384-386 Norfolk StAurora, CO 80011

Property Details for 384-386 Norfolk St

Year built

2001

Lot size

0.12 AC

Property size (Sq ft)

1,475 SF

Property type

Industrial properties

Description

This exceptional 1,475 square foot industrial condo, situated on a 0.12-acre lot at 384-386 Norfolk Street in Aurora, CO, presents a compelling investment opportunity. Built in 2001, the property boasts a high cap rate and benefits from a prime location near the intersection of 6th Avenue and Airport Road, providing convenient access to major thoroughfares like I-225 and I-70. The property features two units, configured as a flexible space ideal for a variety of uses. A strong tenant currently occupies the space under a newly signed 3-year lease with a single 5-year extension option, ensuring consistent income. The building's layout is efficient, incorporating a reception area, office space, and kitchen in the front, seamlessly transitioning to a warehouse area in the rear. The warehouse is equipped with radiant heat for comfortable year-round operation and features two 10-foot high drive-in doors for easy loading and unloading. Adding to the property's appeal is a fenced and gated yard at the rear, providing secure outdoor storage. This turnkey investment property offers a rare combination of location, strong tenancy, and desirable features, making it an attractive opportunity for discerning investors. The asking price is $605,000.

Location Insight

City

Aurora

County

Arapahoe

State

Colorado

Latitude

39.7217

Longitude

-104.795

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