520-644 North 7th Avenue — Sale in Brighton, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Brighton, CO 80601
- Year built: 1983
Investment Figures
- Cap rate
- 6.59%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The property is a four-building industrial asset that spans 23,600 square feet and is situated on 4.61 acres. The asset features metal/masonry construction and has a total of nine units, with an average size of 2,500 square feet. The property also features ten drive-in doors across all buildings. Outside storage is also available, providing additional space for equipment and supplies. Located along U.S. Route 85 in Brighton, the property is easily accessible for tenants and customers. The property is also well-positioned within the Denver International Airport submarket, which has a 1.1% vacancy rate among comparable properties under 25,000 square feet. This indicates a strong demand for industrial space in the area, making the property a desirable investment opportunity. The property is fully occupied, with several tenants on short-term leases below market rates, creating a value-add opportunity for investors, in addition to yard space available for lease. This sale offers flexible purchasing options, with the opportunity to acquire individual buildings. Seller financing is also available. Investment Highlights: • Four-Building 23,600-Square-Foot Shallow-Bay Industrial Asset Situated on 4.61 Acres • Featuring Nine Units (Average Size of 2,500 Square Feet), Metal Construction, Three Drive-in Doors, & Outside Storage • Opportunity to Purchase Individual Buildings with Seller Financing Available • Fully Occupied on Short-Term Below Market Rents, Creating Value-Add Opportunity • Located Along U.S. Route 85, 22 Miles Northeast of Downtown Denver • Well-Positioned within Denver International Airport Submarket with Impressive 1.1% Vacancy Among Comparables Under 25,000 Square Feet
Market Context
This industrial in Brighton, CO is listed for sale. It is offered at an approximate 6.6% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1983. It has been on the market for 100 days. Compare it against other industrial listings for sale in Brighton, CO — view the full market.
Contact
- Alyssa Tomback · (303) 328-2016 · alyssa.tomback@marcusmillichap.com
- Thimy Moraitis · (303) 328-2037 · thimy.moraitis@marcusmillichap.com
- Erik Franks · (303) 328-2054 · erik.franks@marcusmillichap.com
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