10963 Leroy Drive

Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the seller, is pleased to present the opportunity to acquire the fee simple interest in 10963 Leroy Drive, a 30,000 SF industrial property located in Northglenn, Colorado (“Property”). This Property, situated off 104th Avenue & Interstate 25, used by 154,000 cars daily, presents a mark-to-market opportunity for investors with significant potential for rent increases. The Property is currently fully leased to a tenant with 2.0 years of lease term left that has occupied the premises for over a decade. The tenant recently completely capital improvements and signed a renewal, indicating long-term occupancy and ongoing rental income for the next owner. This centrally located infill site offers investors a rare chance to acquire a single tenant net leased asset with specialized and highly desirable building systems along with a functional layout. The recent capital improvements and prime location within a supply-constrained market further enhance the Property’s appeal. This investment offers a unique opportunity to acquire a stable, cash-flowing asset in an irreplaceable location with the near-term ability to adjust rents to market.
More details can be found: https://platform.reverecre.com/project/286f653c-881e-4280-9a38-95b00a9bf4db#overview