Flex Warehouse with
For Sale
Contact for pricing
2200 Chambers Road Unit I, Aurora, CO 80011
Functional flex unit combines warehouse space with office area and mezzanine for practical storage and operational support.
Property Size1,500 SF
Price / SF$220
Days on Market69
Property Features for 2200 Chambers Road Unit I
General Information
Standard status
Active
Size
1,500 SF
Class
B
Property subtype
Industrial
Zoning
I-2 (Business/Tech District)
Investment Type
Owner/User
Building Details
Year Built
1984
Listing Agency:
NavPoint Real Estate Group
(720) 420-7530
Listed By:
Steele Luoma · License #FA.100110213
Source:
Crexi
Added: Jun 5
Changed: Aug 10
Last Checked: Aug 12 at 3:22PM
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 NavPoint Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale flex warehouse unit is configured with approximately 25% office space and 75% warehouse area, plus an additional 450 SF mezzanine. The facility offers 13-foot clear height and a functional drive-in garage door, supporting efficient warehouse access and day-to-day operations. The existing layout also provides room to support storage needs while maintaining supplemental workspace for coordination or administrative functions.
Located in Aurora, the property provides access to major regional routes including I-225, I-70, and Colfax Avenue, supporting connectivity across the Denver metro area.
The space can fit warehouse, contractor, service, or light industrial users seeking a single unit with both storage and functional office support. A tenant is currently in place with a 60-day landlord termination option, which may offer flexibility for an occupier planning near-term occupancy or for an investor considering an ongoing income stream during that period.
Located in Aurora, the property provides access to major regional routes including I-225, I-70, and Colfax Avenue, supporting connectivity across the Denver metro area.
The space can fit warehouse, contractor, service, or light industrial users seeking a single unit with both storage and functional office support. A tenant is currently in place with a 60-day landlord termination option, which may offer flexibility for an occupier planning near-term occupancy or for an investor considering an ongoing income stream during that period.
Key Highlights
- 1,500 SF functional unit with 25% office and 75% warehouse layout
- Additional ~450 SF mezzanine for storage, supplemental office, or operational support
- 13' clear heights plus drive‑in garage door for practical warehouse usability
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
$18,776
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
5.69%
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%
$375,520
$375.5K
Cap Rate 7%
$268,229
$268.2K
Cap Rate 9%
$208,622
$208.6K
Market Conditions
NOI Build-Up for 1,500 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
$32.9K $21.96/SF
− Vacancy
−$7.9K −$5.27/SF
EGI
$25.0K $16.69/SF
− OpEx
−$6.3K −$4.17/SF
NOI
$18.8K $12.52/SF
Area
ZIP 80011
Vacancy
24.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
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%
$375,520
Cap Rate 7%
$268,229
Cap Rate 9%
$208,622
Alternative Uses
Best Use
Office B
$268.2K
$234.7K – $312.9K
NOI $18,776 @ 7.0% cap · market cap 5.69%
Second Best
Warehouse
$207.6K
$181.6K – $242.2K
NOI $14,530 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$346.0K
$302.7K – $403.6K
NOI $24,217 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Functional flex unit combines warehouse space with office area and mezzanine for practical storage and operational support.
Where is this flex space located?
The property is located at 2200 Chambers Road Unit I Aurora, CO.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,500 SF functional unit with 25% office and 75% warehouse layout; Additional ~450 SF mezzanine for storage, supplemental office, or operational support; 13' clear heights plus drive‑in garage door for practical warehouse usability
