Flex Office/Warehouse with Drive-In
12295 Pennsylvania St Units 2 & 3 Thornton, CO 80241
12295 Pennsylvania St Units 2 & 3, Thornton, CO, 80241
Contact for pricing
For Sale
Contact for pricing
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 Market93
Property Features for 12295 Pennsylvania St Units 2 & 3
General Information
- Standard status
- Active
- Size
- 2,023 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 2008
Listing agency
Kinsey & Company Commercial Real Estate
(303) 847-1295
Listed by
Brady Kinsey · License #FA100049160
Source
Crexi
Added: Apr 21 Updated: Jul 21 at 6:34AM Checked: Jul 21 at 6:34AM
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 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
Local Financial Insights For Office B
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 | $53.4k | $26.40 |
| − Vacancy | −$13.4k | −$6.60 |
| EGI | $40.1k | $19.80 |
| − OpEx | −$10.0k | −$4.95 |
| NOI | $30.0k | $14.85 |
2,023 SF · lease $26.40/SF/yr · vacancy 25.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$429.2K
$375.5K – $500.7K
NOI $30,042 @ 7.0% cap · market cap 4.23%
Second Best
Flex RnD
$350.6K
$306.8K – $409.1K
NOI $24,545 @ 7.0% cap · market cap 3.46%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Campfire Hotdog Grill — 12287 Monroe Pl, Thornton, CO 80241
- Slavinka — colorado blvd, thornton, co 80241
FAQs
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