Updated space currently being used as a Marijuana processing facility and is one of the few buildings in Denver that has been grandfathered in 2010 as a MIP (Marijuana Infused Processing). Very unique building a must see to truly appreciate!
Complete update in 2019 new flooring and bathrooms, asphalt parking lot just re done and marked, new concrete on sides of building and in back, fully gated and newer roof. Very low maintenance same owner for almost 40 years.
CLICK HERE FOR A VIRTUAL TOUR - https://vrtourhosts.com/listing/29471
CURRENT 7.8% CAP RATE - Current Tenant start date 9/2018 has about 14 months left on their lease at $6,500 per month with increases and renewal options they are NNN so they pay all expenses including all repairs, taxes and insurance. Could be ideal for a owner user or continue lease with current Tenant.
Due to the nature of the tenants business Listing Agent will need to be present or make advance appointment with Tenant.
Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 25th January, 2021 11:25 AM