Commercial: MLS #4298706 , ^$ 3,700,000

Commercial: MLS #4298706

^$ 3,700,000

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Commercial: MLS #4298706

^$ 3,700,000

Studio Baths0.0 Sq 11,925

Monthly Estimate*

^$ 25,846

Listed by Better Value Real Estate

Studio Commercial Property for sale for $3,700,000. This 11,925 square foot building was built in 2019 on a lot size of 0.97.

We are proud to present this newly constructed building located at 6101 Washington Street just North of the heart of the City of Denver and just South of the City of Thornton. Having the ultimate in synergy with three independent tenants all supporting the cannabis industry from seed to sale and everything in between. Starting with our Dispensary Tenant who has been in the industry for many years and has owned many dispensaries throughout Colorado. As well as Soiku Bano, who is one of the hottest brands around Colorado, @soiku bano who specializes in the finest Solventless Extraction available. Finally, there is an active Grower that produces some of the highest quality product in the State! These tenants are licensed through Adams County as well as the State of Colorado. Included with this incredible opportunity is expansion space which may be leased out to one of the current tenants or any of the various cannabis supporting industries, or any other industrial use. Each lease contains an annual acceleration rate of 3%. Call today to schedule your private tour.

Commercial Active

Price

^$ 3,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 65,374

Style

Free Standing

Lot Size

0.97

Year Built

2019

County/Region

ADAMS

MLS | Web ID

4298706

Features

General

Sewer Public Sewer

Possession Closing/DOD

Roof Metal

Zoning I-1

Garage Spaces 0

Security Features Fire Alarm Fire Sprinkler - Wet Firewall(s)

Construction Materials Metal Frame Metal Siding

Exclusions Tenants' personal property

Year Built 2019

Electric Phase 3

Stories 1

Property SubType Industrial

Tax Year 2023

Current Use Agricultural Manufacturing Retail

Gross Income 195060

Building Name The Green Box Development

County Adams

Operating Expense 87284

Property Type Commercial Sale

Attached Garage N

Status Active

Directions Exit I-25 at 58th Ave and head East 4 blocks go North on Washington St 3 blocks The Blue building is on the West side of Washington St.

Buyer Agent Compensation 2.5

Total Units 7

Lot Size Square Feet 42118

Carport Spaces 0

Listing Terms Cash Conventional

Tax Annual Amount 65374

Lease Considered Y/N Y

Structure Type Free Standing

Lease Type NNN

Standard Status Active

Occupancy Description Tenant (Multiple)

Cap Rate 9

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Oversized

Total Parking 32

Lot Size Area 42118

Building Area Total 11925

Lot Size Acres 0.97

Road Surface Type Paved

Lot Size Units Square Feet

Door Features Drive In Door(s)

Road Frontage Type Public

* Excluded Features

List By

Better Value Real Estate

Broker

(303) 450-2400

Phone

Affordability Calculator

$31,293

Per Month

Monthly Principal & Interest: $25,846
Monthly Property Taxes: $5,448
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

About Denver, CO

710,824 Population

28% Since 2002

^$62,229 Median Income

36.87 Median Age

22% Households with Children

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Trends Information provided by ATTOM Data Solutions.

242254 Elementary School

242425 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
3/5/2024	$3,700,000		Listed Price

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Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 4/30/2024.

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Commercial: MLS #4298706

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