12005 E 37th Avenue

Denver, CO 80239
Square Ft.
19,344
$3,500,000
**Exceptional Investment Opportunity in Prime Location - 6.1% Cap Rate, Absolute NNN** Presenting a rare chance to acquire a 19,000+ sf commercial industrial property in a high-growth market area. This one-story whole building is currently operating on an absolute NNN lease, boasting a compelling cap rate of 6.1%. This 37,000+Read MoreRead Less
Market LogoCourtesy of The Creed Group 720-365-7174
Listing Snapshot
Days Online
65
Last Updated
Property Type
Industrial
Square Ft.
19,344
Lot Size
0.86 Acres
Year Built
1996
MLS Number
6301990
30 Days Snapshot Of 80239
$465k
+5%
(avg) sold price
17
-10%
homes sold
54
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: "Concrete", Effective Year Built: 2012, Occupant Type: Tenant (Single), Stories: 1, Total Area: 19344, Unit Count: 0, Built in 1996
Disclosures
Exclusions: TBD
Doors
Door Dimensions: East Side: 2 Doors. West Side: 1 Door. 3rd door has been covered but can be re-opened. Full size height doors, dock height. Drive-in/rollup., Features: "Dock Door(s)", "Drive In Door(s)", Number Of Doors: 3
Expenses
Operating Expense: $0, Projected Annual Expense: $0
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 220935.00, Gross Income: $220,935, Projected Annual Net Income: $220,935, Projected Gross Income: $220,935
Lot
Acres: 0.86, Area: 37657, Parcel Number: 434929000, Square Feet: 37657
Energy Saving
Green Verification Count: 0
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 0
Property
Current Use: "Industrial", Property Sub Type: Industrial, Zoning: I-B, UO-2
Roof
Roof: "Membrane"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 0, Legal Description: UPLAND WEST FLG NO 2 BLK 1 L1 & T3 R67 S26 NE/4 PT DAF BEGNW COR L1 E 187.23FT S 57.56FT E 32.34FT S 134.61FT NWLY367.75FT NLY ALG CV/R TO W LI L1 N 170.4FT TO POB, Tax Year: 2023
Tenant Pays
Tenant Count: 1
Utilities
Power Production Count: 0, Water Included, Water Source: "Public"
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