Marcus & Millichap is pleased to present the opportunity to acquire the property located at 4850 Jackson Street in Denver, Colorado. The subject property consists of approximately 7,142 square feet of warehouse space and is situated on 0.38 acres of land. The single-tenant asset features a clear height of 14’ to 15’, five 10’ by 10’ drive-in doors, masonry construction, three-phase power, 12 parking spaces, sprinklers, and a fenced-in paved lot. Located just off Colorado Boulevard, the property is within a 15-minute drive from Downtown Denver and a 20-minute drive to the Denver International Airport both via Interstate 70.
The subject property sits within Upper North Central, a relatively small submarket containing 9.9 million square feet. Given the submarket’s proximity to Downtown Denver, Upper North Central’s inventory has essentially experienced no growth since the turn of the century, providing protection for existing landlords from new supply. Industrial demand bounced back from contracting into negative territory in 2023 by absorbing about 88,000 square feet on net annually with less than a month to go in 2024. Without an increase in supply, the vacancy rate fell 90 basis points on the year to 5.3 percent in December. Despite the fall in vacancies, annual rent growth decelerated by 500 basis points to 0.6 percent toward the end of the year (CoStar).
Denver-Aurora-Lakewood metro is home to three million people among 10 counties. Known as the Mile High City, Denver, which is also a county, serves as the state’s capitol and largest city, with approximately 742,800 residents. Metro Denver houses 10 Fortune 500 companies, including Newmont Goldcorp, Arrow Electronics, and DISH Network. Aerospace, financial services, and health care are some of the industries that have driven economic growth in the new millennium. The passage of Amendment 64 in November 2012, created a new industry in marijuana, largely consisting of young thriving businesses. Metro Denver provides a high quality of life with rural and urban amenities. Rocky Mountain National Park is less than two hours driving from the metro area, and the city houses franchises for all four major sports.
BROKER OF RECORD
ADAM LEWIS
Denver Broker of Record
1144 15th Street, Suite 2150
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. © 2025 Marcus & Millichap. All rights reserved. (Activity ID: ZAF0050281)
