5925 E. Evans Avenue presents a rare opportunity to acquire a 27,762 SF mixed-use industrial, office, and retail asset in one of Denver’s most supply-constrained infill submarkets. Built in 2016 and situated on 41,954 SF of I-MX-3 zoned land along the highly visible Evans Avenue corridor, the property features five drive-in doors, 18’ clear heights, 3-phase power, and a flexible small-bay layout that appeals to a wide range of users and tenants. Currently 94.6% occupied with a diverse rent roll across industrial, office, and retail tenants, the asset generates $424,390 in current NOI (7.13% cap rate) with a clear path to $555,690 in market NOI (9.34% cap rate) through lease-up of vacancy and rent normalization. Offered at $5,950,000 ($214/SF), the property is priced below replacement cost and below blended comparable values, creating both strong in-place cash flow and meaningful upside through continued stabilization and long-term appreciation in a high-demand central Denver location.
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Listing Snapshot
Price
$5,950,000
Days On Site
35 Days
Bedrooms
N/A
Inside Area (SqFt)
27,762 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.96 Acres
Year Built
2016
MLS® Number
6115246
Status
Active
Property Tax
$143,284
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
0.96
Additional Property Use
CommercialIndustrialOffice
Property Sub Type
Office
Sewer
Public Sewer
SqFt Total
27762
Zoning
I-MX-3
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Listing courtesy of Brockman Group LLC jb@brockman.group
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Neighborhood & Commute
Source: Walkscore
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