Low vacancy rate of Southwest Denver Market


Average tenant duration is over 12 years


Outstanding demographic profile – ample housing, strong wages, and access to labor


Limited industrial investment offerings in supply constrained markets


Below market in-place NNN rents (12% below market)


Outstanding demographic profile – ample housing, strong wages, and access to labor


5 out of 8 tenants have been in occupancy for over 10 years


Strong historical occupancy generating consistent net operating income (NOI)

Chatfield Distribution Center, located at 8160 Blakeland Drive, represents a high-quality industrial building spanning 88,152 SF in Denver’s dynamic Southwest Industrial Submarket. Situated in Littleton, 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 Santa Fe Drive and E-470.

Constructed in 1997, Chatfield Distribution Center features low office finish build outs, both dock and drive in loading and is currently 100% leased to 8 tenants across flexible unit sizes ranging from 6,953 to 17,100 square feet. Additionally, the in-place NNN rents are 12% below market providing investors the opportunity to increase rents upon rollover and through a mark to market strategy.

Chatfield Distribution Center

8160 Blakeland Drive, Littleton, CO 80125


 

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

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

Nick Rice
+1 720 833 4620
nick.rice@colliers.com

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

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