Three-Unit Flex Space
2209 Jason St, Denver, CO 80223
For Sale
Contact for pricing
Industrial condominium units offer heavy three-phase power, HVAC, and oversized drive-in doors.
Property Size15,285 SF
Price / SF$175
Days on Market98
Property Features for 2209 Jason St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Warehouse & Industrial
Drive-In Doors
Three-Phase Power
Heavy Power
Additional Details
Asking Price
Listing Agency:
Unique Properties, Inc.
(720) 513-3937
Listed By:
Brad Gilpin · License CO EA.100007414
(303) 668-3733
Source:
Moodyscre
Added: Aug 7
Changed: Nov 5
Last Checked: Nov 10 at 7:38AM
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, Inc.
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Investment Insights
Based on property information with market context.
This flex space offering includes three industrial condominium units totaling 15,285 square feet. Unit 2209 contains 4,766 square feet and is leased through 6/30/2028, while Units 2211 and 2219 are vacant with 5,258 and 5,261 square feet, respectively. Each unit is equipped with heavy three-phase power, HVAC throughout, and an oversized drive-in door.
The property is located at 2209 Jason St in Denver, Colorado 80223. The combination of leased and vacant condominium units provides a mix of existing occupancy and available space within the same industrial property.
The property is located at 2209 Jason St in Denver, Colorado 80223. The combination of leased and vacant condominium units provides a mix of existing occupancy and available space within the same industrial property.
Key Highlights
- Three industrial condominium units totaling 15,285 square feet
- Unit 2209: 4,766 SF leased through 6/30/2028
- Unit 2211: 5,258 SF, vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,591
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,820
$2.9M
Cap Rate 7%
$2,037,014
$2.0M
Cap Rate 9%
$1,584,344
$1.6M
Market Conditions
NOI Build-Up for 15,285 SF
Gross rent
$238.4K $15.60/SF
− Vacancy
−$19.1K −$1.25/SF
EGI
$219.4K $14.35/SF
− OpEx
−$76.8K −$5.02/SF
NOI
$142.6K $9.33/SF
Area
Denver, CO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,851,820
Cap Rate 7%
$2,037,014
Cap Rate 9%
$1,584,344
Alternative Uses
Best Use
Flex RnD
$2.04M
$1.78M – $2.38M
NOI $142,591 @ 7.0% cap · market cap 5.33%
Second Best
Industrial
$1.85M
$1.62M – $2.16M
NOI $129,822 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $340,604 @ 7.0% cap · market cap 12.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
3
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
922
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Denver, CO
Properties on Market for Flex space in Denver
Vacancy Rate% for Industrial in Denver, CO
Similar Off Market Nearby
- Fat Boy Q — 2780 S Raritan St, Englewood, CO 80110
- Sapori D'Italia — 2065 S Cherokee St, Denver, CO 80223
Frequently Asked Questions
What type of property is this?
Flex space - Industrial condominium units offer heavy three-phase power, HVAC, and oversized drive-in doors.
Where is this flex space located?
The property is located at 2209 Jason St Denver, CO.
What is the asking price?
The asking price for this property is $2,674,875.
What are key features of this property?
This property features: Three industrial condominium units totaling 15,285 square feet; Unit 2209: 4,766 SF leased through 6/30/2028; Unit 2211: 5,258 SF, vacant
