Strong Submarket Fundamentals

High Quality and Well-Maintained Asset with Attention to Detail

Below Market In-Place NNN Rents

Functional Units with Varying Bay Sizes Drawing from a Large Tenant Pool

Diversified Rent Roll with Long Standing
Historic Occupancy

Discount to Replacement Cost

Proximity to U.S. Highway 285 Providing Quick
Access to Surrounding Area

Outstanding Demographic Profile

Academy Downs Business Center, located at 6900–6950 West Jefferson Avenue, represents two functional industrial/flex buildings spanning 120,464 square feet in Denver’s dynamic Southwest Industrial Submarket. Situated in Lakewood, Colorado, the encompassing area is widely characterized by ample employee and executive housing communities, nearby area amenities, and convenient access to Metro Denver from the heavily trafficked thoroughfares of Wadsworth Boulevard and U.S. Highway 285 which experience nearly 72,993 vehicles per day.

Constructed in 1984, Academy Downs features both dock high and drive-in loading and is currently 97.9% leased to nine tenants across flexible unit sizes ranging from 2,532 to 27,000 square feet. Additionally, the in-place NNN rents are 10% below market providing investors the opportunity to increase rents upon rollover and through the lease-up of the remaining vacancy.

Academy Downs Business Center

6900-6950 West Jefferson Avenue


 

T.J. Smith, SIOR
+1 303 283 4576
tj.smith@colliers.com

Brad Calbert, ULI, NAIOP
+1 303 283 4566
brad.calbert@colliers.com

Cody Sheesley
+1 303 309 3520
cody.sheesley@colliers.com

Nicholas Nasharr
+1 303 283 4563
nick.nasharr@colliers.com

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