Evans Office Building with
3939 Carson Ave Evans, CO 80620
For Sale
$2,900,000
Two-story office building with garage, fully leased until 2027.
Property Size15,600 SF
Lot Size3.70 Acres
Price / SF$185.90
Days on Market97
Property Features for 3939 Carson Ave
General Information
Standard status
Active
Size
15,600 SF
Lot size
3.70 Acres
Property subtype
Commercial
Building Details
Year Built
1993
Listing Agency:
eXp - Greeley
(970) 301-0266
Listed By:
Brian Franzen · License #100050604
(970) 301-0266
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 2:16PM
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 eXp - Greeley
Investment Insights
Based on property information with market context.
This two-story office building, constructed in 1993, offers 15,600 square feet of space and is situated on 3.7 acres. The property is 100% leased through March 2027 under a NNN lease agreement. The building features several offices and conference rooms. The first floor includes a break room and a copy room. The second floor contains executive offices and an open, expansive modern workplace. Additionally, there is a 1,200 square foot light utility garage with overhead doors located inside a fenced and gated yard. The property is located in the Platte Industrial Center in Evans, CO, with proximity to Hwy 34 and Hwy 85, providing excellent regional access. The location has a walk score of 75, indicating it is very walkable, and a bike score of 59, indicating it is bikeable.
Key Highlights
- 100% leased through March 2027 (NNN)
- 15,600 square foot, 2‑story office building
- Located in Platte Industrial Center with proximity to Hwy 34 and Hwy 85 for excellent regional access
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 | $280.8k | $18.00 |
| − Vacancy | −$15.4k | −$0.99 |
| EGI | $265.4k | $17.01 |
| − OpEx | −$66.3k | −$4.25 |
| NOI | $199.0k | $12.76 |
15,600 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.84M
$2.49M – $3.32M
NOI $199,017 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with garage, fully leased until 2027.
Where is this office building located?
The property is located at 3939 Carson Ave Evans, CO.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 100% leased through March 2027 (NNN); 15,600 square foot, 2‑story office building; Located in Platte Industrial Center with proximity to Hwy 34 and Hwy 85 for excellent regional access
