Net-Leased Retail
12505 W 52ND AVE Arvada, CO 80002
12505 W 52ND AVE, Arvada, CO, 80002
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For Sale
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Stabilized single-tenant net lease occupied by Office Depot with true NNN expense responsibility.
Property Size21,238 SF
Price / SF$188.34
Days on Market50
Property Features for 12505 W 52ND AVE
General Information
- Standard status
- Active
- Size
- 21,238 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2008
Listing agency
Digby Commercial Advisors
Listed by
Lauren Moyer · License #FA.100101892
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 1:52PM Checked: Jul 20 at 3:00AM
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 Digby Commercial Advisors
Investment Insights
Based on property information with market context.
12505 W 52ND AVE offers a stabilized, single-tenant net leased retail building currently occupied by Office Depot. The property is structured as a true NNN lease, with the tenant responsible for property taxes, insurance, CAM expenses, utilities, and the majority of day-to-day operating costs. This format is designed to reduce landlord involvement while maintaining clear expense responsibility under the lease.
The site is located in the Arvada trade area near I-70 and Ward Road, supporting convenient regional access. Office Depot has operated at the property since 2009, providing continuity of occupancy.
For investors and 1031 Exchange buyers seeking a passive, net-leased retail asset, this offering provides a single-tenant structure with broad operating expense coverage assigned to the tenant. The current tenancy by a nationally recognized retailer may be an important consideration for buyers evaluating long-term, institutionally styled net lease investments.
The site is located in the Arvada trade area near I-70 and Ward Road, supporting convenient regional access. Office Depot has operated at the property since 2009, providing continuity of occupancy.
For investors and 1031 Exchange buyers seeking a passive, net-leased retail asset, this offering provides a single-tenant structure with broad operating expense coverage assigned to the tenant. The current tenancy by a nationally recognized retailer may be an important consideration for buyers evaluating long-term, institutionally styled net lease investments.
Key Highlights
- Single‑tenant net leased property occupied by Office Depot since 2009
- Built in 2008
- True NNN lease: tenant pays property taxes, insurance, CAM expenses, and utilities
Local Financial Insights For Retail
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 | $458.7k | $21.60 |
| − Vacancy | −$39.0k | −$1.84 |
| EGI | $419.7k | $19.76 |
| − OpEx | −$125.9k | −$5.93 |
| NOI | $293.8k | $13.83 |
21,238 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.20M
$3.67M – $4.90M
NOI $293,823 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.68M
$4.97M – $6.63M
NOI $397,575 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CDReload - Online Bitcoin ...
Crypto Atm
Office Depot Print ...
(Bike/Boat/Book/etc) Store
FedEx ShipSite
Postal Service
Linder Labradoodles & Bernedoodles
Pet Store
Office Depot Tech ...
IT Consulting Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Stabilized single-tenant net lease occupied by Office Depot with true NNN expense responsibility.
Where is this retail space located?
The property is located at 12505 W 52ND AVE Arvada, CO.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Single‑tenant net leased property occupied by Office Depot since 2009; Built in 2008; True NNN lease: tenant pays property taxes, insurance, CAM expenses, and utilities
