Net Leased Retail Office
For Sale
Contact for pricing
12505 West 52nd Avenue, Arvada, CO 80002
Stabilized single-tenant net lease property occupied by Office Depot since 2009, with tenant paying taxes, insurance, CAM, and utilities.
Property Size21,238 SF
Price / SF$188.34
Days on Market65
Property Features for 12505 West 52nd Avenue
General Information
Standard status
Active
Size
21,238 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Digby Commercial Advisors
(720) 402-7578
Listed By:
Tanner Digby, SIOR · License #ER100077815
(720) 402-7578
Source:
Moodyscre
Added: Jun 2
Changed: Jul 26
Last Checked: Jul 26 at 4:48AM
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 Avenue is a stabilized single-tenant, net leased property currently occupied by Office Depot, which has operated at the site since 2009. The lease is described as a true NNN structure, with the tenant responsible for property taxes, insurance, CAM expenses, utilities, and the majority of day-to-day operating costs.
The property is located in the Arvada trade area near I-70 and Ward Road, supporting regional access.
This offering is presented as a stabilized, investment-grade asset with minimal landlord responsibilities under the NNN lease structure.
The property is located in the Arvada trade area near I-70 and Ward Road, supporting regional access.
This offering is presented as a stabilized, investment-grade asset with minimal landlord responsibilities under the NNN lease structure.
Key Highlights
- Single‑tenant net lease investment occupied by Office Depot.
- Tenant has operated at the property since 2009.
- True NNN structure: tenant responsible for property taxes, insurance, CAM, and utilities.
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 authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Stabilized single-tenant net lease property occupied by Office Depot since 2009, with tenant paying taxes, insurance, CAM, and utilities.
Where is this nnn property located?
The property is located at 12505 West 52nd Avenue 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 lease investment occupied by Office Depot.; Tenant has operated at the property since 2009.; True NNN structure: tenant responsible for property taxes, insurance, CAM, and utilities.
