If you thought there was no Easy Button in real estate, take a look at 678 Bryant Street. This fully leased industrial building in the up-and-coming Sun Valley neighborhood offers a caprate of 7.8%. The 10-year lease is held by an MIPs business, a fully licensed retail/medical marijuana extraction and infused product manufacturer. Meanwhile, the Sun Valley neighborhood, just south of Empower Field at Mile High, is one of Denver’s concentrated areas of redevelopment. Once a population of 1,500, the area has recently added over 950 new homes to house over 2,500 residents. Grab this effortless investment property quick so you can get back to relaxing.
Building Size: 4,500 SF
Sale Price: $1,150,000
Zoning: Industrial I-A (Denver)
7.8% Cap Rate