Move-in Ready Office
For Sale
Contact for pricing
5255 Ronald Reagan Blvd, Johnstown, CO 80534
Functional office suite with collaborative workspace and private offices.
Property Size4,994 SF
Price / SF$290.35
Days on Market166
Property Features for 5255 Ronald Reagan Blvd
General Information
Standard status
Active
Size
4,994 SF
Class
A
Property subtype
Office
Zoning
PUD
Investment Type
Owner/User
Building Details
Year Built
2007
Buildings
1
Stories
2
Units
1
Listing Agency:
Colorado Commercial
Listed By:
Joe Palieri, CCIM · License #EA040005344
Source:
Crexi
Added: Mar 9
Changed: Aug 17
Last Checked: Aug 20 at 8:36AM
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 Colorado Commercial
Investment Insights
Based on property information with market context.
Suite 001 offers 4,994 rentable square feet (3,954 usable square feet) and occupies the entire lower level of the building. The space is currently configured for a software, engineering, or technology user and provides an efficient mix of private offices and collaborative workspace. The suite includes six private offices, two conference rooms, two large open work areas, a kitchenette, an IT/server room, and a large storage closet, making it well suited for technology firms, engineering groups, R&D users, or professional office tenants. The suite benefits from two west-facing walk-out doors that lead to an outdoor patio and a direct walkway to the parking lot, creating convenient employee access and additional natural light. Common area restrooms are located in the hallway, and the space has elevator access to the main floor lobby. This is a functional, move-in ready layout ideal for companies seeking flexible office space with infrastructure for tech operations, collaboration areas, and private offices.
Key Highlights
- Move‑in ready layout ideal for technology firms, engineering groups, R&D users, or professional office tenants.
- Efficient mix of six private offices and two large open work areas for flexible office space.
- Two west‑facing walk‑out doors lead to an outdoor patio and direct walkway to the parking lot.
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
$63,711
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
4.39%
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%
$1,274,220
$1.3M
Cap Rate 7%
$910,157
$910.2K
Cap Rate 9%
$707,900
$707.9K
Market Conditions
NOI Build-Up for 4,994 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
$89.9K $18.00/SF
− Vacancy
−$4.9K −$0.99/SF
EGI
$84.9K $17.01/SF
− OpEx
−$21.2K −$4.25/SF
NOI
$63.7K $12.76/SF
Area
Weld County, CO
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
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%
$1,274,220
Cap Rate 7%
$910,157
Cap Rate 9%
$707,900
Alternative Uses
Best Use
Office B
$910.2K
$796.4K – $1.06M
NOI $63,711 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 80534, CO
18,785
Population
7,137
Households
2.6
Avg Household Size
36
Median Age
37%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
391
Density / Sq Mi
$132,320
Median Household Income
$65,749
Median Earnings
$1,778
Median Rent
$509,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Functional office suite with collaborative workspace and private offices.
Where is this office units located?
The property is located at 5255 Ronald Reagan Blvd Johnstown, 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: Move‑in ready layout ideal for technology firms, engineering groups, R&D users, or professional office tenants.; Efficient mix of six private offices and two large open work areas for flexible office space.; Two west‑facing walk‑out doors lead to an outdoor patio and direct walkway to the parking lot.
