$4,500,000
0 Bed
0 Bath
0 Sqft
2.07 Acre Lot

10963 Leroy Drive, Northglenn, Colorado 80233

  • Commercial Sale Property Type
  • Concrete Cars Garage
  • 1998 Year Built
Property Description

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado (“Property”). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents a mark-to-market opportunity for investors with significant potential for rent increases. The Property is currently fully leased to a tenant with 2.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property’s appeal. This investment offers a unique opportunity to acquire a stable, cash-flowing asset in an irreplaceable location with the near-term ability to adjust rents to market.

More details can be found: https://platform.reverecre.com/project/286f653c-881e-4280-9a38-95b00a9bf4db#overview

Basic Details
Commercial Sale
For Sale
4607943
$4,500,000
0
0
0
0 Sqft
1998
2.07 Acre
Active
Industrial
Features
: Concrete, Asphalt
: Drive Indoors
: Drive In Door(s), Dock Door(s)
Address Map
US
CO
Adams
Northglenn
80233
Leroy
10963
Drive
0
W105° 2' 8.1''
N39° 53' 41''
Additional Information
$0
6.87
$0
$0
: Phase 3
$0
Yes
$0
720-744-2701
90169.2
$0
REcolorado
R0116055
58
23/07/2024 21:00:16
4
Paved
Public Sewer
1
Free Standing
$119,331
2023
$0
$0
10963 Leroy Drive, Northglenn, Colorado 80233
: Electricity Connected, Natural Gas Connected, Phone Connected, Internet Access (wired)
$0
Public
IN, Industrial
Agent info
Adam Sessions
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The data relating to real estate for sale on this website comes in part from the REColorado. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Sessions Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are the best approximations only and exact locations should be independently verified.

The IDX display presents information sourced from Information and Real Estate Services, LLC (IRES). The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. ©2024 Information and Real Estate Services, LLC (IRES) all rights reserved.

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