JLL has been retained as exclusive agent and advisor for the disposition of the 100% fee
simple interest in 1953 N. Gun Club Road, (“The Property”). As a distribution center for Home Depot, the Property is situated within Denver’s I-70 East Industrial submarket within Prologis Park 70, one of Denver’s premiere industrial parks. Delivered in 2012, the building sits on 17.22 acres, and totals 220,000 square feet that can be expanded by an additional 60,000 SF in the future. The Property benefits from its location in the established I-70 East submarket, the largest and most institutionally-owned submarket in the Rocky Mountain region that boasts 19 years of consecutive positive annual net absorption.
Moreover, this state-of-the-art building is located at the Northeast corner of Interstate 70 and E-470, which offers direct access to Denver International Airport. This high-visibility Class A asset was designed for single tenant use with multi-tenant flexibility. The Property offers energy-efficient construction, 32’ minimum clear height, ESFR fire protection, secured fencing, trailer parking, ample auto parking.
At 220,000 square feet, the cross-dock distribution center has enough scale to allow investors to quickly increase their market footprint. Given the Property’s institutional quality, prime logistics location, investment grade tenancy, and rents that are 36% below market, it represents one of the country’s strongest mark-to-market opportunities at the time of the offering. The Property is owned by EverWest—a leading national full-service, development and investment real estate firm.
- Immense Mark-to-Market Opportunity
- Best-in-Class Logistics Location
- Proximity to Institutional Ownership and Brand-Name Tenants
- Investment Grade Tenant
- Premier Industrial Submarket
- Mission-Critical Asset