A Storage Place – Evergreen, Colorado (Denver MSA)

Property Location

29309 Industrial Parkway
Evergreen, CO 80439

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investment highlights

  • LOCATION // Situated off I-70, the gateway to the Rocky Mountains, and US Highway 74 also known as the Evergreen Parkway which leads to the affluent mountain area of Hiwan, Bergan Park, and the city of Evergreen.
  • LIMITED COMPETITION // Only Class “A” facility in the suburban mountains. Closest competition is a small, single story facility that recently added 15K square feet and filled in several months with waiting list. Closest similar facility is located in the Red Rocks area which is seven plus miles away and experiencing accelerated lease up at $2.00+ rents.
  • INCOME GROWTH POTENTIAL // Unique opportunity to substantially increase revenue through rate increases. Present owner has been extremely conservative in increasing rates, adding tenant insurance, collecting admin fees, late fees and charging for merchandise.
  • SUPERIOR RETAIL CORRIDOR // Located next to the Walmart Super Center and Home Depot which is the largest “near city” retail center that serves a large area of the mountain population. Additional retailers in the area include Starbucks, Jiffy Lube, Qdoba and McDonalds to name a few.
  • EXCEPTIONAL DEMOGRAPHICS // Average household income of $230,000 with high traffic counts of potential customers connecting to and from the regional mountain community.

Broker Information

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

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