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For Sale465 Days
$4,500,000

10963 Leroy Drive
Northglenn, CO 80233

Commercial For Sale
30,000 Sq. Ft.
2.07 Acre Lot
Kenai Capital Advisors LLC

Description for 10963 Leroy Drive, Northglenn, CO 80233

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

Property Details

Listing Details
For Sale
Commercial
Industrial
For Sale
REC4607943
$4,500,000
07/23/2024
30,000 Sqft
1998
$4,500,000
$4,500,000
REC55042289
Single Family
58
Location Information
US
CO
Adams
Northglenn
80233
Leroy
10963
Drive
W105° 2' 8.1''
N39° 53' 41''
Garage/Parking
Concrete,Asphalt
Interior Features
Phase 3
Exterior Features
No
No
Land Info
2.07 Acre
Nw
IN, Industrial
R0116055
Monthly
Commercial,Industrial,Warehouse,Manufacturing
Paved
Utilities
Public Sewer
HOA Info
1
Monthly
1
No
Rental Info
Monthly
Tax Info
SUB:TALA/YORK FILING NO 1 REPLAT LOT:1
$119,331
2023
Listing Information
Kenai Capital Advisors LLC
Jules Sherwood
RECKCA63
Recolorado
$4,500,000
07/23/2024 21:50:17
Natural Gas Connected,Electricity Connected,Phone Connected
Public

Price History

Source: MLS
DateEventPriceSource
2024-07-23 20:55:58For Sale$4,500,000MLS
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4

Bike Score

7

Transit Score

3

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Courtesy of Kenai Capital Advisors LLC
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