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4701 Colorado BlvdDenver, CO 80216
4701 Colorado
Asset ClassIndustrial
% Leased100%
Lease-Term Remaining: 5 Years% Leased: 100%Square Feet: 27,716Access Data Room
Single Tenant NNN Leased Industrial Facility with Yard
overview of deal

Overview

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 4701 Colorado Boulevard, a 27,716 SF industrial property located in Denver, Colorado (“Property”). The Property is currently leased to one tenant with 5 years of lease term remaining and is strategically situated off Interstate 70 and Colorado Boulevard, used by 200,000 cars daily. Interstate 70 serves as a crucial logistics route through Denver’s major population center, the Rocky Mountains and the great plains. This centrally located infill site offers investors a rare opportunity to acquire a single tenant net leased asset with an outdoor storage yard. Located at 4701 Colorado Boulevard, the facilities and outdoor storage yard with dual street access are a unique combination rarely available for purchase. The remaining lease term provides ample time for investors to harvest cash flow with above market rent escalations. Currently, the property is 100% leased to a nationally known wholesale specialty building product supplier. This highly functional industrial asset offers a unique opportunity to acquire stable cash flowing asset in an irreplaceable location within a supply constrained market.

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Investment Highlights

Exceptional Centralized Location

Located with direct on and off ramp access to I-70, Colorado’s most notable logistics artery, 4701 Colorado Boulevard offers tenants easy access to both east and westbound directions of Interstate 70. Also, 5 minutes west of this location is the I-25 interchange, the 2nd busiest interstate in Colorado. These major freeways provide access to 82% of Colorado’s population located along the front range. The direct access off the interstate provides great visibility and signage options, highly desirable attributes for potential tenants at the Property.

 

Functional Outdoor Storage with Dual Street Access

The pairing of outdoor storage and dual street access is a rare combination in this infill of a location. The Property’s unique east & west dual access enhance the operational efficiency and convenience of the facility allowing trucks & customers to access both sides of the facility. Additionally, the 1-acre area of fenced and secure outdoor storage allows investors to significantly drive market rent with users who require outdoor storage space.

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4701 Colorado BlvdDenver, CO 80216

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Listing provided by Revere CRE