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5959 E 39th Ave
54,210 SF Vacant Industrial Building Denver, CO 80207 $6,500,000 ($120/SF)
Executive Summary
• Entire building for Sale or 40,067 SF for Lease
• Owner/User can occupy 40,067 SF (comprised of 4,000 +/- SF office space and 36,067 SF warehouse) and collect rent from tenant in 14,143 SF
• Excellent location on 39th Avenue and Holly Street
• Heavy HVAC with 40+ RTU’s
• Strong area demographics
• Close proximity to I-70
Property Facts
| Price | $6,500,000 | No. Stories | 1 |
| Price Per SF | $120 | Year Built/Renovated | 1967/2014 |
| Sale Type | Investment or Owner User | Parking Ratio | 0.55/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 17 FT 6 IN |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 9 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.85 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 54,210 SF |
| Price | $6,500,000 |
| Price Per SF | $120 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.85 AC |
| Rentable Building Area | 54,210 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1967/2014 |
| Parking Ratio | 0.55/1,000 SF |
| Clear Ceiling Height | 17 FT 6 IN |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
• Owner/User or Investor Opportunity • Entire building for Sale or 40,067 SF for Lease • Owner/User can occupy 40,067 SF (comprised of 4,000 +/- SF office space and 36,067 SF warehouse) and collect rent from tenant in additional 14,143 SF space • Investor could achieve a 7.5% cap rate by leasing the vacancy at $11/sf NNN • Strong area demographics
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 40,067 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 40,067 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 40,067 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
• Owner/User or Investor Opportunity • Entire building for Sale or 40,067 SF for Lease • Owner/User can occupy 40,067 SF (comprised of 4,000 +/- SF office space and 36,067 SF warehouse) and collect rent from tenant in additional 14,143 SF space • Investor could achieve a 7.5% cap rate by leasing the vacancy at $11/sf NNN • Strong area demographics
PROPERTY TAXES
| Parcel Number | 1203-00-088 | Improvements Assessment | $1,412,240 |
| Land Assessment | $329,280 | Total Assessment | $1,741,520 |
PROPERTY TAXES
zoning
| Zoning Code | I-A |
| I-A |
-
Jake Malman -
Dan Prevedel -
Malman Commercial Real Estate
Presented by
5959 E 39th Ave
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