For Sale
$6,999,999

5550 60Th Ave Arvada, CO 80003

High-yield, fully occupied warehouse.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fully occupied, multi-tenant industrial warehouse located at 5550 W 60th Ave, Arvada, CO 80003. The 30,708 square foot Class B property, built in 1968 and extensively renovated in 2022, boasts 100% occupancy across three units with four tenants. The Net Lease (NNN) structure provides a stable income stream, currently generating a 6.64% cap rate and a Net Operating Income (NOI) of $464,920. The asking price is $6,999,999, translating to $227.95 per square foot. Recent renovations included new plumbing and electrical systems, updated mechanical units, interior office finishes, landscaping, and complete asbestos remediation. The property features 12-14 foot ceilings, a 2000 AMP, 277/480 Volt, 3-phase power system, one dock-high door, one loading dock area, and one overhead drive-in door. Additional features include a 108 kW rooftop solar panel system generating supplemental income, a fully fenced yard with security gate and cameras, and ample outdoor storage space on the 3.26-acre lot. The property benefits from its strategic location with immediate access to major transportation arteries, including the Sheridan/I-76 interchange, providing easy access to I-70 and I-25. The light industrial zoning allows for versatile usage. This turnkey asset offers a compelling combination of strong cash flow, modern amenities, and significant upside potential.

Highlights

  • 100% occupied multi-tenant industrial building for sale.
  • Fully renovated, Class A industrial property.
  • Excellent access to major highways (Sheridan/I-76, I-70, I-25).
  • One-acre yard offers significant upside potential.
  • Zoned for industrial use with ample outdoor storage.
  • 108kW rooftop solar panels generate supplemental income.

Property Details for 5550 60Th Ave

Property type
Warehouses, Industrial properties
Square Feet
30,708 SF
Class
B
Year Built/Renovated
1968/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
142,006 SF
Units
3

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8049082
Longitude
-105.0571217

FAQs

What type of property is this?
Warehouse - High-yield, fully occupied warehouse.
Where is the warehouse located?
The property is located at 5550 60Th Ave Arvada, CO.
What is the asking price?
The asking price for this property is $6,999,999.
What are key features of this property?
This property features: 100% occupied multi-tenant industrial building for sale.; Fully renovated, Class A industrial property.; Excellent access to major highways (Sheridan/I-76, I-70, I-25).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5550 60Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message