5550 W 60th Ave - Warehouse FOR SALE


Arvada, CO 80003
$6,999,999 USD
303-407-9781
5550 W 60th Ave, Arvada, CO for Sale
$6,999,999 USD
Warehouse - FOR SALE
1/33
null | 6.64% Cap Rate

5550 W 60th Ave
Arvada, CO 80003


HIGHLIGHTS

  • 100% Occupied Multi-Tenant Industrial Asset For Sale
  • Fully Renovated Trophy Industrial Property
  • 1 Acres +/- Vacant Yard Provides Immediate Upside
  • Industrial Zoning with Outdoor Storage
  • 108kW Rooftop Solar Panels Provide Additional Income
  • Updated Electrical - 2000 Amp, 3 Phase Power

OVERVIEW

Qualified investors have the opportunity to acquire 5550 W 60th Ave, a 30,708 SF, 100% occupied, 3-unit, fully renovated industrial asset. All tenants will be on long term leases, with NNN leases in place for the two larger anchor tenants. The property has been recently updated with new plumbing and electrical, new mechanical units inside and outside, new interior office finishes, flat work, and landscaping. The recent renovation included 100% remediation of all asbestos at the property. There are rooftop solar panels (108 kW) currently generating income for the owner. This asset is in true “turn-key” condition with immaculate high end buildout in the office space. The property has 2000 AMP, 277/480 Volt, 3-Phase power, with 14 foot ceilings in the warehouse portions. With 1 acre +/- of yard and direct access to West 59th Avenue and a recently executed lease for the yard space, this asset is truly 100% occupied with an attractive as-is 6.64 Cap Rate.

FOR SALE DETAILS

PRICE

$6,999,999 USD

PRICE/SF

$228 USD /SF

CAP RATE

6.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.26

LAND SF

142,006

ZONING

IL

APN/PARCEL ID

39-124-00-003

ASK ABOUT THIS PROPERTY

Dallas SandbergPinnacle Real Estate AdvisorsMore Info
303-407-9781

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Dallas SandbergPinnacle Real Estate AdvisorsMore Info
303-407-9781

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