Jones Lang Lasalle Americas, Inc., as exclusive agent for the Seller, is pleased to present the opportunity to acquire the fee simple interest in 600 W Bayaud (the “Property”), a 77K SF, Class B warehouse and distribution facility on 2.82 acres on the western edge of the popular Baker neighborhood in Denver, Colorado.

The Property is less than one half mile from the Alameda and I-25 interchange, in a highly-infill location, and with a population density of 1M people within a 20-minute radius. The Property is 100% leased to Next Level Resource Partners (the “Tenant”), an international third-party logistics provider for household and rapidly-growing consumer product goods brands. With just 2.7 years remaining on the lease and an-place rent that is 35% below market, 600 W Bayaud represents a rare opportunity to take advantage of rent growth and low vacancy (3.6%) in the Central submarket and increase the Property’s NOI either upon lease expiration in 2.7 years or by executing a Landlord termination option (9 months notice) and re-leasing the building at market rents. The Offering also includes an antenna lease to Verizon (432 SF) with 2 years of term remaining, with one remaining five-year option at 120% of current rent.