5335 Xenon St Arvada, CO 80002-1348

Property Details for 5335 Xenon St

Year built

2016

Lot size

1.00 lot acres

Property size

2,474 SF

Property type

Life science properties

APN

39-172-02-061

APU

3917202061

Description

This exceptional investment opportunity presents a single-tenant, 15,975-square-foot flex industrial building situated on a one-acre lot in Arvada, Colorado. The property, located at 5335 Xenon St, 80002, is a 2016-built structure currently leased to Alio Industries under a Net Net Net (NNN) lease. The lease agreement, with a remaining term of five years, includes a favorable 3% annual rent escalation clause and a three-year extension option, providing significant long-term income stability. The current Net Operating Income (NOI) is $324,000, yielding a 6.00% capitalization rate. Pro-forma NOI is projected at $364,664, resulting in a 6.75% pro-forma cap rate. The asking price for this turnkey investment is $5,400,000. Alio Industries, a reputable publicly traded company, occupies the entire building, minimizing vacancy risk. The property benefits from its strategic location, offering convenient access to major transportation arteries including CO-72, CO-58, and I-70. Its proximity to Old Town Arvada provides employees with access to numerous restaurants, shops, and cultural attractions, enhancing employee satisfaction and business success. This property represents a compelling investment opportunity due to its strong tenant, favorable lease terms, and prime location within a low-inventory industrial submarket.