1289 4Th AveBrighton, CO 80601

This exceptional investment opportunity presents a fully occupied, Class B industrial warehouse totaling 21,070 square feet situated on a 1.35-acre lot in Brighton, Colorado. Built in 2010, the property boasts a desirable location just off Highway 85, providing easy access to E-470 and the Denver metro area. The warehouse features a multi-tenant configuration with three units, each offering significant advantages. Two units include mezzanine office space, while the third unit has the potential for similar expansion. The building's impressive features include a 16'-24' ceiling height, seven loading docks, and ample parking (52 spaces). Currently operating at 100% occupancy with below-market rents, this asset presents a compelling value-add opportunity for investors. The property is zoned I-1 and offers a strong net operating income (NOI) of $286,744, with a pro-forma NOI of $290,772, translating to a 6.91% cap rate and a pro-forma cap rate of 7.01%. The asking price is $4,150,000, representing a price per square foot of $196.96 and a price per unit of $1,383,333.33. This property is offered fee simple. The property benefits from its location in a rapidly growing submarket, anchored by distributors serving the Denver/Front Range region. With current market vacancy at 3.3% and average rent at $17 per square foot, this asset offers significant potential for future income growth.