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Denver, CO

1440 South Lipan Street

Address:
1440 South Lipan Street, Denver, CO 80223
Property Type:
Single Tenant
Price:
$4,000,000
Cap Rate:
9.32% cap
NOI:
$372,792
Square Feet:
30,888 sqft
Lot Size:
1.18 Acres
Price Per Square Foot:
$129.50
Year Built:
1964/2006
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Investment Highlights

Investment Highlights

Investment Highlights

  • Single-Tenant 30,888-Square-Foot Industrial Asset Situated on 1.18 Acres
  • Features Metal/Masonry Construction, 16′ Clear Heights, Two Dock-High Doors, & Ample Parking
  • Located Along BNSF Rail Line with Close Proximity to I-25, 4.7 Miles South of Downtown Denver
  • Delivered in Multiple Phases with Current Lease Expiring December 2026, Creating Owner-User or Multi-Tenant Redevelopment Opportunity
  • Strategically Positioned in Enterprise Zone, Creating Tax Incentives
  • Situated in Upper South Central Submarket: 8.0% Vacancy Rate, -2.8% Rent Growth, & No Industrial Construction

Investment Overview

The property is a single-tenant industrial asset that spans 30,888 square feet, situated on a 1.18-acre land. It features metal and masonry construction, with 16-foot clear heights, two dock-high doors, and ample parking space. The property’s design and layout provide an ideal setup for industrial operations, with sufficient room for storage, manufacturing, or distribution activities. Its location along the BNSF rail line offers convenient access to transportation networks, facilitating the movement of goods and materials. The property’s proximity to major highways, including I-25, further enhances its accessibility and connectivity. This strategic location allows for efficient logistics and supply chain management. The property’s overall design and location make it an attractive option for industrial users.

The property’s current lease is set to expire in December 2026, presenting an opportunity for owner-user or multi-tenant redevelopment. This flexibility in
use allows potential buyers to explore various options for the property, depending on their specific needs and goals. The property’s location in an enterprise zone also provides tax incentives, which can help reduce operational costs and increase profitability. The Upper South Central submarket where the property is situated has a relatively low vacancy rate of 8.0%, indicating a strong demand for industrial space. Additionally, the submarket has experienced negative rent growth of -2.8%, suggesting a competitive rental market. The lack of industrial construction in the area also contributes to the property’s value and potential for long-term appreciation.

The property’s position in this submarket makes it a valuable asset for industrial investors. The property’s proximity to downtown Denver, approximately 4.7 miles south, adds to its appeal, providing easy access to a large and diverse labor pool, as well as various amenities and services. The property’s delivery in multiple phases allows for potential buyers to plan and execute their redevelopment or occupancy strategy. The combination of the property’s features, location, and market conditions creates a unique opportunity for investors or owner-users seeking a strategic industrial asset. The property’s potential for redevelopment and its existing infrastructure make it an attractive option for those looking to establish or expand their industrial operations. With its strong market fundamentals and strategic location, the property is poised to remain a valuable asset in the industrial real estate market. The property’s characteristics and location make it a compelling investment opportunity for those seeking to capitalize on the growing demand for industrial space.

BROKER OF RECORD
Adam Lewis
Denver Broker of Record
1225 17th Street, Suite 1800
Denver, CO 80202
Tel: (303) 328-2050
Adam.Lewis@MarcusMillichap.com
License CO: ER100091205
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAH0050051)