Englewood Multi-Tenant Industrial
2492 S Tejon St, Englewood, CO 80110
10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
Type:Industrial
Property size:
10,027 SFPrice / SF:
$179/SF- Added:
- Mar 9, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 19 at 10:11 pm
Property Features for 2492 S Tejon St
General Information
- Standard status
- Active
- Size
- 10,027 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1980
Listing agent Greg Knott License #CO FA.001312096
Listing office Unique Properties, Inc (303) 521-3648
Listing date Mar 9, 2026
Source Crexi
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
HighLights
- Rare small‑bay industrial asset in a supply‑constrained Denver submarket (Englewood).
- Strong occupancy history with stable, renewing local tenants.
- Functional layout with four individual, independently metered units.
- Each unit includes a front office, private restroom, and loading door.
- Recent capital improvements including roof work, sealing, and exterior repairs.
- Potential for both multi‑tenant investment and owner‑user scenarios.
Overview
The property at 2492-2498 S Tejon is a 10,027 square foot multi-tenant industrial asset. It is comprised of four individual units and located on a highly visible corner parcel within the Englewood Industrial Park. The building is configured with functional small-bay layouts. Each unit is independently metered and features a front office area, private restroom, and loading door, providing flexibility for a wide range of users. The configuration supports both multi-tenant investment and potential owner-user scenarios, subject to lease terms. Ownership has completed considerable capital improvements over the past several years, including partial roof replacement and roof recoating, sealing of windows and doors, exterior siding repairs and paint, and upgrades to individual units. It has historically maintained strong occupancy and benefits from a stable, local tenant base that consistently renews. Demand for small-bay industrial space in this submarket remains strong due to limited new construction, high replacement costs, and continued interest from local service, trade, and light industrial users. This offering represents a rare opportunity to acquire a well-located, fully functional small-bay industrial asset with a proven leasing history, strong tenant demand, and meaningful recent capital investment in one of the most supply-constrained industrial submarkets in the Denver metro area.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.22M
NOI $109,652 @ 9.00% cap · cautious / downside scenario
Moderate
$1.57M
NOI $109,652 @ 7.00% cap · market / base-case scenario
Aggressive
$2.19M
NOI $109,652 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $178.1k | $17.76 |
| − Vacancy | −$31.9k | −$3.18 |
| EGI | $146.2k | $14.58 |
| − OpEx | −$36.6k | −$3.65 |
| NOI | $109.7k | $10.94 |
10,027 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,652 @ 7.0% cap · market cap 6.09%
Second Best
Warehouse
$1.31M
$1.14M – $1.52M
NOI $91,392 @ 7.0% cap · market cap 5.08%
Theoretical Best
Multifamily LT 5
$148.87M
$130.26M – $173.68M
NOI $10,420,824 @ 7.0% cap · market cap 578.93%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Fat Boy Q — 2780 S Raritan St, Englewood, CO 80110
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.0106636
- Latitude
- 39.6717259
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
Where is this flex space located?
The property is located at 2492 S Tejon St Englewood, CO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Rare small‑bay industrial asset in a supply‑constrained Denver submarket (Englewood).; Strong occupancy history with stable, renewing local tenants.; Functional layout with four individual, independently metered units.
