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)
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.