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

Other industrial properties

Property subtype

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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