12198 Ridge Rd - Warehouse FOR SALE


Wheat Ridge, CO 80033
$2,100,000 USD
303-328-2020
12198 Ridge Rd, Wheat Ridge, CO for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/33
null | 6% Cap Rate

12198 Ridge Rd
Wheat Ridge, CO 80033


HIGHLIGHTS

  • Multi-Tenant Industrial w/ Outdoor Storage located off of I-70 and Ward Road
  • I-E, Wheat Ridge Zoning
  • Brand New Pavement in August of 2024
  • Adjacent to Ward Station Light Rail Stop

OVERVIEW

The Kramer Group of Marcus & Millichap is please to present the exclusive listing of 12198 Ridge Road in Wheat Ridge, CO. This 13,541 SF Multitenant industrial and outdoor storage asset consists of three tenants, including a leaseback from the current owner, on shorter term gross leases, offering a new buyer to add value to the property through increased rents over time. The property is conveniently located off of Ward Road and I-70, offering great access to major arteries in the western suburbs. The property was recently repaved in August 2024. The property is located across from the Ward Station light rail stop and the new apartment developments like The Ridge at Ward Station.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12

LAND SF

48,787

ZONING

I-E

APN/PARCEL ID

39-174-06-002

ASK ABOUT THIS PROPERTY

Brandon KramerMarcus & MillichapMore Info
303-328-2020

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Brandon KramerMarcus & MillichapMore Info
303-328-2020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.