Thornton Manufacturing Facility For
12300 Grant Street, Thornton, CO 80241
144,425 SF high-tech manufacturing facility 100% leased.
Type:High Tech Manufacturing
Property size:
144,425 SFLot size:
9.90 AcresPrice / SF:
$136/SF- Added:
- Mar 5, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 11:43 pm
Property Features for 12300 Grant Street
General Information
- Standard status
- Active
- Size
- 144,425 SF
- Lot size
- 9.90 Acres
- Property subtype
- High Tech Manufacturing
Building Details
- Year Built
- 1977
Listing agent RC Myles, CCIM, SIOR (303) 947-7850
Listing office (303) 947-7850
Listing date Mar 5, 2026
Source Pinnaclerea
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 RC Myles, CCIM, SIOR
HighLights
- 100% leased to two quality tenants.
- Located in the Washington Square Business Park with excellent access to I‑25, E‑470, and I‑70.
- Leases in place until 2027 and 2029.
- 144,425 SF high tech manufacturing facility.
- Located on 9.9 acres of land.
- Excellent access to Broomfield/Boulder, Fort Collins/Loveland and Denver International Airport.
Overview
This 144,425 square foot high-tech manufacturing facility is located in Thornton, Colorado, and is situated on 9.9 acres of land. The building is fully leased to two tenants. One lease expires in 2027, and the other in 2029. The property is located on the east side of I-25, just north of the 120th Avenue interchange in the Washington Square Business Park. The location allows access to the north metropolitan area, including Broomfield, Boulder, Fort Collins, Loveland, and Denver International Airport. Immediate access is available to Interstate 25, E-470, and I-70.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$12.70M
NOI $1,143,025 @ 9.00% cap · cautious / downside scenario
Moderate
$16.33M
NOI $1,143,025 @ 7.00% cap · market / base-case scenario
Aggressive
$22.86M
NOI $1,143,025 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Industrial
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.78M | $12.30 |
| − Vacancy | −$143.5k | −$0.99 |
| EGI | $1.63M | $11.31 |
| − OpEx | −$489.9k | −$3.39 |
| NOI | $1.14M | $7.91 |
144,425 SF · lease $12.30/SF/yr · vacancy 8.08% · expense 30.00%
Alternative Use Scenarios
Best Use
Industrial
$16.33M
$14.29M – $19.05M
NOI $1,143,025 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$43.26M
$37.85M – $50.47M
NOI $3,028,072 @ 7.0% cap · market cap 15.33%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Thornton
- County
- Adams
- State
- Colorado
- Longitude
- -104.953
- Latitude
- 39.929
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 144,425 SF high-tech manufacturing facility 100% leased.
Where is this manufacturing property located?
The property is located at 12300 Grant Street Thornton, CO.
What is the asking price?
The asking price for this property is $19,750,000.
What are key features of this property?
This property features: 100% leased to two quality tenants.; Located in the Washington Square Business Park with excellent access to I‑25, E‑470, and I‑70.; Leases in place until 2027 and 2029.
