Post on 19-Jul-2020
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
OFFERING SUMMARY
SALE PRICE: $215,000
YEAR BUILT: 1984
BUILDING SIZE: 1,500
ZONING: I-1 Industrial, Aurora
PRICE / SF: $143.33
TRAFFIC COUNT: 20,384
PROPERTY OVERVIEWvacant owner-user flex industrial condo for sale
PROPERTY HIGHLIGHTS• office-showroom entry, bathroom, interior office, warehouse with 10x10 roll-up door to rear
• new carpet in office-showroom
• property taxes about $3081 annually, association dues approximately $150 per month
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
PROPERTY DESCRIPTIONvacant owner-user flex industrial condo for sale
LOCATION DESCRIPTIONeast side of Chambers Road
SITE DESCRIPTIONlevel, deep but narrow site slightly above street grade on the east side of Chambers Road
EXTERIOR DESCRIPTION
flex office-warehouse condo project, 12 units total, concrete block exterior with aluminumwindow storefront, flat roof
INTERIOR DESCRIPTION
office-showroom entry, warehouse with roll-up door to rear
PARKING DESCRIPTIONsurface parking to front of units
UTILITIES DESCRIPTIONindividual metered gas-electric, common water-sewer
CONSTRUCTION DESCRIPTIONconcrete block exterior flex office-warehouse condo project, aluminum window storefront, flatroof
LOADING DESCRIPTION
drive-in overhead and people doors to rear, one per unit
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
SALE PRICE $215,000
LOCATION INFORMATIONBuilding Name Chambers Road Industrial Ctr Unit G
Street Address 2200 Chambers Road
City, State, Zip Aurora, CO 80011
County/Township Adams
BUILDING INFORMATIONBuilding Size 1,500 SF
Number Of Grade Level Doors 1
Ceiling Height 8 - 14 ft
Office Space 375
Number Of Floors 1
Year Built 1984
Construction Status Existing
Framing concrete block
Condition Average
Roof flat
Walls concrete block
Ceilings open, acoustical tile panels
Floor Coverings carpet and polished concrete or vinyl tile
Exterior Walls concrete block masonry
Mezzanine partial above office space
Office Buildout front office-showroom
PROPERTY DETAILSProperty Type Industrial
Property Subtype Flex Space
Zoning I-1 Industrial, Aurora
APN# 0182132008008
Traffic Count 20,384
Traffic Count Street Chambers at 18th
PARKING & TRANSPORTATIONParking Type Surface
Parking Ratio 3.3
Parking Description surface parking to front of units
UTILITIES & AMENITIESCentral
HVAC
individual unit package heat-AC
Restrooms 1 per unit
Exterior
Description
flex office-warehouse condo project, 12 units total, concrete block
exterior with aluminum window storefront, flat roof
Interior
Description
office-showroom entry, warehouse with roll-up door to rear
Utilities
Description
individual metered gas-electric, common water-sewer
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
SALE COMPARABLES
1 | SALE COMPARABLES
SALE COMPS MAP
SALE COMPS
SALE COMPS SUMMARY
ADVISOR BIO 1
1SALE COMPARABLESCHAMBERS ROAD INDUSTRIAL CTR UNIT G
OFFERING MEMORANDUM
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
2200 Chambers Road | Aurora, CO 80011SUBJECT PROPERTY
1332 Norfolk Street Unit BAurora, CO 80011
NORFOLK PARK CENTRE 2Aurora, CO80010
9655 E 25TH AVE UNIT 110 3Denver, CO80239
5475 PEORIA ST, 1ST FLOOR - 3-102 4360 Norfolk StreetAurora, CO 80011
NORFOLK PARK CENTRE
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
Subject Property2200 Chambers Road | Aurora, CO 80011
$215,000Sale Price: 101,292 SFLot Size: 1984Year Built:
