Commerce City CO Real Estate: 7351 Magnolia Street

LISTING PHOTOS
Click photo to enlarge

Street Scene

Loading Dock and Canopy

Parking Lot

Front Elevation

Interior of Loading Dock

7351 Magnolia Street ($850,000)
Commerce City, CO 80022

A rare investment opportunity for the passive investor or institution in northern Denver suburb. This single level brick building is leased by the United States Post Office Service (USPS) through January 13, 2018 (leased at present through January 13, 2013 at $55,740 per year; option to renew commencing January 14, 2013 and ending January 13, 2018 for five years at $61,314 per year. Triple Net (NNN). Central Air Conditioning. Four bay exterior platform and dock. Abundant site parking.

The building maintenance agreement specifies that the USPS will be responsible for all maintenance except for the roof system and building structure. USPS carries casualty and liability insuance which covers most structural risks. New roofs usually come with twenty year warranties.

The Property Detail Report from Adams County for the Tax Year 2009 states the total building square footage at 7,800…site area of 0.57 acres…the 2009 Property Tax at $7,920 (paid by lessee)…and the year built at 1962.

Located in central and bustling Commerce City…easily accessible from CO HWY 2 (Colorado Blvd) or E. 72nd Avenue to Magnolia Street, and then north.

Financials are available with signed/dated confidentially agreement. Email: bruceroyer@remax.net
Take a Virtual Tour

Style: USPS Building Kitchen:

Year Built: 1962 Dining Rm:

Subdivision: Brewers Family Rm:

County: Adams Master Bedroom:

Annual Property Tax: Paid by Lessee Study/Office:

Total Sq Ft: 7800 Laundry Location:

Total Fin Sq Ft: 6789 Leasable Great Rm:

Land/Lot Size: 0.52 Acres Recreation Rm:

Bedrooms: Living Rm:

Bathrooms: Bedroom 2:

Fireplace(s): Bedroom 3:

Garage Space(s): 4 Bay Platform Bedroom 4:

Construction: brick/brick veneer Bedroom 5:

Water/Sewer: CIty Water/City Sewer Map Book: D-226-P

School District: Adams County District 14 Zoning: BUS

Directions: Accessible from northeast CO Hwy 2 (Colorado Blvd) or E. 72nd Avenue to Magnolia Street and then north

For Comprehensive Community Info/Photos: Click Here

View Map: Click Here to view map of area

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The listing data on this web site is provided on an "as is" basis and for information and reference purposes only. All properties are subject to prior sale, change or withdrawal. All those that view this site should take the appropriate precautions to verify all information. Neither Bruce Royer, Kristine Merrill, RE/MAX Alliance or IMCD of Colorado, Inc., and/or its affiliates can be held liable for typographical errors, layout errors, or misinformation contained herein.

Bruce Royer
Owner
303.497.0588

Kristine Merrill
Broker Associate
303.497.0590

RE/MAX Alliance

Bruce Royer - Kristine Merrill
Licensed Brokers in the State of Colorado

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