462-478 Malley Dr, Commerce City, CO
Fully occupied retail property with long-term leases and rental increases.
- Added:
- Apr 2, 2025
- Days on Market:
- 448
- Last Refresh:
- May 20 at 8:54 pm
Property Features for 462-478 Malley Dr
General Information
- Standard status
- Active
- Size
- 14,472 SF
- Lot size
- 2.16 Acres
- Property subtype
- RETAIL
Listing agent Robert Edwards (720) 966-1630
Listing office Blue West Capital, LLC (720) 966-1630
Listing date Apr 2, 2025
Source Moodyscre
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 Blue West Capital, LLC
HighLights
- Entirely NNN leases offering passive ownership.
- 100% occupied by e‑commerce‑resistant, service‑based tenants.
- Enjoy a Weighted Average Lease Term (WALT) of 6.9 years.
- Scheduled average annual rental increases of 2.65%.
- Dominant cannabis tenant with 2.1% Rent‑to‑Gross Sales.
- Dominant cannabis tenant with a strong (~9x) EBITDAR‑to‑Rent Ratio.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $390.7k | $27.00 |
| − Vacancy | −$17.2k | −$1.19 |
| EGI | $373.6k | $25.81 |
| − OpEx | −$112.1k | −$7.74 |
| NOI | $261.5k | $18.07 |
Alternative Uses
Current Use by Public Records
Map
- City
- Commerce City
- County
- Adams
- State
- Colorado
- Longitude
- -104.93
- Latitude
- 39.82
