Rail-Served
New
For Sale
$12,500,000
5861 Tennyson Street, Arvada, CO 80003
Industrial warehouse with office space, heavy electrical service, multiple loading doors, and I-1 zoning.
Property Size80,640 SF
Lot Size5.94 Acres
Price / SF$155.01
Days on Market2
Property Features for 5861 Tennyson Street
General Information
Standard status
Active
Size
80,640 SF
Total Parking Spaces
61
Lot size
5.94 Acres
Property subtype
Industrial
Zoning
I-1
Warehouse & Industrial
Clear Height
20 ft
Warehouse Space
76,340 SF
Office Build-Out
4,300 SF
Dock-High Doors
8
Drive-In Doors
1
Rail Access
Yes
Power
3,200 amps
Voltage
480 V
Three-Phase Power
Yes
Heavy Power
Yes
Sprinkler System
Yes
Building Details
Building Size
80,640 SF
Year Built
2000
Listing Agency:
Unique Properties, Inc
Listed By:
Sam Leger · License #FA.040042452
(303) 941-8112
Source:
Uniqueprop
Added: Sep 1
Last Checked: Sep 1 at 9:43PM
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 warehouse property contains 80,640 square feet, including 76,340 square feet of warehouse area and 4,300 square feet of office space. Built in 2000, the facility includes an 8-inch? No, source says 20’ clear height, sprinkler protection, eight dock-high doors, one drive-in door, and 61 parking spaces. The building is supported by 3,200 amps of 480V, 3-phase power and has BNSF rail service.
The property is located at 5861 Tennyson Street in Arvada, Colorado, with access throughout the Denver metro area. I-1 zoning and its combination of warehouse, office, rail, loading, and power infrastructure support a range of industrial facility requirements.
The property is located at 5861 Tennyson Street in Arvada, Colorado, with access throughout the Denver metro area. I-1 zoning and its combination of warehouse, office, rail, loading, and power infrastructure support a range of industrial facility requirements.
Key Highlights
- 80,640 SF industrial warehouse with 76,340 SF warehouse area and 4,300 SF office space
- BNSF rail‑served facility
- 3,200 amps of 480V, 3‑phase heavy power
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
$877,444
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
7.02%
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%
$17,548,880
$17.5M
Cap Rate 7%
$12,534,914
$12.5M
Cap Rate 9%
$9,749,378
$9.7M
Market Conditions
NOI Build-Up for 80,640 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
$1.45M $18.00/SF
− Vacancy
−$101.6K −$1.26/SF
EGI
$1.35M $16.74/SF
− OpEx
−$472.5K −$5.86/SF
NOI
$877.4K $10.88/SF
Area
Arvada, CO
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$17,548,880
Cap Rate 7%
$12,534,914
Cap Rate 9%
$9,749,378
Alternative Uses
Best Use
Flex RnD
$12.53M
$10.97M – $14.62M
NOI $877,444 @ 7.0% cap · market cap 7.02%
Second Best
Warehouse
$11.38M
$9.95M – $13.27M
NOI $796,372 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$21.57M
$18.87M – $25.16M
NOI $1,509,581 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
8
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80003, CO
36,258
Population
14,193
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
6.6 sq mi
ZIP Area
5,494
Density / Sq Mi
$82,754
Median Household Income
$51,667
Median Earnings
$1,729
Median Rent
$486,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- The Attic Self Storage — 5965 Sheridan Boulevard, Arvada, CO 80003
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with office space, heavy electrical service, multiple loading doors, and I-1 zoning.
Where is this warehouse located?
The property is located at 5861 Tennyson Street Arvada, CO.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 80,640 SF industrial warehouse with 76,340 SF warehouse area and 4,300 SF office space; BNSF rail‑served facility; 3,200 amps of 480V, 3‑phase heavy power
