For Sale Multi-Tenant Office/Warehouse
Desirable Central Location Two Buildings on 1.39 Acres |
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General
Information
Platte Central Office/Warehouse 2505 W. 2nd Ave. Denver, CO 80219 click here for map Sub Market: Central Building Type: Industrial Construction Type: Masonry Block YOC: 1985 County: Denver Zoning: I-1 Land SF: 1.39 acres Taxes: $27600 Sale Information Total SF: 36400 Available SF: 3990 Sale Price: $3,175,000 |
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Property Description
This 2 building, multi-tenant office/warehouse complex is centrally located at Denver's crossroads of 6th Avenue and I-25. Platte Central offers smaller units in the core distribution area for contractors,suppliers, wholesalers and manufacturers. Great access for tenants and customers. Historically, this property has maintained a very high level of occupancy and offers an investor the possibility of stabilized cash flow. Attractive split block design. Tall ceilings and drive-in doors make this two building facility extremely functional and flexible. Priced well below replacement costs. Possible condo conversion or subdivide and sell buildings individually. Each building has seperate water and sewer service. |
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Improvements
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Access: I-25 to 6th Ave. to Bryant street exit. to 2nd Ave. Floors: 1 Parking: 92 HVAC: Rooftop HVAC Office Finish: Each unit has 10%-30% Finish Floor Plate SF: Two Building at 18,200sf Each Sprinklers: yes Clear Height: 18.6 Ground Level: 16 |
Maximum Contiguous SF: 2100 Minimum Available SF: 1890 Site Size: 60428 Cap Rate: 6.74% Sch Gross Inc: $264,094 Net Op Inc: $214,176 Water: Denver Sewer: Denver Power: Min 200 Max 600 Amps Single and 3-phase Pwr Dimensions: Each Building is 260' x 70' |
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Contact: Phone: (303) 592-1050 |
Sperry Properties Inc. |
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The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement