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For Sale Multi-Tenant Office/Warehouse
Desirable Central Location
Two Buildings on 1.39 Acres
General Information
Platte Central Office/Warehouse
2505 W. 2nd Ave.
Denver, CO 80219

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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.
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'

Phone: (303) 592-1050

Sperry Properties Inc.
1100 S. Bannock Street
Denver, CO 80223

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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
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1100 S. Bannock Street - Denver, CO 80223
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Office: (303)  592-1050