Standalone Retail and Office
For Sale
Contact for pricing
10200 W 26th Ave, Lakewood, CO 80215
Move-in ready standalone building with reception, offices, open work area, and renovated interior lighting.
Property Size2,400 SF
Lot Size0.29 Acres
Price / SF$414.58
Days on Market262
Property Features for 10200 W 26th Ave
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.29 Acres
Property subtype
OFFICE
Zoning
M N S
Building Details
Year Built
1969
Year Renovated
2025
Properties For Sale
at 10200 W 26th Ave Contact us- Floor
- Bldg
- Size
- 2,400 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
For Lease 10200
This 2,400 SF standalone retail and office building sits on a 0.29-acre (approx....
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Listing Agency:
Chris Ball
Listed By:
Chris Ball SIOR, CCIM
(303) 332-6954
Source:
Moodyscre
Added: Dec 19, 2025
Changed: Aug 8
Last Checked: Jul 23 at 7:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chris Ball
Investment Insights
Based on property information with market context.
This standalone retail and office building offers an efficient interior layout and recent updates. Built in 1969 and renovated in 2025, the space includes a reception area, three private offices, two bathrooms, a kitchenette, and a large open work area, plus a free-standing storage shed. A prominent free-standing pylon sign supports on-site branding and visibility.
The property sits on a 0.29-acre lot at 10200 W 26th Avenue in Lakewood, Colorado, in the Applewood/Morse Park area. The site is zoned M N S (Mixed Use – Neighborhood – Suburban).
Zoning supports a range of lower-intensity neighborhood-scale commercial and residential uses by right, including office, personal services, retail, restaurant, and indoor entertainment and fitness, as well as certain community-oriented uses.
The property sits on a 0.29-acre lot at 10200 W 26th Avenue in Lakewood, Colorado, in the Applewood/Morse Park area. The site is zoned M N S (Mixed Use – Neighborhood – Suburban).
Zoning supports a range of lower-intensity neighborhood-scale commercial and residential uses by right, including office, personal services, retail, restaurant, and indoor entertainment and fitness, as well as certain community-oriented uses.
Key Highlights
- 2,400 SF standalone retail and office building on a 0.29‑acre (approx. 12,627 SF) lot at 10200 W 26th Avenue in Lakewood, CO.
- Renovated in 2025 with new flooring and energy‑efficient LED lighting.
- Interior layout includes a reception area, three private offices, two bathrooms, kitchenette, and large open work area.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,115
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$722,300
$722.3K
Cap Rate 7%
$515,929
$515.9K
Cap Rate 9%
$401,278
$401.3K
Market Conditions
NOI Build-Up for 2,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.4K $26.40/SF
− Vacancy
−$15.2K −$6.34/SF
EGI
$48.2K $20.06/SF
− OpEx
−$12.0K −$5.02/SF
NOI
$36.1K $15.05/SF
Area
Lakewood, CO
Vacancy
24.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$722,300
Cap Rate 7%
$515,929
Cap Rate 9%
$401,278
Alternative Uses
Best Use
Office B
$515.9K
$451.4K – $601.9K
NOI $36,115 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$461.2K
$403.5K – $538.0K
NOI $32,281 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$718.8K
$629.0K – $838.7K
NOI $50,319 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Move-in ready standalone building with reception, offices, open work area, and renovated interior lighting.
Where is this office building located?
The property is located at 10200 W 26th Ave Lakewood, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,400 SF standalone retail and office building on a 0.29‑acre (approx. 12,627 SF) lot at 10200 W 26th Avenue in Lakewood, CO.; Renovated in 2025 with new flooring and energy‑efficient LED lighting.; Interior layout includes a reception area, three private offices, two bathrooms, kitchenette, and large open work area.
