6225 E 38th Ave, Denver, CO, 80207
6225 E 38th AveKey Information
Highlights
• Mission-Critical Tenant – Leased to Hospital Cooperative Laundry, Colorado’s largest healthcare laundry provider serving 36 hospitals and 400+ clinics.
• Proven Occupancy History – Tenant has operated from the property for 30+ years.
• Stabilized Investment with Upside – 5+ years remaining with 2 x 5-year renewal options that get reset at fair-market-value.
• Below-Market Rents – In-place rents are approximately 10% below market, creating long-term mark-to-market upside.
• Landlord-Favorable NNN Lease – NNN lease structure with additional tenant responsibilities for select capital items.
• Functional Industrial Facility – ±48,484 SF, with minimal office buildout, 20′ clear heights, fenced lot, and 6 dock-high doors.
• Heavy Power – 5,000+ amps | 480v | 3-phase (TBV)
• Recent Roof Investment – Tenant invested $127K into recent roof improvements with a 15-year warranty.
• Prime Infill Denver Location – Immediate access to I-70 / I-25. Less than 15 minutes to Downtown Denver and under 30 minutes to DIA.
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