Net-Leased Retail
For Sale
Contact for pricing
12505 W 52ND AVE, Arvada, CO 80002
Stabilized single-tenant net lease occupied by Office Depot with true NNN expense responsibility.
Property Size21,238 SF
Price / SF$188.34
Days on Market143
Property Features for 12505 W 52ND AVE
General Information
Standard status
Active
Size
21,238 SF
Class
B
Property subtype
Retail
Zoning
C-1
Occupancy
100%
Lease Type
NNN
Net Operating Income
$248,921
Additional Details
Highway Access
Yes
Building Details
Year Built
2008
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Digby Commercial Advisors
Listed By:
Lauren Moyer · License #FA.100101892
(720) 843-1330
Source:
Crexi
Added: Jun 2
Changed: Oct 15
Last Checked: Oct 20 at 7:31PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$293,823
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,876,460
$5.9M
Cap Rate 7%
$4,197,471
$4.2M
Cap Rate 9%
$3,264,700
$3.3M
Market Conditions
NOI Build-Up for 21,238 SF
Gross rent
$458.7K $21.60/SF
− Vacancy
−$39.0K −$1.84/SF
EGI
$419.7K $19.76/SF
− OpEx
−$125.9K −$5.93/SF
NOI
$293.8K $13.83/SF
Area
Arvada, CO
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,876,460
Cap Rate 7%
$4,197,471
Cap Rate 9%
$3,264,700
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,004
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Office Supplies 52%
Shops & Services 48%
Office Depot
Office Supplies
5,433 visits/mo
0.1 miles
Mobil
Shops & Services
4,931 visits/mo
0.4 miles
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
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
