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29490141

3870 Elm St, Denver, CO 80207

SS
CO CO FA.040016442
Colliers - Denver, Colorado
TR
CO FA.100029794
Colliers - Denver, Colorado
Listed by Colliers - Denver, Colorado
$2,350,000
751 days on market
Updated 33 days ago
Opportunity zone

3870-3880 Elm Street

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 14,500
Net Rentable (SqFt) 14,500
Units 2
NOI $93,900
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Options None
Broker Co-Op Yes
Class C
Year Built 1961
Buildings 1
Stories 1
Acreage 0.520
Zoning I-MX-3
Investment Type Owner/User
Tenant Credit No Credit Rating
Ceiling Height 12'
Loading Docks 1
Dock High Doors 5

6,000 SF Leased 25% below market through March 2025; 8,500 SF Leased 20% below market on a MTM basis

Marketing description

For Sale

Investment highlights

  • Floor drains in warehouse
  • Multi-tenant capable
  • Dock platform in yard
  • Owner may carry financing
  • Clear Height: 12’
  • Power: 800 Amps (TBV)+
  • Zoning: I-MX-3
  • Yard: 2,500 SF Fenced Yard
  • Loading: One (1) Drive-In (8’ x 9’)
  • One (1) Drive-In (12’ x 10’) and
  • Two (2) Drive-Ins (9’ x 9’)
  • One (1) Dock High Platform with Ramp

Listing Contacts

SS
CO CO FA.040016442
Colliers - Denver, Colorado
TR
CO FA.100029794
Colliers - Denver, Colorado
Listed by Colliers - Denver, Colorado

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$93,900.00
$7,825.00/mo

Valuation Metrics

0
DSCR
4%
Cap Rate
4%
ROI

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Additional Information

Name
Steve Serenyi
License
CO FA.040016442
Brokerage
Colliers
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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