Industrial Manufacturing
For Sale
Contact for pricing
2390 S Tejon St, Englewood, CO 80110
Manufacturing facility with heavy power, paint booth, multiple cranes, and paved, fenced outdoor storage.
Property Size27,683 SF
Price / SF$175.20
Days on Market77
Property Features for 2390 S Tejon St
General Information
Standard status
Active
Size
27,683 SF
Total Parking Spaces
70
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Heavy Power
Yes
Amenities
paved and fenced outdoor storage
heavy power (600amps, 240/480v, 3 phase)
paint booth
fireproof vault
15-ton crane, 1/2 ton crane, 4 jib cranes
kaeser compressor with air lines throughout the property
led lights and skylights throughout
alarm/security system
high quality office
multiple break rooms with kitchenettes
solar wall
Listing Agency:
CBRE | Denver
(303) 628-1700
Listed By:
Matt Kawulok
(720) 528-6353
Source:
Moodyscre
Added: Jun 29
Changed: Aug 21
Last Checked: Sep 12 at 7:48AM
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 CBRE | Denver
Investment Insights
Based on property information with market context.
This industrial manufacturing facility includes paved and fenced outdoor storage, a paint booth, and a fireproof vault. The improvements also feature heavy electrical service, a Kaeser compressor with air lines throughout the property, LED lighting and skylights, and an alarm/security system.
Inside, the facility is supported by multiple crane systems, including a 15-ton crane, a 1/2-ton crane, and four jib cranes. Office space is on-site, along with multiple break rooms with kitchenettes, and additional detached storage sheds that are not included in the stated square footage. Parking is available for approximately 70 vehicles, and solar wall equipment is included.
The facility is set up to support industrial operations requiring compressed air, material handling, and specialized containment through its paint booth and fireproof vault.
Inside, the facility is supported by multiple crane systems, including a 15-ton crane, a 1/2-ton crane, and four jib cranes. Office space is on-site, along with multiple break rooms with kitchenettes, and additional detached storage sheds that are not included in the stated square footage. Parking is available for approximately 70 vehicles, and solar wall equipment is included.
The facility is set up to support industrial operations requiring compressed air, material handling, and specialized containment through its paint booth and fireproof vault.
Key Highlights
- Heavy power service: 600 amps, 240/480V, 3‑phase electricity
- Includes paint booth and LED lights with skylights throughout
- Material handling includes a 15‑ton crane, 1/2‑ton crane, and four jib cranes
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
$207,793
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
4.28%
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%
$4,155,860
$4.2M
Cap Rate 7%
$2,968,471
$3.0M
Cap Rate 9%
$2,308,811
$2.3M
Market Conditions
NOI Build-Up for 27,683 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
$320.6K $11.58/SF
− Vacancy
−$23.7K −$0.86/SF
EGI
$296.8K $10.72/SF
− OpEx
−$89.1K −$3.22/SF
NOI
$207.8K $7.51/SF
Area
Arapahoe County, CO
Vacancy
7.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
30.00%
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%
$4,155,860
Cap Rate 7%
$2,968,471
Cap Rate 9%
$2,308,811
Alternative Uses
Best Use
Industrial
$2.97M
$2.60M – $3.46M
NOI $207,793 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$411.00M
$359.63M – $479.50M
NOI $28,770,287 @ 7.0% cap · market cap 593.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
936
Businesses Nearby
Explore this area
Business Placement
Demographics for 80110, CO
23,279
Population
10,804
Households
2.2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
3,637
Density / Sq Mi
$82,037
Median Household Income
$50,406
Median Earnings
$1,582
Median Rent
$455,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility with heavy power, paint booth, multiple cranes, and paved, fenced outdoor storage.
Where is this manufacturing property located?
The property is located at 2390 S Tejon St Englewood, CO.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Heavy power service: 600 amps, 240/480V, 3‑phase electricity; Includes paint booth and LED lights with skylights throughout; Material handling includes a 15‑ton crane, 1/2‑ton crane, and four jib cranes
