5612-5618 Newland Way - Manufacturing FOR SALE


Arvada, CO 80002
$1,195,000 USD
303-905-5888
5612-5618 Newland Way, Arvada, CO for Sale
$1,195,000 USD
Manufacturing - FOR SALE
1/15
null | 7.38% Cap Rate

5612-5618 Newland Way
Arvada, CO 80002


HIGHLIGHTS

  • Tight small bay industrial market
  • Three units could be demised into four units
  • Drive in loading for all of the units
  • Small fenced storage in the rear of the property
  • Additional storage on the south side of the building
  • Roof replaced in 2020 | New electrical panels in 2022

OVERVIEW

Unique Properties, Inc is pleased to present to qualified buyers the opportunity to purchase 5612 Newland Way in Arvada, Colorado. The property is a 6,000 SF light industrial property. Currently the property is 3 units, but an owner could easily demise the property into 4 units, as it originally was 4 units. Small industrial units between 1,000 - 3,000 square feet are very sought after as the vacancy is lower than the average for industrial properties. This is a great opportunity for a user or investor to add value and bring these units closer to market rents.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

7.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

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

CLEAR CEILING HT

9 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,576

ZONING

IL

APN/PARCEL ID

39-123-00-083

ASK ABOUT THIS PROPERTY

Marc LippittUnique Properties, Inc.More Info
303-905-5888

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Marc LippittUnique Properties, Inc.More Info
303-905-5888

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