CO > Northglenn
Northglenn, CO 80233,10963 Leroy DR
Northglenn, CO 80233,10963 Leroy DR
Northglenn, CO 80233,10963 Leroy DR
Northglenn, CO 80233,10963 Leroy DR
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James Hund

James Hund

+1(720) 738-6721
$ 4,500,000
Est. payment | /mo

2.07 Acres Lot

Save
$ 4,500,000
Est. payment | /mo
Save

2.07 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4607943

HOA Y/N No

Originating Board recolorado

Year Built 1998

Annual Tax Amount $119,331

Tax Year 2023

Lot Size 2.070 Acres

Acres 2.07

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

Location

State CO

County Adams

Zoning IN, Industrial

Interior

Fireplace N

Exterior

Garage Asphalt, Concrete

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Parking Type Asphalt, Concrete

Total Parking Spaces 58

Garage No

Building

Story 1

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, Price TBD

Listing Terms Cash, Conventional, Price TBD

REColorado (REColorado MLS)
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Kenai Capital Advisors LLC • jsherwood@kenaicap.com,303-242-7709
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(720) 738-6721

james.hund@exprealty.com

Denver, CO

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10963 Leroy DR