100% Leased to S&P BBB Rated Fedex Express

Industrial

9950 E. 40th Ave. Denver, CO
Price:
$ 21,783,000
Property Size:
107,303 sqft
Cap Rate:
5.00%
Lot Size:
7.04 acres
Year Built:
2014
Status:
Sold
BROCHURE

Tenant/Guarantor: FedEx Express
Use:Industrial
Acreage: 7.04
Rentable Building Area: 107,303 sf
Expense Structure: NN – (Roof and Structure)
Rent Increases: 2.2% annually
Lease Commencement Date: 11/01/2014
Primary Term Expiration: 10/31/2025 (6 years remaining)
Initial Term: 11 years
Current Annual NOI: $1,089,159
Option Periods: 2 (two), 5 (five) year terms
Year Built: 2014

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

Tim D'angelo, SIOR
Senior Managing Director
303.260.4252
Lori Pounds
Financial Analyst
612.440.0008
Ken Hedrick
Executive Managing Director
918.878.9540
Tim Prinsen
Senior Managing Director
612.440.0010

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