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6225 E 38th Ave
Denver, CO 80207 Park Hill

$5,660,000 USD

Warehouse For Sale  •  48,484 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 48,484 SF
  • Lot Size 2.23 AC
  • Building Class C
  • Year Built 1972
  • Tenancy Single
  • Zoning I-MX-3
40 Transit Score
40 Walk Score

Highlights

Mission-Critical Tenant – Leased to Hospital Cooperative Laundry, Colorado's largest healthcare laundry provider serving 36 hospitals and 400+ clini
Proven Occupancy History – Tenant has operated from the property for 30+ years.
Stabilized Investment with Upside – 5+ years remaining with 2 x 5-year renewal options that get reset at fair-market-value.
Below-Market Rents – In-place rents are approximately 10% below market, creating long-term mark-to-market upside.
Landlord-Favorable NNN Lease – NNN lease structure with additional tenant responsibilities for select capital items.
Functional Industrial Facility – ±48,484 SF, with minimal office buildout, 20' clear heights, fenced lot, and 6 dock-high doors.

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.7 mi
5 min - 1.8 mi
AirportDriveWalkDistance
Denver International 26 min - 18.8 mi
Angelo Vattano 970-310-3485 Matthews Real Estate Investment Services
Angelo Vattano 970-310-3485 Matthews Real Estate Investment Services