Freestanding Office/Warehouse
For Sale
$5,999,999
5630 Ward Rd, Arvada, CO 80002
Class A office/warehouse layout with heavy power, high clear heights, and an on-site drive-in loading door.
Property Size21,278 SF
Lot Size2.19 Acres
Price / SF$281.98
Days on Market48
Property Features for 5630 Ward Rd
General Information
Standard status
Active
Size
21,278 SF
Class
A
Lot size
2.19 Acres
Property subtype
Office / Flex
Zoning
P-D
Warehouse & Industrial
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
21,278 SF
Year Built
2008
Listing Agency:
Unique Properties, Inc.
(201) 274-5768
Listed By:
Brett MacDougall · License #FA.100053000
(201) 274-5768
Source:
Uniqueprop
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 5:24AM
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 Unique Properties, Inc.
Investment Insights
Based on property information with market context.
This freestanding Class A office/warehouse building totals 21,278 square feet on 2.19 acres and is configured for flexibility with an approximately 85% office and 15% warehouse mix. The property includes a professionally built-out office space, functional and efficient warehouse space with one drive-in loading door, and heavy power. A spacious parking lot supports day-to-day operations, and the layout can be adapted to meet changing occupancy needs, including an option to split the office area into two units.
The building is located along the active Ward Road corridor in Arvada, Colorado, approximately one mile north of I-70. It sits within a surrounding mix of commercial and industrial users, and the site is described as having signage visibility along the corridor.
With a flexible P-D zoning designation, the property is positioned for tenants seeking a combination of office and warehouse functionality in a single, well-equipped facility. The combination of high clear heights, heavy power, and a drive-in door supports a range of industrial and office-oriented operations, while the substantial office component can accommodate user needs requiring dedicated workspace.
The building is located along the active Ward Road corridor in Arvada, Colorado, approximately one mile north of I-70. It sits within a surrounding mix of commercial and industrial users, and the site is described as having signage visibility along the corridor.
With a flexible P-D zoning designation, the property is positioned for tenants seeking a combination of office and warehouse functionality in a single, well-equipped facility. The combination of high clear heights, heavy power, and a drive-in door supports a range of industrial and office-oriented operations, while the substantial office component can accommodate user needs requiring dedicated workspace.
Key Highlights
- Freestanding Class A office/warehouse built in 2008 on 2.19 acres totaling 21,278 SF
- Layout mix of about 85% office and 15% warehouse for a flexible office/warehouse configuration
- Heavy power and high clear heights for warehouse use
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
$291,083
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
4.85%
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%
$5,821,660
$5.8M
Cap Rate 7%
$4,158,329
$4.2M
Cap Rate 9%
$3,234,256
$3.2M
Market Conditions
NOI Build-Up for 21,278 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
$510.7K $24.00/SF
− Vacancy
−$122.6K −$5.76/SF
EGI
$388.1K $18.24/SF
− OpEx
−$97.0K −$4.56/SF
NOI
$291.1K $13.68/SF
Area
Arvada, CO
Vacancy
24.00%
Lease Rate
$24.00 /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%
$5,821,660
Cap Rate 7%
$4,158,329
Cap Rate 9%
$3,234,256
Alternative Uses
Best Use
Office B
$4.16M
$3.64M – $4.85M
NOI $291,083 @ 7.0% cap · market cap 4.85%
Second Best
Flex RnD
$3.31M
$2.89M – $3.86M
NOI $231,526 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$5.69M
$4.98M – $6.64M
NOI $398,324 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Under-served
Demand for This Use
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 Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Elaborate Bartender — 5610 Ward Rd STE 300, Arvada, CO 80002
Frequently Asked Questions
What type of property is this?
Flex space - Class A office/warehouse layout with heavy power, high clear heights, and an on-site drive-in loading door.
Where is this flex space located?
The property is located at 5630 Ward Rd Arvada, CO.
What is the asking price?
The asking price for this property is $5,999,999.
What are key features of this property?
This property features: Freestanding Class A office/warehouse built in 2008 on 2.19 acres totaling 21,278 SF; Layout mix of about 85% office and 15% warehouse for a flexible office/warehouse configuration; Heavy power and high clear heights for warehouse use
