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31698753
31698754

3939 Kearney St, Denver, CO 80207 For Sale

GN
FA100093397
Kenai Capital Advisors LLC
Listed by Kenai Capital Advisors LLC
Unpriced
94 days on market
Updated 94 days ago
Opportunity zone

Tolin Mechanical HQ

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 45,583
Net Rentable (SqFt) 45,583
Units 1
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 1959
Year Renovated 2023 & 2026
Buildings 1
Stories 1
Acreage 2.310
Zoning I-A
Parking Spaces 60 spaces
Parking per 1,000 SqFt 1.32
Investment Type Stabilized
Tenant Credit Corporate Guarantee
Ceiling Height 12
Loading Docks 2
Dock High Doors 12
Ownership Private
Sale Condition 1031 exchange

Industrial | 7.00% CAP | 45,583 SqFt

Marketing description

- 45,583 SF full brick masonry building on 2.31 acres

- Originally built 1959; comprehensively renovated 2023 and 2026

- 100% occupied by Tolin Mechanical Systems Company, LLC

- Long-term NNN lease through March 31, 2036 (10 year NNN Lease)

- Tolin is a member of Service Logic, the largest privately held commercial HVAC and mechanical services platform in North America

- Combined landlord/tenant capital investment in the property exceeds $4.1M

- 20-year roof warranty

Investment highlights

- 45,583 SF full brick masonry building on 2.31 acres

- Originally built 1959; comprehensively renovated 2023 and 2026

- 100% occupied by Tolin Mechanical Systems Company, LLC

- Long-term NNN lease through March 31, 2036 (10 year NNN Lease)

- Tolin is a member of Service Logic, the largest privately held commercial HVAC and mechanical services platform in North America

- Combined landlord/tenant capital investment in the property exceeds $4.1M

- 20-year roof warranty

Listing Contacts

GN
FA100093397
Kenai Capital Advisors LLC
Listed by Kenai Capital Advisors LLC

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