10963 Leroy DR, Northglenn, CO 80233 - MLS#4607943 - Bill Crouch

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Bill Crouch

billcrouchrealty@gmail.com +1(940) 867-8265

$4,500,000

Est. payment - /mo

2.07 Acres Lot

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UPDATED:

01/21/2025 05:55 PM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4607943

HOA Y/N No

Originating Board recolorado

Year Built 1998

Annual Tax Amount $119,331

Tax Year 2023

Lot Size 2.070 Acres

Acres 2.07

Property Sub-Type Industrial

Property Description

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado (“Property”). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents a mark-to-market opportunity for investors with significant potential for rent increases. The Property is currently fully leased to a tenant with 2.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property's appeal. This investment offers a unique opportunity to acquire a stable, cash-flowing asset in an irreplaceable location with the near-term ability to adjust rents to market.

More details can be found: https://platform.reverecre.com/project/286f653c-881e-4280-9a38-95b00a9bf4db#overview

Location

State CO

County Adams

Zoning IN, Industrial

Interior

Fireplace N

Exterior

Parking Features Asphalt, Concrete

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Total Parking Spaces 58

Garage No

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional, Price TBD

Listing Terms Cash, Conventional, Price TBD

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Listed by Kenai Capital Advisors LLC • jsherwood@kenaicap.com,303-242-7709

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Bill Crouch

+1(940) 867-8265

Agent - Wichita Falls Team Lead | License ID: 493718

Agent - Wichita Falls Team Lead License ID: 493718

10963 Leroy DR Northglenn, CO 80233

Bill Crouch

Key Details

Location

Interior

Exterior

Building

Others

Get More Information