Mixed-Use Building with Overhead
For Sale
Contact for pricing
343 Main Street, Brighton, CO 80601
Freestanding commercial property configured for one occupant or two separately accessed spaces with private parking areas.
Property Size6,408 SF
Price / SF$226.28
Days on Market56
Property Features for 343 Main Street
General Information
Standard status
Active
Size
6,408 SF
Class
C
Property subtype
Retail, Mixed Use
Zoning
Commercial
Building Details
Year Built
1952
Year Renovated
2023
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Invalesco Real Estate
Listed By:
Stefanie Fox · License #CO 100100307
Source:
Crexi
Added: Jul 6
Changed: Aug 30
Last Checked: Aug 30 at 7:34AM
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 Invalesco Real Estate
Investment Insights
Based on property information with market context.
Built in 1952, this freestanding mixed-use property contains 6,408 SF on 0.75 acres at 343 Main Street in Brighton, Colorado. The layout can support a single occupant or two separate commercial spaces, each with its own entrance and private parking lot. Building access includes three pull-up overhead doors measuring 10' x 10.5' and a 12' x 12' electrical door. An existing exhaust removal system is also in place. The property carries Commercial zoning and is designated within an Opportunity Zone.
The building fronts South Main Street within the Brighton Pavillions retail corridor. Main Street carries over 46,000 vehicles per day, while the nearby US-85 interchange carries nearly 190,000 VPD. The location combines exposure to a high-volume commercial corridor with direct proximity to a major interchange.
The building fronts South Main Street within the Brighton Pavillions retail corridor. Main Street carries over 46,000 vehicles per day, while the nearby US-85 interchange carries nearly 190,000 VPD. The location combines exposure to a high-volume commercial corridor with direct proximity to a major interchange.
Key Highlights
- 6,408 SF mixed‑use building on 0.75 acres
- Three 10' x 10.5' pull‑up overhead doors plus one 12' x 12' electrical door
- Two‑space configuration with dedicated entrances and private parking lots
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
$72,424
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
4.99%
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%
$1,448,480
$1.4M
Cap Rate 7%
$1,034,629
$1.0M
Cap Rate 9%
$804,711
$804.7K
Market Conditions
NOI Build-Up for 6,408 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
$115.3K $18.00/SF
− Vacancy
−$11.9K −$1.85/SF
EGI
$103.5K $16.15/SF
− OpEx
−$31.0K −$4.84/SF
NOI
$72.4K $11.30/SF
Area
Weld County, CO
Vacancy
10.30%
Lease Rate
$18.00 /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%
$1,448,480
Cap Rate 7%
$1,034,629
Cap Rate 9%
$804,711
Alternative Uses
Best Use
Retail
$1.03M
$905.3K – $1.21M
NOI $72,424 @ 7.0% cap · market cap 4.99%
Second Best
Mixed Use
$95.2K
$83.3K – $111.1K
NOI $6,663 @ 7.0% cap · market cap 0.46%
Theoretical Best
Office B
$1.17M
$1.02M – $1.36M
NOI $81,750 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
8,565 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,843 visits/mo
0.2 miles
Discount Tire Store
Shops & Services
4,320 visits/mo
0.1 miles
Grease Monkey
Shops & Services
1,210 visits/mo
0.2 miles
Brakes Plus
Shops & Services
938 visits/mo
0.1 miles
Demographics for 80601, CO
40,460
Population
13,885
Households
2.9
Avg Household Size
34
Median Age
24%
College-Educated
88%
High-School Grad
26.2 sq mi
ZIP Area
1,544
Density / Sq Mi
$99,031
Median Household Income
$49,378
Median Earnings
$1,729
Median Rent
$471,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Freestanding commercial property configured for one occupant or two separately accessed spaces with private parking areas.
Where is this mixed-use property located?
The property is located at 343 Main Street Brighton, CO.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 6,408 SF mixed‑use building on 0.75 acres; Three 10' x 10.5' pull‑up overhead doors plus one 12' x 12' electrical door; Two‑space configuration with dedicated entrances and private parking lots
