Connect

10963 Leroy Drive, Northglenn, CO – $4,500,000

  • $4.5M Price
  • 30,000 Sqft
  • 2.07 Acres
  • $4.5M Price
  • 30,000 Sqft
  • 2.07 Acres

New Search X

10963 Leroy Drive

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado (“Property”). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents a mark-to-market opportunity for investors with significant potential for rent increases. The Property is currently fully leased to a tenant with 2.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property’s appeal. This investment offers a unique opportunity to acquire a stable, cash-flowing asset in an irreplaceable location with the near-term ability to adjust rents to market. More details can be found: https://platform.reverecre.com/project/286f653c-881e-4280-9a38-95b00a9bf4db#overview

Listing Office: Kenai Capital Advisors LLC

Essential Information

  • MLS® #4607943
  • Price$4,500,000
  • Bathrooms0.00
  • Square Footage30,000
  • Acres2.07
  • Year Built1998
  • TypeCommercial Sale
  • Sub-TypeIndustrial
  • StatusActive
  • FeaturesDrive Indoors

Community Information

  • Address10963 Leroy Drive
  • CityNorthglenn
  • CountyAdams
  • StateCO
  • Zip Code80233

Amenities

  • Parking Spaces58
  • ParkingAsphalt, Concrete

Utilities

Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Additional Information

  • Date ListedJuly 23rd, 2024
  • ZoningIN, Industrial

Listing Details

  • Kenai Capital Advisors LLC

Office Contact

jsherwood@kenaicap.com,303-242-7709

Please provide a valid email address.

Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2024 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on November 23rd, 2024 at 5:18am MST.