CURRENT PROPERTY

4435 N. Inca St.

Denver, CO

ASSET CLASS:

Industrial

ASSET SUB-TYPE:

Small bay with outdoor storage

BUILDING:

Information Pending

Investment Report

Thesis

Overview

This property should provide for an annualized 8.64 – 10.61% unlevered annualized internal rate of return (IRR) or higher, barring a worse than normal recession or unexpected economic shock during the next ten years.

Risks

  • Building sits vacant and takes a while to lease-up.
  • Denver’s growth slows and this area isn’t redeveloped in our projected timeline of 5-10 years.

OUTLOOK & EXIT

  • This property will become repurposed for higher density sometime between years 2-10.
  • The area neighborhoods are slated for major re-development by the City of Denver, including light rail, residential, and retail.
  • This property falls in the very heart of these plans.

More Information

For more information about this or any of our other assets…