Flex Office/Warehouse with Drive-In
For Sale
Contact for pricing
12295 Pennsylvania St Units 2 & 3, Thornton, CO 80241
Built-out flex configuration with private office, lobby, showroom, warehouse area, and ADA restrooms for each unit.
Property Size2,023 SF
Price / SF$350.96
Days on Market188
Property Features for 12295 Pennsylvania St Units 2 & 3
General Information
Standard status
Active
Size
2,023 SF
Class
B
Property subtype
Industrial, Office
Investment Type
Owner/User
Site & Location
Neighborhood
Oaks at Eastlake
Additional Details
Business Included
Yes
Drive-In Doors
2
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
2
Listing Agency:
Kinsey & Company Commercial Real Estate
Listed By:
Brady Kinsey · License #FA100049160
(303) 847-1295
Source:
Crexi
Added: Apr 21
Changed: Oct 15
Last Checked: Oct 24 at 2:35PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex office/warehouse property features an efficient office build-out alongside warehouse and showroom space. The layout includes a private office and lobby, with warehouse and showroom areas designed to support day-to-day operations. Two 10-foot drive-in doors provide direct loading access, and each unit includes its own ADA restroom.
The offering includes Units 2 and 3 and can be sold together or separately. Public remarks note that the business is currently operating, and all tours must be coordinated through the listing broker.
As configured, the units provide dedicated office and amenity space within a functional warehouse environment, with separate ADA restroom facilities for each unit.
The offering includes Units 2 and 3 and can be sold together or separately. Public remarks note that the business is currently operating, and all tours must be coordinated through the listing broker.
As configured, the units provide dedicated office and amenity space within a functional warehouse environment, with separate ADA restroom facilities for each unit.
Key Highlights
- 2008‑built office/flex space with a built‑out configuration designed for flexible use
- Two 10‑foot drive‑in doors to support office, showroom, and warehouse operations
- Each unit includes its own ADA restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,545
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,900
$490.9K
Cap Rate 7%
$350,643
$350.6K
Cap Rate 9%
$272,722
$272.7K
Market Conditions
NOI Build-Up for 2,023 SF
Gross rent
$41.3K $20.40/SF
− Vacancy
−$3.5K −$1.73/SF
EGI
$37.8K $18.67/SF
− OpEx
−$13.2K −$6.53/SF
NOI
$24.5K $12.13/SF
Area
Thornton, CO
Vacancy
8.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,900
Cap Rate 7%
$350,643
Cap Rate 9%
$272,722
Alternative Uses
Best Use
Flex RnD
$350.6K
$306.8K – $409.1K
NOI $24,545 @ 7.0% cap · market cap 3.46%
Second Best
Warehouse
$277.7K
$243.0K – $324.0K
NOI $19,442 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$605.9K
$530.2K – $706.9K
NOI $42,415 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Campfire Hotdog Grill — 12287 Monroe Pl, Thornton, CO 80241
- Slavinka — colorado blvd, thornton, co 80241
Frequently Asked Questions
What type of property is this?
Flex space - Built-out flex configuration with private office, lobby, showroom, warehouse area, and ADA restrooms for each unit.
Where is this flex space located?
The property is located at 12295 Pennsylvania St Units 2 & 3 Thornton, CO.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 2008‑built office/flex space with a built‑out configuration designed for flexible use; Two 10‑foot drive‑in doors to support office, showroom, and warehouse operations; Each unit includes its own ADA restroom
