Englewood Multi-Tenant Industrial
2492 S Tejon St Englewood, CO 80110
2492 S Tejon St, Englewood, CO, 80110
$1,800,000
For Sale
$1,800,000
10,027 SF multi-tenant industrial asset in Englewood Industrial Park.
Property Size10,027 SF
Price / SF$179.52
Days on Market112
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 agency
Unique Properties, Inc
(303) 521-3648
Listed by
Greg Knott · License #FA.001312096
(303) 521-3648
Source
Tcnworldwide
Added: Apr 1 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 6:44AM
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
Investment Insights
Based on property information with market context.
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 that are increasingly difficult to find in the Denver metro area, particularly in Englewood, where supply remains extremely limited. Roof replacements were completed in 2018 on the north side and are planned for 2025 on the south side, with a total cost of $87,446.76. Electrical upgrades were completed in 2018 for $55,056. Windows and doors were re-sealed in 2025. Exterior siding repairs were performed in 2024, including entry soffits that were repaired and painted. The exterior was painted in 2024, and concrete repairs were completed in 2025. A new 2-ton mini-split HVAC system was installed in 2024, and a new domestic backflow was installed in 2023. Building interior refreshes were completed in 2498 in 2019, 2496 in 2020, and 2492 & 2494 in 2022.
Key Highlights
- Functional small‑bay layouts increasingly difficult to find in the Denver metro area, particularly in Englewood.
- Located on a highly visible corner parcel within the Englewood Industrial Park.
- Roof Replacements in 2018 (North) & 2025 (South).
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $116.1k | $11.58 |
| − Vacancy | −$8.6k | −$0.86 |
| EGI | $107.5k | $10.72 |
| − OpEx | −$32.3k | −$3.22 |
| NOI | $75.3k | $7.51 |
10,027 SF · lease $11.58/SF/yr · vacancy 7.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.08M
$940.8K – $1.25M
NOI $75,264 @ 7.0% cap · market cap 4.18%
Second Best
Flex RnD
$998.4K
$873.6K – $1.16M
NOI $69,888 @ 7.0% cap · market cap 3.88%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Fat Boy Q — 2780 S Raritan St, Englewood, CO 80110
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: Functional small‑bay layouts increasingly difficult to find in the Denver metro area, particularly in Englewood.; Located on a highly visible corner parcel within the Englewood Industrial Park.; Roof Replacements in 2018 (North) & 2025 (South).
