Building Details

Tenancy Multi

Listing Agency: Gibbons-White, Inc. Show Phone

Listed By: Michael-Ryan McCarty · License #FA.040029628 Show Phone

Source: Exprealty

Added: Oct 14, 2025 Changed: Oct 25 Last Checked: Nov 3 at 11:02AM

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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 Gibbons-White, Inc.

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Investment Insights

Based on property information with market context.

This 4,029-square-foot commercial condominium is configured for mixed professional and customer-facing uses. The former medical clinic includes multiple offices and exam rooms, a reception and waiting area, kitchenette, administrative space, and storage. The layout can support office, medical, retail, or personal-service occupancy, subject to applicable requirements.

Located at 200-290 Nickel St in Broomfield, the property sits near 120th Ave and Hwy 287 with access to US 36. B-2 General Business District zoning permits a broad range of uses, including retail, personal services, banking, restaurants, recreation, office, and medical applications. The sale includes 9 reserved parking spaces. Nearby businesses named in the property information include Trek Bicycle, Green Dental, Bouquet Boutique Florist, Tai Chi Chuan, and Live Love Dance Studio.

Key Highlights

• 4,029 SF commercial condominium
• Former medical clinic with offices, exam rooms, reception, waiting area, kitchenette, admin, and storage
• B‑2 General Business District zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$64,352

Cap Rate

6.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,287,040 $1.3M

Cap Rate 7%

$919,314 $919.3K

Cap Rate 9%

$715,022 $715.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,029 SF

Gross rent

$97.2K $24.12/SF

− Vacancy

−$5.2K −$1.30/SF

EGI

$91.9K $22.82/SF

− OpEx

−$27.6K −$6.85/SF

NOI

$64.4K $15.97/SF

Area

Jefferson County, CO

Vacancy

5.40%

Lease Rate

$24.12 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,287,040

Cap Rate 7%

$919,314

Cap Rate 9%

$715,022

Alternative Uses

Best Use

Retail

$919.3K

$804.4K – $1.07M (±1% cap)

NOI $64,352 @ 7.0% cap · market cap 6.47%

Second Best

Mixed Use

$807.0K

$706.1K – $941.5K (±1% cap)

NOI $56,490 @ 7.0% cap · market cap 5.68%

Theoretical Best

Multifamily LT 5

$8.97M

$7.85M – $10.46M (±1% cap)

NOI $627,619 @ 7.0% cap · market cap 63.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Repair Shop Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

79

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Flexible commercial condominium with clinic improvements, business zoning, and reserved parking.

Where is this mixed-use property located?

The property is located at 200-290 Nickel St Broomfield, CO.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: 4,029 SF commercial condominium; Former medical clinic with offices, exam rooms, reception, waiting area, kitchenette, admin, and storage; B‑2 General Business District zoning