1250 Simms St
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1250 Simms St
54,416 SF 100% Leased Industrial Building Lakewood, CO 80401 £5,868,375 (£108/SF) 7.37% Net Initial Yield
Executive Summary
• 100% leased industrial asset in Lakewood, CO
• Assumable loan available ($2,885,000 +/- at 5.5% interest on a 12 year amortization schedule with a balloon in August 2033).
• Oversized drive in doors and dock high loading
• Strong tenants with long operating history
• New roof in 2018 and under warranty until October 2028
• Clear height 14’-18’
• Easy access to major interstates
• Ongoing environmental monitoring for 20+ years with levels drastically decreasing over time. Additional environmental information/monitoring data available upon request.
• Bank financing available (comfortable with environmental monitoring and status)
• Updated electrical and LED lighting
• Easy access to major interstates
• Adjacent to Light Rail
• Seller will guarantee rent on Unit 103 for up to one year or Unit 103 is positioned well for an owner/user
• Assumable loan available ($2,885,000 +/- at 5.5% interest on a 12 year amortization schedule with a balloon in August 2033).
• Oversized drive in doors and dock high loading
• Strong tenants with long operating history
• New roof in 2018 and under warranty until October 2028
• Clear height 14’-18’
• Easy access to major interstates
• Ongoing environmental monitoring for 20+ years with levels drastically decreasing over time. Additional environmental information/monitoring data available upon request.
• Bank financing available (comfortable with environmental monitoring and status)
• Updated electrical and LED lighting
• Easy access to major interstates
• Adjacent to Light Rail
• Seller will guarantee rent on Unit 103 for up to one year or Unit 103 is positioned well for an owner/user
Property Facts
Amenities
- 24 Hour Access
- Bus Route
- Commuter Rail
- Conferencing Facility
- Yard
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
Utilities
- Lighting
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
• High ceilings and great loading • 3-4 offices, conference room, and restrooms
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 103 | 9,816 SF | Industrial | - | 30 Days |
1st Fl - 103
| Size |
| 9,816 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
1st Fl - 103
| Size | 9,816 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 30 Days |
• High ceilings and great loading • 3-4 offices, conference room, and restrooms
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PROPERTY TAXES
| Parcel Number | 49-042-04-030 | Improvements Assessment | £1,121,889 |
| Land Assessment | £112,333 | Total Assessment | £1,234,223 |
PROPERTY TAXES
Parcel Number
49-042-04-030
Land Assessment
£112,333
Improvements Assessment
£1,121,889
Total Assessment
£1,234,223
zoning
| Zoning Code | Industrial (LI-RD: Light Industrial) |
| Industrial (LI-RD: Light Industrial) |
-
Jake Malman -
Malman Commercial Real Estate
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1250 Simms St
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