Warehouse Building for
For Sale
Contact for pricing
1270-1276 S Bannock Street, Denver, CO 80223
For-sale industrial building totaling 9,123 SF at 1270–1276 S Bannock Street.
Property Size9,123 SF
Price / SF$186.34
Days on Market101
Property Features for 1270-1276 S Bannock Street
General Information
Standard status
Active
Size
9,123 SF
Property subtype
Industrial
Zoning
I-A (Industrial)
Investment Type
Owner/User
Building Details
Year Renovated
2020
Tenancy
Multi
Listing Agency:
Unique Properties, Inc
Listed By:
Brad Gilpin · License #CO EA.100007414
(303) 321-5888
Source:
Crexi
Added: Jun 2
Changed: Sep 5
Last Checked: Sep 10 at 6:50AM
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 Unique Properties, Inc
Investment Insights
Based on property information with market context.
This for-sale warehouse building totals 9,123 SF. The property is offered as an industrial asset suited for commercial storage or light distribution use cases where a dedicated warehouse footprint is needed.
The building is located at 1270–1276 S Bannock Street in Denver, Colorado (80223). The site is presented as a single property offering for buyers seeking a warehouse building within the Denver market.
With the property’s confirmed industrial warehouse classification and defined building size, it may fit tenants or owner-operators looking for a warehouse facility to support logistics, inventory storage, or general industrial operations. Interested parties should review the space configuration, access, and any tenant or operational requirements as part of their due diligence, since those details are not provided in the public information.
The building is located at 1270–1276 S Bannock Street in Denver, Colorado (80223). The site is presented as a single property offering for buyers seeking a warehouse building within the Denver market.
With the property’s confirmed industrial warehouse classification and defined building size, it may fit tenants or owner-operators looking for a warehouse facility to support logistics, inventory storage, or general industrial operations. Interested parties should review the space configuration, access, and any tenant or operational requirements as part of their due diligence, since those details are not provided in the public information.
Key Highlights
- For‑sale industrial building totaling 9,123 SF
- Building address: 1270–1276 S Bannock Street
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$94,274
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,885,480
$1.9M
Cap Rate 7%
$1,346,771
$1.3M
Cap Rate 9%
$1,047,489
$1.0M
Market Conditions
NOI Build-Up for 9,123 SF
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.
Gross rent
$120.4K $13.20/SF
− Vacancy
−$9.5K −$1.04/SF
EGI
$110.9K $12.16/SF
− OpEx
−$16.6K −$1.82/SF
NOI
$94.3K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,885,480
Cap Rate 7%
$1,346,771
Cap Rate 9%
$1,047,489
Alternative Uses
Best Use
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,274 @ 7.0% cap · market cap 5.55%
Second Best
Industrial
$1.11M
$968.6K – $1.29M
NOI $77,485 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$2.90M
$2.54M – $3.39M
NOI $203,293 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,878
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Denver, CO
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - For-sale industrial building totaling 9,123 SF at 1270–1276 S Bannock Street.
Where is this warehouse located?
The property is located at 1270-1276 S Bannock Street Denver, CO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: For‑sale industrial building totaling 9,123 SF; Building address: 1270–1276 S Bannock Street
