Flex Space with Drive-In
For Sale
Contact for pricing
3101 Industrial Ln, Broomfield, CO 80020
Combined suites provide adaptable space for manufacturing, warehouse, lab, R&D, and storage operations.
Property Size13,281 SF
Price / SF$259.77
Days on Market12
Property Features for 3101 Industrial Ln
General Information
Standard status
Active
Size
13,281 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
3
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Listing Agency:
Gibbons-White, Inc.
(303) 586-5930
Listed By:
Chris Boston · License #IR.040026406
(303) 586-5930
Source:
Moodyscre
Added: Aug 11
Changed: Aug 16
Last Checked: Aug 21 at 1:19PM
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 Gibbons-White, Inc.
Investment Insights
Based on property information with market context.
This 13,281-square-foot flex property is currently configured with combined suites and may offer separate occupancy options in several sizes. Up to 8,081 square feet can support an owner-user, while Suites A and B have existing income in place. The building offers 16 to 18 feet of clear height, three drive-in doors, and 100% HVAC coverage. Significant power is available within the suite, with specifications subject to electrician verification.
Suite C includes mostly open warehouse space, offices, and drive-in access. Suites D and E combine front private offices with open areas suited to manufacturing, warehousing, laboratory, research and development, and storage functions; these suites include two drive-in doors. The property provides access to Hwy 36, 120th Ave, and Hwy 287 in Broomfield.
Suite C includes mostly open warehouse space, offices, and drive-in access. Suites D and E combine front private offices with open areas suited to manufacturing, warehousing, laboratory, research and development, and storage functions; these suites include two drive-in doors. The property provides access to Hwy 36, 120th Ave, and Hwy 287 in Broomfield.
Key Highlights
- 13,281‑square‑foot flex property with suites currently combined
- Up to 8,081 square feet available for owner‑user occupancy
- 16’ - 18’ clear height, 3 drive‑in doors, and 100% HVAC throughout
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
$111,506
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
3.23%
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%
$2,230,120
$2.2M
Cap Rate 7%
$1,592,943
$1.6M
Cap Rate 9%
$1,238,956
$1.2M
Market Conditions
NOI Build-Up for 13,281 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
$183.3K $13.80/SF
− Vacancy
−$11.7K −$0.88/SF
EGI
$171.5K $12.92/SF
− OpEx
−$60.0K −$4.52/SF
NOI
$111.5K $8.40/SF
Area
Jefferson County, CO
Vacancy
6.40%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
35.00%
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%
$2,230,120
Cap Rate 7%
$1,592,943
Cap Rate 9%
$1,238,956
Alternative Uses
Best Use
Flex RnD
$1.59M
$1.39M – $1.86M
NOI $111,506 @ 7.0% cap · market cap 3.23%
Second Best
Industrial
$1.47M
$1.29M – $1.72M
NOI $102,919 @ 7.0% cap · market cap 2.98%
Theoretical Best
Multifamily LT 5
$29.56M
$25.86M – $34.48M
NOI $2,068,852 @ 7.0% cap · market cap 59.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
3
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80020, CO
52,141
Population
21,607
Households
2.4
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.8 sq mi
ZIP Area
2,633
Density / Sq Mi
$114,039
Median Household Income
$58,056
Median Earnings
$2,024
Median Rent
$570,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Combined suites provide adaptable space for manufacturing, warehouse, lab, R&D, and storage operations.
Where is this flex space located?
The property is located at 3101 Industrial Ln Broomfield, CO.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 13,281‑square‑foot flex property with suites currently combined; Up to 8,081 square feet available for owner‑user occupancy; 16’ - 18’ clear height, 3 drive‑in doors, and 100% HVAC throughout
