colorado Boulevard, a major thoroughfare with 200,000 daily vehicles, provide excellent access and visibility. The property features a functional outdoor storage yard with dual street access, a rare combination in this market. The asking price is $5,900,000, representing a 6.58% cap rate and a price per square foot of $212.87. The strong tenant, long-term lease, and strategic location make this a highly desirable investment with significant potential for future appreciation. The property's NOI is $388,024. This is a rare opportunity to acquire a stable, cash-flowing asset in a supply-constrained market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Denver
- State
- Colorado
- Longitude
- -104.942
- Latitude
- 39.782
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA