Kenai Capital Advisors ("Kenai"), acting as exclusive advisors for the Seller, is pleased to present the opportunity to acquire 3939 Kearney Street, a fully renovated industrial service facility located in Denver, Colorado. The property consists of a 45,583-square-foot full brick masonry building on 2.31 acres, 100% occupied by Tolin Mechanical Systems Company, LLC under a long-term NNN lease running through March 31, 2036. Originally constructed in 1959 and comprehensively renovated in 2023 & 2026, the facility serves as Tolin's corporate headquarters, housing the company's sales, estimating, training, project management, and administrative operations alongside parts distribution, equipment storage, and maintenance functions.
Tolin Mechanical Systems has served the Denver market continuously since 1948 and operates as a member of the Service Logic family of companies - the largest privately held commercial HVAC and mechanical services platform in North America. In December 2025, Bain Capital completed its acquisition of Service Logic in a $3.1 billion co-investment transaction alongside Mubadala Investment Company, Abu Dhabi's sovereign wealth fund. The combined capital commitment by the landlord and tenant in the property exceeds $3.9 million, reflecting the depth of operational alignment between the tenant and this specific location. The property is offered as a stabilized, NNN-leased investment with contractual annual rent escalations, zero near-term capital requirements, and a 20-year roof warranty, providing investors with a clearly defined income profile through the lease term.