$143.33Price PSF: 1,500 SFBuilding SF:
1
Norfolk Park Centre332 Norfolk Street Unit B | Aurora, CO 80011
$240,000Sale Price: 0 SFLot Size: 1995Year Built:
1,742 SFBuilding SF: $137.77Price PSF: 08/12/2019Closed:
industrial flex condo-concrete tilt up design with 364 SF office space, 832 SF secure yard area, roll-up overheaddoor
1
2
9655 E 25th Ave Unit 110Aurora, CO 80010
$239,000Sale Price: 0 SFLot Size: 1984Year Built:
1,500 SFBuilding SF: $159.33Price PSF: 09/13/2019Closed:
office-warehouse flex condo
2
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
3
5475 Peoria St, 1st Floor - 3-102Denver, CO 80239
$280,000Sale Price: 0 SFLot Size: 1985Year Built:
1,810 SFBuilding SF: $154.70Price PSF: 06/11/2019Closed:
flex office-warehouse condo concrete block-concrete tilt up construction
3
4
Norfolk Park Centre360 Norfolk Street | Aurora, CO 80011
$260,000Sale Price: 0 SFLot Size: 1995Year Built:
1,500 SFBuilding SF: $173.33Price PSF:
Highly desirable industrial flex unit at Norfolk Park Centre. Functional flexcondo with office, lobby, and handicapped accessible bathroom fully built out.Rear load/drive in and access through alley.
4
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
1
2
3
4
SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP # OF UNITS
Chambers Road Industrial Ctr Unit G2200 Chambers RoadAurora, CO 80011
$215,000 1,500 SF $143.33 - 1
SALE COMPS PRICE BLDG SF PRICE/SF CAP # OF UNITS CLOSE
Norfolk Park Centre332 Norfolk Street Unit BAurora, CO 80011
$240,000 1,742 SF $137.77 - 1 08/12/2019
9655 E 25th Ave Unit 110Aurora, CO80010
$239,000 1,500 SF $159.33 - - 09/13/2019
5475 Peoria St, 1st Floor - 3-102Denver, CO80239
$280,000 1,810 SF $154.70 - 1 06/11/2019
Norfolk Park Centre360 Norfolk StreetAurora, CO 80011
$260,000 1,500 SF $173.33 - 1 On Market
Totals/Averages $254,750 1,638 SF $155.53 - 1
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE
Each Office Independently Owned and Operated kwcommercial.com
KW COMMERCIAL50 S. Steele Street,Ste. 700Denver, CO 80209
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.Each KW Commercial Brokerage Business is Independently Owned and Operated
MIKE MARTINDirector0: 303.722.3300C: 303.808.8951mjmartin@kwcommercial.comCO #EA.040006749
CO #EA.040006749
MIKE MARTIN
Director
mjmartin@kwcommercial.comDirect: 303.722.3300 | Cell: 303.808.8951
PROFESSIONAL BACKGROUND
Mr. Martin has 12 years experience in commercial real estate brokerage and 34 years experience in commercial real estate consulting, valuation, and appraisal work. He has beeninvolved with nearly all types of commercial and investment real estate during his career. Mike has completed over $45 million in total commercial real estate brokerage transactions,specializing in office and medical tenant representation, seniors housing and healthcare. Mr. Martin and his family live in the Cherry Creek area of Denver. Mr. Martin is activelyinvolved in various non-profit organizations including the Boy Scouts, Junior Achievement, and The Cherry Creek North Business Improvement District.
EDUCATION
University of Wisconsin, BA, 1983
MEMBERSHIPS
DMCAR-Denver Metro Commercial Association of RealtorsNARColorado Association of RealtorsAppraisal InstituteCFA InstituteNIC
Denver Central50 S. Steele Street Ste. 700
Denver, CO 80209303.722.3300
2200 Chambers Road, Aurora, CO 80011
CHAMBERS ROAD INDUSTRIAL CTR UNIT G
INDUSTRIAL FOR SALE & LEASE