Strategic lease aligns long-term tenant needs with landlord goals, leveraging deferred rent commencement to maximize flexibility and value in one of Denver’s most in-demand industrial corridors.
Introduction
Structured as an 8-year triple net (NNN) lease with deferred rent commencement, this deal reflects growing demand for well-located leased warehouse space in central Denver. The property at 1051 South Platte River Drive stands out for its accessibility, outdoor storage, and infrastructure. This leased warehouse, spanning 21,070 square feet, demonstrates The Warehouse Hotline’s expertise in aligning tenant requirements with strategic real estate solutions. The transaction highlights how timing, structure, and flexibility deliver results in a competitive industrial market where infrastructure and adaptability are crucial.
Lease Details
- Type: 8-year NNN Lease
- Term: November 1, 2024 – October 31, 2032
- Location: 1051 South Platte River Drive, Denver, CO
- Building Size: 21,070 SF (including 650 SF office)
- Lot Size: 1 acre fenced
- Zoning: I-A and OU-2
Property Highlights
This leased warehouse offers:
- Operational Efficiency: 21,070 SF of versatile industrial space with a 650 SF office
- Industrial-Grade Features: 16-foot clear height ceilings, two 10’x10′ drive-in doors, one dock-high door, and 200 amp / 240v 3-phase power
- Outdoor Capability: 1-acre fenced lot ideal for secure outdoor storage
- Convenience: Over 16 parking spaces, delivered “as-is” with minimal office buildout
How The Warehouse Hotline Delivered
Client Concern:
In 2024, leasing mid-size industrial warehouses in Denver’s urban core was increasingly difficult. Tenants demanded concessions due to rising rental rates, inflation, and market uncertainty. Many assets sat vacant despite strong physical features.
How We Delivered:
The Warehouse Hotline launched a targeted digital campaign, emphasizing the property’s location and readiness. Through compelling visuals, strategic messaging, and clear operational benefits, the team positioned this leased warehouse as a rare opportunity in the high-demand South Platte submarket.
By negotiating deferred rent commencement and using smart lease structuring, the team secured a tenant at top-of-market terms—transforming the asset into a long-term, income-producing opportunity.
Neighborhood Overview
Located in Denver’s South Platte River industrial corridor, this leased warehouse is ideal for last-mile logistics, trade services, and contractors who need both indoor and outdoor functionality.
- Logistics Access: Immediate proximity to I-25 and I-70
- Downtown Proximity: Minutes from Denver’s central business district
- Market Positioning: High demand and limited inventory enhance long-term lease value
Client Feedback (Excerpt)
The client praised The Warehouse Hotline’s strategic process, local market intelligence, and speed of execution. Within 60 days, a long-term tenant was secured—stabilizing the asset and reinforcing the team’s position as go-to leasing advisors in Denver’s industrial market.
Conclusion
This 8-year NNN lease represents a highly strategic placement of a leased warehouse asset in one of Denver’s strongest industrial submarkets. It exemplifies how The Warehouse Hotline’s insight, execution, and market precision deliver exceptional results for landlords and tenants alike.
Q1:What type of lease was signed?
A1: An 8-year triple net (NNN) lease with deferred rent commencement.
Q2: How large is the warehouse space?
A2: 21,070 square feet, including a 650 SF office.
Q3: Why is this Denver location ideal?
A3: It offers easy access to I-25 and I-70, outdoor storage, and proximity to downtown.
Connect with The Warehouse Hotline
Success in Denver’s industrial real estate market doesn’t come from inventory alone—it requires market intelligence, executional precision, and a strategic approach to leasing. Whether you’re leasing, acquiring, or repositioning, The Warehouse Hotline has the tools to help you scale your real estate investments.
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