End-Cap Unit with
For Sale
$259,000
13303 E Adam Aircraft Circle D64, Englewood, CO 80112
Flex space with mezzanine and custom wine cooler for sale.
Property Size1,160 SF
Price / SF$223.28
Days on Market274
Property Features for 13303 E Adam Aircraft Circle D64
General Information
Standard status
Active
Size
1,160 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$5,044
Building Details
Year Built
2015
Listing Agency:
RE/MAX Professionals
(303) 985-4555
Listed By:
Elizabeth Lee · License #100086224
(248) 770-0108
Source:
Exitrealty
Added: Dec 7, 2025
Changed: Sep 5
Last Checked: Sep 7 at 4:58AM
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 RE/MAX Professionals
Investment Insights
Based on property information with market context.
This end-cap unit features floor-to-ceiling windows and includes 400 square feet of mezzanine space within its total area of 1160 square feet. A custom, built-in wine cooler is installed, catering to wine enthusiasts. The unit is located directly across from the "Owners Lounge".
Key Highlights
- Rare end‑cap unit
- Floor to ceiling windows provide great natural light
- Located directly across from the "Owners Lounge"
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
$8,707
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
3.36%
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%
$174,140
$174.1K
Cap Rate 7%
$124,386
$124.4K
Cap Rate 9%
$96,744
$96.7K
Market Conditions
NOI Build-Up for 1,160 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
$13.4K $11.58/SF
− Vacancy
−$994 −$0.86/SF
EGI
$12.4K $10.72/SF
− OpEx
−$3.7K −$3.22/SF
NOI
$8.7K $7.51/SF
Area
Arapahoe County, CO
Vacancy
7.40%
Lease Rate
$11.58 /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%
$174,140
Cap Rate 7%
$124,386
Cap Rate 9%
$96,744
Alternative Uses
Best Use
Industrial
$124.4K
$108.8K – $145.1K
NOI $8,707 @ 7.0% cap · market cap 3.36%
Second Best
Flex RnD
$115.5K
$101.1K – $134.8K
NOI $8,085 @ 7.0% cap · market cap 3.12%
Theoretical Best
Multifamily LT 5
$17.22M
$15.07M – $20.09M
NOI $1,205,561 @ 7.0% cap · market cap 465.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80112, CO
35,713
Population
16,874
Households
2.1
Avg Household Size
36
Median Age
62%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
2,006
Density / Sq Mi
$107,504
Median Household Income
$61,944
Median Earnings
$1,948
Median Rent
$627,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space with mezzanine and custom wine cooler for sale.
Where is this flex space located?
The property is located at 13303 E Adam Aircraft Circle D64 Englewood, CO.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Rare end‑cap unit; Floor to ceiling windows provide great natural light; Located directly across from the "Owners Lounge"
