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Industrial Flex

12198 Ridge Road

12198 Ridge Rd, Wheat Ridge, CO 80033

Listing Price: $2,100,000

Cap Rate
6.00%
Gross SF
13,541
Price/Gross SF
$155.08
Lot Size
1.12 acres
Year Built
1968
Rentable SF
13,541

Investment Overview

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, including a leaseback from the current owner, on shorter term gross leases, offering a new buyer to add value to the property through increased rents over time. 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.

Investment Highlights

  • Multi-Tenant Industrial w/ Outdoor Storage located off of I-70 and Ward Road
  • I-E, Wheat Ridge Zoning
  • Brand New Pavement in August of 2024

Exclusively Listed By

Financing By

Industrial Flex

12198 Ridge Road

Listing Price: $2,100,000

Cap Rate
6.00%
Gross SF
13,541
Price/Gross SF
$155.08
Lot Size
1.12 acres
Year Built
1968
Rentable SF
13,541

Investment Highlights

  • Multi-Tenant Industrial w/ Outdoor Storage located off of I-70 and Ward Road
  • I-E, Wheat Ridge Zoning
  • Brand New Pavement in August of 2024

Investment Overview

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, including a leaseback from the current owner, on shorter term gross leases, offering a new buyer to add value to the property through increased rents over time. 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.

Exclusively Listed By

Financing By

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