520-540 North 7th Avenue
- Address:
- 520-540 North 7th Avenue, Brighton, CO 80601
- Property Type:
- Multi Tenant
- Price:
- $1,650,000
- Cap Rate:
- 7.99% cap
- Square Feet:
- 10,000 sqft
- Lot Size:
- 1.18 Acres
- Price Per Square Foot:
- $165.00
- Year Built:
- 1983
-
Marketing Package*
Investment Highlights
Investment Highlights
- 100% Occupied Small-Bay Industrial Property
- Short-Term Leases with Below-Market Rents
- Excess Yard Space for Outside Storage
- Well-Positioned Within Denver International Airport Submarket with Impressive 1.1% Vacancy Among Comparables Under 25,000 Square Feet
Investment Overview
The property is a multi-tenant industrial asset spanning 10,000 square feet and situated on 1.18 acres. Outside storage is also available, providing additional space for equipment and supplies.
Located along U.S. Route 85 in Brighton, the property is easily accessible for tenants and customers. The property is also well-positioned within the Denver International Airport submarket, which has a 1.1% vacancy rate among comparable properties under 25,000 square feet. This indicates a strong demand for industrial space in the area, making the property a desirable investment opportunity.
The property is fully occupied, with several tenants on short-term leases below market rates, creating a value-add opportunity for investors, in addition to yard space available for lease. This sale offers flexible purchasing options, with the opportunity to acquire individual buildings.