Climate-Controlled Self-Storage
For Sale
Contact for pricing
4911 W 58th Ave, Arvada, CO 80002
Institutional-grade storage with 618 units, including climate-controlled space and a two-story management office.
Property Size74,798 SF
Lot Size2.44 Acres
Price / SF$220.06
Days on Market89
Property Features for 4911 W 58th Ave
General Information
Standard status
Active
Size
74,798 SF
Lot size
2.44 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
access control system
lift gates
freight elevators
covered loading areas
on-site management office
resident manager apartment
ambient music
motion-activated LED lighting
high-definition surveillance cameras
rooftop solar system
Building Details
Tenancy
Multi
Listing Agency:
Colliers | Nashville
(615) 734-9541
Listed By:
Ashley Compton · License #77340
(615) 734-9541
Source:
Moodyscre
Added: May 15
Changed: Aug 10
Last Checked: Aug 10 at 4:46AM
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 Colliers | Nashville
Investment Insights
Based on property information with market context.
Simply Storage is an institutional-grade self-storage facility totaling 74,798 rentable square feet across 618 units. The property includes a three-story climate-controlled building, four single-story drive-up buildings, a single-story makers units building, and a two-story management office. Phase I was delivered in 2014 and Phase II was completed in 2023, contributing to a modern, well-maintained asset.
The site sits on approximately 2.44 acres and is designed for operational flexibility with multiple lift gates, two freight elevators, and multiple covered loading areas. An on-site management office includes a three-bedroom, two-bath resident manager’s apartment, supporting daily oversight.
The facility is equipped with premium security and lighting features, including 38 high-definition surveillance cameras and motion-activated LED lighting in hallways and units. A rooftop solar system (226.56 kW) services the climate-controlled building and is expected to reduce electricity operating expenses while producing annual electricity output.
The site sits on approximately 2.44 acres and is designed for operational flexibility with multiple lift gates, two freight elevators, and multiple covered loading areas. An on-site management office includes a three-bedroom, two-bath resident manager’s apartment, supporting daily oversight.
The facility is equipped with premium security and lighting features, including 38 high-definition surveillance cameras and motion-activated LED lighting in hallways and units. A rooftop solar system (226.56 kW) services the climate-controlled building and is expected to reduce electricity operating expenses while producing annual electricity output.
Key Highlights
- Institutional‑grade self‑storage at 4911 W. 58th Avenue, Arvada, CO with 74,798 rentable SF across 618 units
- Climate‑controlled three‑story building plus four single‑story drive‑up buildings and a single‑story makers units building
- Phase I delivered in 2014 and Phase II completed in 2023 for a modern, well‑maintained facility
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
$738,678
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
4.49%
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%
$14,773,560
$14.8M
Cap Rate 7%
$10,552,543
$10.6M
Cap Rate 9%
$8,207,533
$8.2M
Market Conditions
NOI Build-Up for 74,798 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
$924.5K $12.36/SF
− Vacancy
−$55.5K −$0.74/SF
EGI
$869.0K $11.62/SF
− OpEx
−$130.4K −$1.74/SF
NOI
$738.7K $9.88/SF
Area
Arvada, CO
Vacancy
6.00%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
15.00%
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%
$14,773,560
Cap Rate 7%
$10,552,543
Cap Rate 9%
$8,207,533
Alternative Uses
Best Use
Warehouse
$10.55M
$9.23M – $12.31M
NOI $738,678 @ 7.0% cap · market cap 4.49%
Second Best
Self Storage
$9.91M
$8.67M – $11.56M
NOI $693,647 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$20.00M
$17.50M – $23.34M
NOI $1,400,219 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Explore this area
Business Placement
Demographics for 80002, CO
20,267
Population
9,960
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
6.5 sq mi
ZIP Area
3,118
Density / Sq Mi
$92,827
Median Household Income
$55,044
Median Earnings
$1,733
Median Rent
$538,900
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?
Self storage facility - Institutional-grade storage with 618 units, including climate-controlled space and a two-story management office.
Where is this self storage facility located?
The property is located at 4911 W 58th Ave Arvada, CO.
What is the asking price?
The asking price for this property is $16,460,000.
What are key features of this property?
This property features: Institutional‑grade self‑storage at 4911 W. 58th Avenue, Arvada, CO with 74,798 rentable SF across 618 units; Climate‑controlled three‑story building plus four single‑story drive‑up buildings and a single‑story makers units building; Phase I delivered in 2014 and Phase II completed in 2023 for a modern, well‑maintained facility
