Caliber Collision NNN
For Sale
Contact for pricing
5050 E Smith Rd, Denver, CO 80216
Built in 2019 and leased under a long-term absolute NNN structure with a corporate guaranty.
Property Size16,969 SF
Price / SF$358.04
Days on Market78
Property Features for 5050 E Smith Rd
General Information
Standard status
Active
Size
16,969 SF
Property subtype
Industrial, Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$364,600
Building Details
Year Built
2019
Units
1
Tenancy
Single
Listing Agency:
The Boulder Group - Denver
(720) 604-2256
Listed By:
Zach Wright · License #IL 475164965
Source:
Crexi
Added: Jun 15
Changed: Aug 31
Last Checked: Aug 31 at 5:55AM
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 The Boulder Group - Denver
Investment Insights
Based on property information with market context.
Caliber Collision occupies this 16,969-square-foot NNN property at 5050 E Smith Rd in Denver, Colorado. Completed in 2019, the building was developed as a build-to-suit improvement for the current occupant.
The lease is structured on a long-term absolute NNN basis and includes a corporate guaranty. The property is located in Denver’s Park Hill neighborhood, providing an established urban setting for this specialized commercial asset.
The lease is structured on a long-term absolute NNN basis and includes a corporate guaranty. The property is located in Denver’s Park Hill neighborhood, providing an established urban setting for this specialized commercial asset.
Key Highlights
- 16,969‑square‑foot NNN property at 5050 E Smith Rd, Denver, CO 80216
- Built in 2019 as a build‑to‑suit property
- Long‑term absolute NNN lease structure
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
$232,287
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
3.82%
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%
$4,645,740
$4.6M
Cap Rate 7%
$3,318,386
$3.3M
Cap Rate 9%
$2,580,967
$2.6M
Market Conditions
NOI Build-Up for 16,969 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
$348.2K $20.52/SF
− Vacancy
−$16.4K −$0.96/SF
EGI
$331.8K $19.56/SF
− OpEx
−$99.6K −$5.87/SF
NOI
$232.3K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /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%
$4,645,740
Cap Rate 7%
$3,318,386
Cap Rate 9%
$2,580,967
Alternative Uses
Best Use
Retail
$3.32M
$2.90M – $3.87M
NOI $232,287 @ 7.0% cap · market cap 3.82%
Second Best
Industrial
$2.06M
$1.80M – $2.40M
NOI $144,125 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$5.40M
$4.73M – $6.30M
NOI $378,129 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
1,939 visits/mo
0.3 miles
Caliber Collision
Shops & Services
452 visits/mo
0.1 miles
Demographics for 80216, CO
15,915
Population
6,924
Households
2.3
Avg Household Size
31
Median Age
38%
College-Educated
76%
High-School Grad
10.1 sq mi
ZIP Area
1,576
Density / Sq Mi
$86,869
Median Household Income
$49,966
Median Earnings
$1,934
Median Rent
$392,500
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Built in 2019 and leased under a long-term absolute NNN structure with a corporate guaranty.
Where is this nnn property located?
The property is located at 5050 E Smith Rd Denver, CO.
What is the asking price?
The asking price for this property is $6,075,500.
What are key features of this property?
This property features: 16,969‑square‑foot NNN property at 5050 E Smith Rd, Denver, CO 80216; Built in 2019 as a build‑to‑suit property; Long‑term absolute NNN lease structure
