5335 Xenon StArvada, CO 80002
- Industrial properties
- 2,474 SF
Property Details for 5335 Xenon St
- Year built
- 2016
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 2,474 SF
- Property type
- Industrial properties
- Property subtype
- Life science properties
- APN
- 39-172-02-061
- APU
- 3917202061
Description
This exceptional investment opportunity presents a single-tenant, 15,975-square-foot flex industrial building situated on a one-acre lot in Arvada, Colorado. The property, located at 5335 Xenon St, 80002, is a 2016-built structure currently leased to Alio Industries under a Net Net Net (NNN) lease. The lease agreement, with a remaining term of five years, includes a favorable 3% annual rent escalation clause and a three-year extension option, providing significant long-term income stability. The current Net Operating Income (NOI) is $324,000, yielding a 6.00% capitalization rate. Pro-forma NOI is projected at $364,664, resulting in a 6.75% pro-forma cap rate. The asking price for this turnkey investment is $5,400,000. Alio Industries, a reputable publicly traded company, occupies the entire building, minimizing vacancy risk. The property benefits from its strategic location, offering convenient access to major transportation arteries including CO-72, CO-58, and I-70. Its proximity to Old Town Arvada provides employees with access to numerous restaurants, shops, and cultural attractions, enhancing employee satisfaction and business success. This property represents a compelling investment opportunity due to its strong tenant, favorable lease terms, and prime location within a low-inventory industrial submarket.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $520,411
- Hospitality
- $476,694
- Educational
- $396,604
- Medical
- $410,244
- Retail
- $616,939
Location Insight
- City
- Arvada
- County
- Jefferson
- State
- Colorado
- Latitude
- 39.7933
- Longitude
- -105.141
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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