1250 Simms St 54,416 SF 100% Leased Industrial Building Lakewood, CO 80401 £6,021,862 (£110.66/SF) 7.20% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Easy access to major interstates
- Adjacent to Light Rail
EXECUTIVE SUMMARY
• 100% leased industrial asset in Lakewood, CO
• Potential for a buyer to assume a $4,500,000 loan
(7.25% interest and 25 year amortization)
• 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’
• Updated electrical and LED lighting
• Adjacent to Light Rail
• Potential for a buyer to assume a $4,500,000 loan
(7.25% interest and 25 year amortization)
• 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’
• Updated electrical and LED lighting
• Adjacent to Light Rail
PROPERTY FACTS Under Contract
AMENITIES
- 24 Hour Access
- Bus Route
- Commuter Rail
- Conferencing Facility
- Yard
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 49-042-04-030 | Improvements Assessment | £1,121,330 |
| Land Assessment | £112,277 | Total Assessment | £1,233,607 |
ZONING
| Zoning Code | LI-RD (LI-RD: Light Industrial) |
