Freestanding Industrial
New
For Sale
$2,000,000
11625 Reed Ct, Broomfield, CO 80020
Standalone warehouse with outdoor storage, loading capability, office space, and flexible occupancy options.
Property Size11,000 SF
Days on Market2
Property Features for 11625 Reed Ct
General Information
Standard status
Active
Size
11,000 SF
Property subtype
Industrial
Building Details
Building Size
11,000 SF
Year Built
1996
Listing Agency:
Unique Properties LLC
Listed By:
Brett MacDougall · License #100049630
(201) 274-5768
Source:
Uniqueprop
Added: Sep 1
Last Checked: Sep 1 at 10:25PM
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 LLC
Investment Insights
Based on property information with market context.
This freestanding warehouse contains 11,000 SF and was constructed in 1996. The property includes functional office space, loading capability, parking, and outdoor storage for material or equipment staging. Its standalone layout supports on-site circulation and day-to-day industrial operations.
Approximately 50% of the building is available for immediate occupancy, creating flexibility for an owner-user or an investor. The office area has been recently refreshed, and the property is located in Broomfield, Colorado.
Approximately 50% of the building is available for immediate occupancy, creating flexibility for an owner-user or an investor. The office area has been recently refreshed, and the property is located in Broomfield, Colorado.
Key Highlights
- 11,000 SF freestanding warehouse constructed in 1996
- Approximately 50% of the building available for immediate occupancy
- Outdoor storage area for material or equipment staging
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
$92,355
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
4.62%
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%
$1,847,100
$1.8M
Cap Rate 7%
$1,319,357
$1.3M
Cap Rate 9%
$1,026,167
$1.0M
Market Conditions
NOI Build-Up for 11,000 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
$151.8K $13.80/SF
− Vacancy
−$9.7K −$0.88/SF
EGI
$142.1K $12.92/SF
− OpEx
−$49.7K −$4.52/SF
NOI
$92.4K $8.40/SF
Area
Jefferson County, CO
Vacancy
6.40%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
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%
$1,847,100
Cap Rate 7%
$1,319,357
Cap Rate 9%
$1,026,167
Alternative Uses
Best Use
Flex RnD
$1.32M
$1.15M – $1.54M
NOI $92,355 @ 7.0% cap · market cap 4.62%
Second Best
Industrial
$1.22M
$1.07M – $1.42M
NOI $85,243 @ 7.0% cap · market cap 4.26%
Theoretical Best
Multifamily LT 5
$24.48M
$21.42M – $28.56M
NOI $1,713,528 @ 7.0% cap · market cap 85.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80020, CO
52,141
Population
21,607
Households
2.4
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.8 sq mi
ZIP Area
2,633
Density / Sq Mi
$114,039
Median Household Income
$58,056
Median Earnings
$2,024
Median Rent
$570,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Standalone warehouse with outdoor storage, loading capability, office space, and flexible occupancy options.
Where is this warehouse located?
The property is located at 11625 Reed Ct Broomfield, CO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 11,000 SF freestanding warehouse constructed in 1996; Approximately 50% of the building available for immediate occupancy; Outdoor storage area for material or equipment staging
