17,980 SF Off/Whse On 1.75 Acre Site

5347-5353 Sherman Street, Denver, CO

$5,185,432

Price

5%

Cap Rate

$259,271

NOI

Gallery
Street
Map
Overview
Cap Rate
5%
NOI
$259,271
Building Size
17,980 sqft
Lot Area
1.75 acres
Year Built
1986
Zoning
I-1
Highlights
  • Leased long term to Lion Electric Co. (NYSE: LEV)
  • Current 5% cap rate with annual increases
  • 17,980 SF warehouse with fenced yard - large 1.75 acre site
  • Total of six 12'x14' drive in doors (expandable)
  • 5-ton bridge crane
  • Located in Unincorporated Adams County, city of Denver
  • Part of the Adams County Enterprise Zone
  • 1,400 SF total office area
  • 17'-20' clear warehouse area
  • Great central location with access via I-70 & Washington Street or I-25 & 58th Ave
  • Recent capital improvements include high bay LED lighting, exterior LED lighting, new exterior paint, office renovations, new restrooms, office HVAC, warehouse heaters and more!
Documents
Title
Sale_Brochure_2023.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery