866 E 78th Avenue, Denver, CO for sale

Investment Overview

Unique Properties is pleased to present for sale a fully leased, 5,625 SF industrial office/warehouse condominium investment at 866 East 78th Avenue in Denver, Colorado occupied by NeuAbility, one of the Denver area's most established and mission-driven non-profit tenants. NeuAbility has occupied this location for over 12 years, making them one of the most deeply rooted small-bay industrial tenants in the Center. They have invested significantly in improving the space from custom gym flooring and specialized adaptive equipment to private therapy rooms and professional office buildout. This is not a tenant that moves lightly. The current NNN lease is priced at $11.04/SF - meaningfully below the prevailing market rate of $14.00+ per square foot for comparable units of this size and I-1 zoning in the Denver metro. This below-market basis represents a built-in value opportunity: upon renewal, rents will reset to Fair Market Rent, driving a materially higher return for the next owner. An investor acquiring today locks in stable, predictable income now with a clear path to enhanced yield at renewal. The current NNN lease runs through December 31, 2028, with a 5-year renewal option at Fair Market Rent. The landlord's obligations are limited to structural components only the Association handles all common area maintenance making this a truly low-management investment with strong upside baked in.

Investment Highlights

• 5,622 SF industrial building
• Prime Denver location
• Ideal for manufacturing
• Spacious warehouse area
• Modern construction
• Ample parking space
• Easy access to major highways
• Highly functional layout