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12198 Ridge Rd 13,541 SF 100% Leased Industrial Building Wheat Ridge, CO 80033 $2,861,636 CAD ($211.33 CAD/SF) 7.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Multi-Tenant Industrial w/ Outdoor Storage located off of I-70 and Ward Road
- Brand New Pavement in August of 2024
- I-E, Wheat Ridge Zoning
- Adjacent to Ward Station Light Rail Stop
EXECUTIVE SUMMARY
The Kramer Group of Marcus & Millichap is please to present the exclusive listing of 12198 Ridge Road in Wheat Ridge, CO. This 13,541 SF Multitenant industrial and outdoor storage asset consists of three tenants on shorter term gross leases, offering a new buyer the opportunity to add value to the property through switching to NNN. The property is conveniently located off of Ward Road and I-70, offering great access to major arteries in the western suburbs. The property was recently repaved in August 2024. The property is located across from the Ward Station light rail stop and the new apartment developments like The Ridge at Ward Station.
PROPERTY FACTS
AMENITIES
- Fenced Lot
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Alpine CrossFit
- Arts, Entertainment, and Recreation
- -
- -
- -
- Elevated Paving Inc
- Construction
- -
- -
- -
- Firent Construction
- Construction
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Alpine CrossFit | Arts, Entertainment, and Recreation | - | - | - | ||
| Elevated Paving Inc | Construction | - | - | - | ||
| Firent Construction | Construction | - | - | - |
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PROPERTY TAXES
| Parcel Number | 39-174-06-002 | Improvements Assessment | $600,793 CAD |
| Land Assessment | $96,016 CAD | Total Assessment | $696,809 CAD |
PROPERTY TAXES
Parcel Number
39-174-06-002
Land Assessment
$96,016 CAD
Improvements Assessment
$600,793 CAD
Total Assessment
$696,809 CAD
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12198 Ridge Rd
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