400 W 48th Ave, Denver, CO, 80216

400 W 48th Ave Denver, CO 80216

400 W 48th Ave, Denver, CO, 80216
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$13,000,000
Last Verified:
Oct 02, 2024

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Highlights


Description

Situated just northwest of Denver’s Central Business District and adjacent to the vibrant RiNo neighborhood, 400 W 48th Ave enjoys an exceptional location at the junction of I-70 and I-25. This prime positioning provides unparalleled visibility and accessibility, making it easy to reach from almost anywhere in the Denver metro area. The building’s prominent placement along these major highways ensures maximum exposure for tenants. This well-maintained property is home to notable tenants such as Sunflower Bank, Fluid Truck, and Milgard Custom Doors and Windows. It offers high-quality amenities, including a fitness center with showers and lockers for both men and women, as well as abundant free parking. Users/ Investors can also benefit from the availability of building parapet signage, enhancing their visibility even further.

Situated just northwest of Denver’s Central Business District and adjacent to the vibrant RiNo neighborhood, 400 W 48th Ave enjoys an exceptional location at the junction of I-70 and I-25. This prime positioning provides unparalleled visibility and accessibility, making it easy to reach from almost anywhere in the Denver metro area. The building’s prominent placement along these major highways ensures maximum exposure for tenants. This well-maintained property is home to notable tenants such as Sunflower Bank, Fluid Truck, and Milgard Custom Doors and Windows. It offers high-quality amenities, including a fitness center with showers and lockers for both men and women, as well as abundant free parking. Tenants can also benefit from the availability of building parapet signage, enhancing their visibility even further.

Visible from both I-25 and I-70, 400 W 48th Ave is nestled in the heart of the Globeville neighborhood, offering unparalleled accessibility and visibility. This prime location is within the highly sought-after Upper North Central industrial sub-market, which boasts a low vacancy rate of only 4.8%, expected to decrease further in 2024.


Year Built: 1973
Building Size: 93959sq ft
Building Class: B
Lot Size: 4.7 acres


Documents

400 W 48th_062024 LEASE.pdf

Units for Lease

Suite 105
Space Available: 10582 SF
Lease Type: Full Service

Price Per Sqft/Month: $16.00 - $18.00
Suite 250
Space Available: 16590 SF
Lease Type: Full Service

Price Per Sqft/Month: $22.00 - $24.00
Suite 300
Space Available: 30338 SF
Lease Type: Full Service

Price Per Sqft/Month: $32.00 - $34.00

Map of 400 W 48th Ave, Denver, CO, 80216

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.