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21774176
21774205

1475 S Acoma St, Denver, CO 80223

PB
CO 100107906
The Henry Group LLC
BW
CO FA.100075124
The Henry Group LLC
PH
CO FA01319334
The Henry Group LLC
Listed by The Henry Group LLC
$7,900,000
476 days on market
Updated 1 day ago

Broadway Self Storage

Details
Property Type Industrial, Self Storage
Sub Type Distribution, Warehouse
Square Footage 66,216
Units 2
NOI $255,929
Price per SqFt $119
Year Built 1975
Year Renovated 2020
Buildings 1
Stories 2
Acreage 1.350
Zoning I-A, UO-2
Parking Spaces 35 spaces
Parking Per SqFt 0.53
Investment Type Owner/User
Ceiling Height 12' to 14.5'
Dock High Doors 2

Owner/User Opportunity w/ Significant Income from Self-Storage Operation

Marketing description

Henry Group Real Estate is pleased to be bringing to market a unique opportunity for an Owner/User or Investor to purchase a very well located industrial asset within south central Denver w/ significant income from the Broadway Station Self Storage operation! This impressive property at 1475 S Acoma St offers a 66,216 SF industrial building with 2 units, perfectly suited for office/warehouse, creative office or flex space. Renovated in 2020, this well-maintained facility features modern upgrades while preserving its solid 1975 construction. Zoned I-A, UO-2, it provides ample flexibility for a range of industrial uses. With its strategic location and versatile layout, this property presents an exceptional chance for industrial investors seeking a high-potential asset in a thriving market.

This property is located in the prime industrial submarket of South Broadway in South Central Denver. It has easy access to major transportation routes. South Broadway is one block away along with I-25 access just 5 minutes to the north and South Santa Fe Drive access 1 minute west. The Broadway Station Light Rail stop is also nearby.

Investment highlights

  • 29,635 SF of high-quality office/warehouse space along South Broadway corridor offering a mix of office and warehouse space with move-in ready finishes, multiple loading doors and heavy power.

  • 2,000 AMPs (3-Phase), 480/277V power distributed throughout the vacant space.

  • Denver infill location with great proximity to South Broadway's retail amenities, South Santa Fe Drive, I-25 & the Broadway Light Rail Station stop.

  • Broadway Station Self Storage business utilizes 55% of the building and is operated by 3rd Party self-storage management company (Argus Self Storage). The self-storage operations are projected to produce ~$250,000 of Net Income in 2025 with opportunities to increase self-storage profits overtime through rent growth and expense reduction.

  • Adjacency to I-MX-5 zoning provides opportunity for long-term redevelopment potential to mixed-use/residential.

Listing Contacts

PB
CO 100107906
The Henry Group LLC
BW
CO FA.100075124
The Henry Group LLC
PH
CO FA01319334
The Henry Group LLC
Listed by The Henry Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$255,929.00
$21,327.42/mo

Valuation Metrics

0
DSCR
3.24%
Cap Rate
3.24%
ROI

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Additional Information

Name
Parker Beasley
License
100107906
Brokerage
Henry Group Real Estate
Brokerage Phone
3036257444
Title
Associate Broker
Brokerage Address
495 South Pearl Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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