Net Lease
Global Leading Manufacturer | Denver MSA | 18 Year Absolute Net Lease | 3.50% Annual Increases
4990 N Iris St, Wheat Ridge (Denver MSA), CO 80033
Listing Price: $12,155,323
Investment Overview
The property is strategically positioned within the thriving Northwest Denver industrial corridor, one of the most supply-constrained and consistently high-performing industrial submarkets in Colorado. Anchored by the cities of Wheat Ridge, Arvada, Lakewood, and Golden, this infill region benefits from exceptional transportation connectivity, strong workforce access, and long-term economic stability driven by Denver’s diverse and expanding commercial base.
Wheat Ridge offers immediate access to Interstate 70, one of the nation’s primary east-west freight arteries, providing seamless distribution reach across the Denver Metro, Front Range, and Mountain West. This location advantage continues to fuel industrial demand from logistics operators, service providers, construction suppliers, and light manufacturing users seeking efficient mobility and proximity to customer bases. The surrounding arterial network—including Wadsworth Boulevard, Kipling Street, and I-76—further enhances circulation and regional connectivity.
The Northwest Denver submarket is defined by its high barriers to entry, with limited developable industrial land and strong competition for existing inventory. This scarcity supports resilient occupancy levels, consistent rent growth, and stable long-term valuation trends. Infill industrial buildings like 4990 N Iris St remain in particularly high demand due to their proximity to major residential communities, established commercial corridors, and dense labor pools.
The broader Denver Metro economy continues to outperform national averages, driven by expansion in technology, aerospace, healthcare, construction, logistics, and advanced manufacturing. Population growth throughout Jefferson and Denver Counties further supports workforce sustainability and business activity, reinforcing the region’s appeal to industrial operators. With rising replacement costs, restricted new supply, and steady tenant demand, Northwest Denver remains one of the most attractive and durable industrial investment markets in the Mountain West.
Global Leading Manufacturer | Denver MSA | 18 Year Absolute Net Lease | 3.50% Annual Increases
Investment Highlights
- 18 Year Absolute Net Lease Featuring Above Market 3.5% Annual Rental Increases throughout the Initial Term and Options. Location Utilized as an Office, and Manufacturing Facility.
- Strategically Positioned near I-70 with Prominent Street Exposure and Strong Daily Traffic Flow, delivering Enhanced Accessibility, Operational Efficiency, and High Visibility.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $108k within a 3-Mile Radius and over 294k People Residing within a 5-Mile Radius.
- GPT Industries is the World's Leading Manufacturer of Pipeline Sealing, Electrical Isolation, and Remote Asset-monitoring Solutions, delivering Advanced Engineering and Reliable Performance for the Oil and Gas, Water/Wastewater, Hydrogen, Construction, and Infrastructure Industries.
- Prime Denver Metro Industrial Location - Strategically Positioned in the Highly Desirable Northwest Denver Submarket, offering Exceptional Access to Major Transportation Corridors and Strong Long-term Industrial Demand Fundamentals.
- Immediate Connectivity to I-70 and Major Arteries - In Close Proximity to I-70, Wadsworth Blvd, and Kipling St, Enabling Seamless Regional Distribution Access and Efficient Transportation Routes for Logistics, Manufacturing, and Service-based Operations.
- Strong Surrounding Workforce Population - Access to a Dense and Reliable Labor Pool Across Wheat Ridge, Arvada, and Northwest Denver, Ideal for Industrial Users Requiring Skilled and Semi-skilled Employees.
- Highly Accessible Metro Denver Positioning - Centrally Located within 20 Minutes of Downtown Denver, Golden, Arvada, and Lakewood, Enabling Convenient Access for Employees, Customers, and Commercial Partners. The Northwest Denver Submarket is Defined by its High Barriers to Entry, with Limited Developable Industrial Land and Strong Competition for Existing Inventory.
Broker of Record
Net Lease
Global Leading Manufacturer | Denver MSA | 18 Year Absolute Net Lease | 3.50% Annual Increases
Listing Price: $12,155,323
Investment Highlights
- 18 Year Absolute Net Lease Featuring Above Market 3.5% Annual Rental Increases throughout the Initial Term and Options. Location Utilized as an Office, and Manufacturing Facility.
- Strategically Positioned near I-70 with Prominent Street Exposure and Strong Daily Traffic Flow, delivering Enhanced Accessibility, Operational Efficiency, and High Visibility.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $108k within a 3-Mile Radius and over 294k People Residing within a 5-Mile Radius.
- GPT Industries is the World's Leading Manufacturer of Pipeline Sealing, Electrical Isolation, and Remote Asset-monitoring Solutions, delivering Advanced Engineering and Reliable Performance for the Oil and Gas, Water/Wastewater, Hydrogen, Construction, and Infrastructure Industries.
- Prime Denver Metro Industrial Location - Strategically Positioned in the Highly Desirable Northwest Denver Submarket, offering Exceptional Access to Major Transportation Corridors and Strong Long-term Industrial Demand Fundamentals.
- Immediate Connectivity to I-70 and Major Arteries - In Close Proximity to I-70, Wadsworth Blvd, and Kipling St, Enabling Seamless Regional Distribution Access and Efficient Transportation Routes for Logistics, Manufacturing, and Service-based Operations.
- Strong Surrounding Workforce Population - Access to a Dense and Reliable Labor Pool Across Wheat Ridge, Arvada, and Northwest Denver, Ideal for Industrial Users Requiring Skilled and Semi-skilled Employees.
- Highly Accessible Metro Denver Positioning - Centrally Located within 20 Minutes of Downtown Denver, Golden, Arvada, and Lakewood, Enabling Convenient Access for Employees, Customers, and Commercial Partners. The Northwest Denver Submarket is Defined by its High Barriers to Entry, with Limited Developable Industrial Land and Strong Competition for Existing Inventory.
Investment Overview
The property is strategically positioned within the thriving Northwest Denver industrial corridor, one of the most supply-constrained and consistently high-performing industrial submarkets in Colorado. Anchored by the cities of Wheat Ridge, Arvada, Lakewood, and Golden, this infill region benefits from exceptional transportation connectivity, strong workforce access, and long-term economic stability driven by Denver’s diverse and expanding commercial base. Wheat Ridge offers immediate access to Interstate 70, one of the nation’s primary east-west freight arteries, providing seamless distribution reach across the Denver Metro, Front Range, and Mountain West. This location advantage continues to fuel industrial demand from logistics operators, service providers, construction suppliers, and light manufacturing users seeking efficient mobility and proximity to customer bases. The surrounding arterial network—including Wadsworth Boulevard, Kipling Street, and I-76—further enhances circulation and regional connectivity. The Northwest Denver submarket is defined by its high barriers to entry, with limited developable industrial land and strong competition for existing inventory. This scarcity supports resilient occupancy levels, consistent rent growth, and stable long-term valuation trends. Infill industrial buildings like 4990 N Iris St remain in particularly high demand due to their proximity to major residential communities, established commercial corridors, and dense labor pools. The broader Denver Metro economy continues to outperform national averages, driven by expansion in technology, aerospace, healthcare, construction, logistics, and advanced manufacturing. Population growth throughout Jefferson and Denver Counties further supports workforce sustainability and business activity, reinforcing the region’s appeal to industrial operators. With rising replacement costs, restricted new supply, and steady tenant demand, Northwest Denver remains one of the most attractive and durable industrial investment markets in the Mountain West.
Broker of Record
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Adam Lewis
First Vice President/Regional Manager
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