Ignite FB Tracking Pixel10963 Leroy Drive, Northglenn, CO 80233 - Candace Stengel
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listing
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Single FamilyFor Sale
$4,500,000
10963 Leroy Drive
Northglenn, CO 80233
Listed by: Kenai Capital Advisors LLC, 303-242-7709
MLS: REcolorado
30,000Sq Ft
Est. Mortgage
$23,328/mo

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

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Information courtesy of Kenai Capital Advisors LLC is subject to verification and is not guaranteed.
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