Basics
- Property Type: Industrial
- Status: Available
- Floors: 2
- Lot Size: 9.98
- Year Built: 2000
Description
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Description:
26,950-square-foot industrial service facility on 9.98 acres in a highly sought-after, supply-constrained market near Interstate 76, Interstate 70, and Interstate 25. The property serves as a critical operations hub for Martin Marietta Materials (NYSE: MLM), supporting their maintenance of aggregate processing and hauling equipment, directly adjacent to their 30-acre asphalt plant.
Kenai Capital Advisors (“Kenai”), acting as exclusive advisors for the Seller, is pleased to present the opportunity to acquire a 26,950-square-foot industrial service facility on 9.98 acres in a highly sought-after, supply-constrained market near Interstate 76, Interstate 70, and Interstate 25. The property serves as a critical operations hub for Martin Marietta Materials (NYSE: MLM), supporting their maintenance of aggregate processing and hauling equipment, directly adjacent to their 30-acre asphalt plant. The facility is currently leased on a short-term basis, offering significant mark-to-market potential with rising industrial outdoor storage rents in the area. Due to its size this functional service facility provides substantial redevelopment potential for adaptive reuse, expansion, or complete redevelopment into a higher-density industrial, logistics, or service facility. Priced below replacement cost, this property presents significant upside potential without the risks of new construction, making it an ideal investment for both short-term value creation and long-term appreciation. This asset’s strategic location, publicly traded tenancy and redevelopment potential offers a compelling investment with strong future value.
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Building Details
- Total SF: 26,950 SF
- # Buildings: 2
Location
- State: Colorado
- City / Department: Denver
- Zip / Postal Code: 80221