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2390 S Kalamath St, Denver, CO, 80223

SMALL-BAY INDUSTRIAL
$2,000,000

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Highlights

INVESTMENT HIGHLIGHTS

  • ±12,000 SF broken up into (6) 2,000 SF individual units.
  • Separately metered for gas & electric.
  • 6 drive-in bay doors – 1 for each unit.
  • Attractive property mix: ±85% warehouse / ±15% office.
  • Fully leased to tenants on below market, short-term gross leases.
  • Strong potential for value creation through market rent increases and NNN lease conversions.
  • Ability to capture immediate upside with all leases turning over by 12/31/2026.
  • Built from durable masonry construction.
  • Air conditioning in each unit.
  • Located in a supply-constrained, high-demand infill submarket.

Location

Agents

Financing Agents

Broker of Record

Brayden Conner

License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
8.3%
$ per SF
$166
Tot. SF
12,000
Year Built
1973
Type
Industrial