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33626545
33626546

6225 East 38th Avenue, Denver, CO 80207

AV
CO 100101759
SM
CO FA100082695
Matthews
Listed by Matthews
$5,660,000
5 days on market
Updated 5 days ago
Opportunity zone

6225 East 38th Avenue

Details
Property Type Industrial
Square Footage 48,484
Cap Rate 6.38%
Remaining Term 5
Year Built 1972
Acreage 2.230
Zoning I-MX-3
Ground Lease No

Mission-Critical Tenant, 30+ Years in Place — Infill Denver NNN Industrial at 6.38% Cap

Investment highlights

• Mission-Critical Tenant – Leased to Hospital Cooperative Laundry, Colorado's largest healthcare laundry provider serving 36 hospitals and 400+ clinics.

• Proven Occupancy History – Tenant has operated from the property for 30+ years.

• Stabilized Investment with Upside – 5+ years remaining with 2 x 5-year renewal options that get reset at fair-market-value.

• Below-Market Rents – In-place rents are approximately 10% below market, creating long-term mark-to-market upside.

• Landlord-Favorable NNN Lease – NNN lease structure with additional tenant responsibilities for select capital items.

• Functional Industrial Facility – ±48,484 SF, with minimal office buildout, 20' clear heights, fenced lot, and 6 dock-high doors.

• Heavy Power – 5,000+ amps | 480v | 3-phase (TBV)

• Recent Roof Investment – Tenant invested $127K into recent roof improvements with a 15-year warranty.

• Prime Infill Denver Location – Immediate access to I-70 / I-25. Less than 15 minutes to Downtown Denver and under 30 minutes to DIA.

Listing Contacts

AV
CO 100101759
SM
CO FA100082695
Matthews
Listed by Matthews

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Zoning

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I-MX-3 MixedMixed UseIndustrial Mixed Use Context District 3
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brayden Conner
License
ER.100106933, EC.100099522 (CO)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
Name
Angelo Vattano
License
100101759
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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