Flex Space with Drive-In
For Sale
Contact for pricing
12295 Pennsylvania St Unit 3, Thornton, CO 80241
Office, showroom, warehouse, and lobby areas support a versatile commercial layout.
Property Size1,079 SF
Price / SF$338.28
Days on Market178
Property Features for 12295 Pennsylvania St Unit 3
General Information
Standard status
Active
Size
1,079 SF
Class
B
Property subtype
Industrial, Office
Investment Type
Owner/User
Additional Details
Drive-In Doors
1
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Kinsey & Company Commercial Real Estate
Listed By:
Brady Kinsey · License #FA100049160
(303) 847-1295
Source:
Crexi
Added: Apr 21
Changed: Oct 11
Last Checked: Oct 14 at 9:13PM
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 Kinsey & Company Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex space was built in 2008 and combines a private office, lobby, showroom, and warehouse area within an efficient commercial configuration. The unit includes one 10-foot drive-in door and its own ADA restroom, supporting both office and operational functions.
Parking is located along the eastern side of the building and is shared with the other condominium owners. The unit may be sold separately or together with the neighboring unit. Tours must be coordinated through the listing broker while the business remains in operation.
Parking is located along the eastern side of the building and is shared with the other condominium owners. The unit may be sold separately or together with the neighboring unit. Tours must be coordinated through the listing broker while the business remains in operation.
Key Highlights
- One 10‑foot drive‑in door
- Private office, lobby, showroom, and warehouse areas
- Dedicated ADA restroom within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,023
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,460
$320.5K
Cap Rate 7%
$228,900
$228.9K
Cap Rate 9%
$178,033
$178.0K
Market Conditions
NOI Build-Up for 1,079 SF
Gross rent
$28.5K $26.40/SF
− Vacancy
−$7.1K −$6.60/SF
EGI
$21.4K $19.80/SF
− OpEx
−$5.3K −$4.95/SF
NOI
$16.0K $14.85/SF
Area
Thornton, CO
Vacancy
25.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,460
Cap Rate 7%
$228,900
Cap Rate 9%
$178,033
Alternative Uses
Best Use
Office B
$228.9K
$200.3K – $267.1K
NOI $16,023 @ 7.0% cap · market cap 4.39%
Second Best
Flex RnD
$187.0K
$163.6K – $218.2K
NOI $13,091 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$323.2K
$282.8K – $377.1K
NOI $22,623 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80241, CO
33,097
Population
12,724
Households
2.6
Avg Household Size
37
Median Age
41%
College-Educated
92%
High-School Grad
6.6 sq mi
ZIP Area
5,015
Density / Sq Mi
$107,553
Median Household Income
$51,614
Median Earnings
$2,036
Median Rent
$502,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Campfire Hotdog Grill — 12287 Monroe Pl, Thornton, CO 80241
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Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, warehouse, and lobby areas support a versatile commercial layout.
Where is this flex space located?
The property is located at 12295 Pennsylvania St Unit 3 Thornton, CO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: One 10‑foot drive‑in door; Private office, lobby, showroom, and warehouse areas; Dedicated ADA restroom within the unit
