10963 Leroy Drive, Northglenn, CO

$4,500,000

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30,000

Square feet

2.07

Acres

About 10963 Leroy Drive

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

Features of 10963 Leroy Drive

MLS® # 4607943
Price $4,500,000
Bathrooms 0.00
Square Footage 30,000
Acres 2.07
Year Built 1998
Type Commercial Sale
Sub-Type Industrial
Status Active
Features Drive Indoors

Community Information

Address 10963 Leroy Drive
City Northglenn
County Adams
State CO
Zip Code 80233

Amenities

Utilities Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Features Drive Indoors
Parking Spaces 58
Parking Asphalt, Concrete
Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed July 23rd, 2024
Zoning IN, Industrial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKenai Capital Advisors LLC

Listing Map

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