1630 Dartmouth AveEnglewood, CO 80110

Property Details for 1630 Dartmouth Ave

Year built

1998

Construction

CONCRETE BLOCKS

Lot size

0.90 AC

Property size (Sq ft)

15,065 SF

Zone code

EI2

Property type

Life science properties

APN

1971-33-3-00-056

APU

197133300056

Description

This exceptional investment opportunity presents a 15,000-square-foot industrial property located at 1630 W Dartmouth Ave, Englewood, CO 80110, within Arapahoe County. The property, built in 1960, features a mix of distribution, executive office, and warehouse space, currently leased to Heritage Pool Supply, a wholly-owned subsidiary of SRS Distributions, under a triple-net (NNN) lease. The lease commenced September 29, 2022, and expires September 29, 2037, with two five-year lease options. The asking price is $3,100,000, representing a compelling 7.55% capitalization rate based on a net operating income (NOI) of $234,000. The building boasts masonry and brick construction, and the warehouse area benefits from an evaporative cooling system. Loading capabilities include one drive-in door and one dock-high door, supported by 200-amp, 480-volt, 3-phase power. The 0.96-acre lot is zoned I-A and UO-2, providing flexibility. The property enjoys excellent access to I-25 via Mississippi and Santa Fe avenues, offering convenient access to central Denver and downtown Denver. Annual rent increases are set at $0.50. This core investment presents a strong cash flow opportunity with a long-term tenant in place.

• Alternative Use

  Use

  Valuation

  Residential

  $3,700,238

  Hospitality

  $3,389,398

  Educational

  $2,819,940

  Medical

  $2,916,922

  Retail

  $4,386,573

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.6597

Longitude

-105.008

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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