Single-Tenant NNN Retail Corner
For Sale
Contact for pricing
1292 E BRIDGE ST, Brighton, CO 80601
Single-tenant retail asset offered with about 4.75 years left on a triple-net lease.
Property Size9,400 SF
Price / SF$236.70
Days on Market80
Property Features for 1292 E BRIDGE ST
General Information
Standard status
Active
Size
9,400 SF
Total Parking Spaces
27
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$153,216
Site & Location
Traffic Count
19,500 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1996
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Blue West Capital
Listed By:
Robert Edwards · License #ER.040032759
Source:
Crexi
Added: Jun 3
Changed: Aug 7
Last Checked: Aug 21 at 2:38PM
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 Blue West Capital
Investment Insights
Based on property information with market context.
The offering is a single-tenant Advance Auto Parts retail property built for a long-term NNN structure. The lease has approximately 4.75 years remaining on a triple-net basis, with a below-market rental rate noted in the offering materials. The property size is 9,400 square feet, and it is presented for sale by Blue West Capital.
The site is positioned at the intersection of E Bridge St and S 13th Ave in Brighton, Colorado, supporting bi-directional access from both cross streets. E Bridge St is described as having approximately 19.5k vehicles per day, and the property sits along the primary corridor through Brighton.
For a buyer, this is a straightforward NNN investment centered on an in-place single-tenant retail operation, with the remaining lease term clearly identified. The surrounding market context provided in the materials highlights Brighton’s growth within the Denver MSA and includes demographic indicators such as average household income of $122,000+ within a 3-mile radius, along with anticipated population growth of 1.30% over the next five years. The combination of corner access and a tenant-specific, triple-net lease may appeal to investors seeking a retail asset with a defined remaining term.
The site is positioned at the intersection of E Bridge St and S 13th Ave in Brighton, Colorado, supporting bi-directional access from both cross streets. E Bridge St is described as having approximately 19.5k vehicles per day, and the property sits along the primary corridor through Brighton.
For a buyer, this is a straightforward NNN investment centered on an in-place single-tenant retail operation, with the remaining lease term clearly identified. The surrounding market context provided in the materials highlights Brighton’s growth within the Denver MSA and includes demographic indicators such as average household income of $122,000+ within a 3-mile radius, along with anticipated population growth of 1.30% over the next five years. The combination of corner access and a tenant-specific, triple-net lease may appeal to investors seeking a retail asset with a defined remaining term.
Key Highlights
- Single‑tenant retail asset built in 1996 at 1292 E Bridge St, Brighton, CO 80601
- Triple‑net (NNN) lease with about 4.75 years remaining term
- Lease has a below‑market rental rate of $16.30/SF
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
$106,241
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
4.77%
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%
$2,124,820
$2.1M
Cap Rate 7%
$1,517,729
$1.5M
Cap Rate 9%
$1,180,456
$1.2M
Market Conditions
NOI Build-Up for 9,400 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
$169.2K $18.00/SF
− Vacancy
−$17.4K −$1.85/SF
EGI
$151.8K $16.15/SF
− OpEx
−$45.5K −$4.84/SF
NOI
$106.2K $11.30/SF
Area
Weld County, CO
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,124,820
Cap Rate 7%
$1,517,729
Cap Rate 9%
$1,180,456
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.77M
NOI $106,241 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.71M
$1.50M – $2.00M
NOI $119,921 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
19,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
103k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 37%
Groceries 21%
Home Improvements & Furnishings 4%
Safeway
Groceries
21,726 visits/mo
0.3 miles
Santiago's
Dining
15,760 visits/mo
0.1 miles
7-Eleven
Shops & Services
10,441 visits/mo
0.2 miles
Taco Bell
Dining
10,055 visits/mo
0.2 miles
Burger King
Dining
9,689 visits/mo
0.2 miles
Demographics for 80601, CO
40,460
Population
13,885
Households
2.9
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
26.2 sq mi
ZIP Area
1,544
Density / Sq Mi
$99,031
Median Household Income
$49,378
Median Earnings
$1,729
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset offered with about 4.75 years left on a triple-net lease.
Where is this nnn property located?
The property is located at 1292 E BRIDGE ST Brighton, CO.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Single‑tenant retail asset built in 1996 at 1292 E Bridge St, Brighton, CO 80601; Triple‑net (NNN) lease with about 4.75 years remaining term; Lease has a below‑market rental rate of $16.30/SF
