1401 W Evans Ave Denver, CO 80223
271-unit self-storage facility in central Denver with low vacancies.
Property Features for 1401 W Evans Ave
General Information
- Standard status
- Active
- Size
- 24,572 SF
- Property subtype
- Industrial
Listing office (303) 888-4476
Listing date Nov 21, 2025
Source Pinnaclerea
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 Kristjan Danis
Investment Insights
Based on property information with market context.
Key Highlights
- Central Denver location with consistently low vacancies
- 271 Unit Self Storage Facility
- Drive‑up and indoor storage units as well as leased truck/trailer parking
Local Financial Insights For Self Storage
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 | $353.8k | $14.40 |
| − Vacancy | −$28.3k | −$1.15 |
| EGI | $325.5k | $13.25 |
| − OpEx | −$97.7k | −$3.97 |
| NOI | $227.9k | $9.27 |
