Mixed-Use Industrial Office Retail
5925 E Evans Ave Denver, CO 80222
5925 E Evans Ave, Denver, CO, 80222
$5,950,000
For Sale
$5,950,000
2016-built mixed-use building with five drive-in doors, office and retail space, and I-MX-3 zoned land.
Property Size27,762 SF
Lot Size0.96 Acres
Price / SF$214.32
Days on Market72
Property Features for 5925 E Evans Ave
General Information
- Standard status
- Active
- Size
- 27,762 SF
- Lot size
- 0.96 Acres
Listing agency
Brockman Group LLC
(303) 668-4930
Listed by
Jules "J.B." Hochman · License #40026271
(303) 668-4930
Source
Exprealty
Added: May 11 Updated: Jul 21 at 1:07PM Checked: Jul 21 at 1:07PM
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 Brockman Group LLC
Investment Insights
Based on property information with market context.
Built in 2016, 5925 E. Evans Avenue is a mixed-use industrial, office, and retail property totaling 27,762 SF on 41,954 SF of I-MX-3 zoned land. The flexible small-bay layout is supported by five drive-in doors and approximately 18' clear heights, with 3-phase power available for operations.
The property is located along the highly visible Evans Avenue corridor in Denver. It is currently 94.6% occupied with a diverse rent roll across industrial, office, and retail tenants.
For sale at $5,950,000, the asset generates $424,390 in current NOI (7.13% cap rate). The offering also cites a pathway to $555,690 in market NOI (9.34% cap rate) through lease-up of existing vacancy and rent normalization.
The property is located along the highly visible Evans Avenue corridor in Denver. It is currently 94.6% occupied with a diverse rent roll across industrial, office, and retail tenants.
For sale at $5,950,000, the asset generates $424,390 in current NOI (7.13% cap rate). The offering also cites a pathway to $555,690 in market NOI (9.34% cap rate) through lease-up of existing vacancy and rent normalization.
Key Highlights
- 27,762 SF mixed‑use industrial, office, and retail building built in 2016
- 41,954 SF I‑MX‑3 zoned land on highly visible Evans Avenue corridor
- Five drive‑in doors and 18' clear heights with flexible small‑bay layout
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $732.9k | $26.40 |
| − Vacancy | −$190.6k | −$6.86 |
| EGI | $542.4k | $19.54 |
| − OpEx | −$135.6k | −$4.88 |
| NOI | $406.8k | $14.65 |
27,762 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.81M
$5.08M – $6.78M
NOI $406,769 @ 7.0% cap · market cap 6.84%
Second Best
Retail
$5.43M
$4.75M – $6.33M
NOI $380,031 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$8.84M
$7.73M – $10.31M
NOI $618,635 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gravity Aerial Arts
Training Center
All About Paws ...
Veterinary Clinic
Metro by T-Mobile
Electronics & Wireless Store
Ecosmob Technologies Inc.
(Bike/Boat/Book/etc) Store
Ideal Home Health ...
Home Health Care Service
Similar For Sale Nearby
Similar Off Market Nearby
- Grazing Denver — 2171 S Grape St, Denver, CO 80222
- Mountain Thyme Catering — 5500 E Pacific Pl, Denver, CO 80222
- Openfridge Gourmet — 2000 S Dahlia St, Denver, CO 80222
- the Farmer in the Hive — 2171 S Grape St, Denver, CO 80222
- Schneiders Weiners | Hot Dog Cart & Cartering — 2186 S Holly St Unit 107, Denver, CO 80222
FAQs
What type of property is this?
Flex space - 2016-built mixed-use building with five drive-in doors, office and retail space, and I-MX-3 zoned land.
Where is this flex space located?
The property is located at 5925 E Evans Ave Denver, CO.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 27,762 SF mixed‑use industrial, office, and retail building built in 2016; 41,954 SF I‑MX‑3 zoned land on highly visible Evans Avenue corridor; Five drive‑in doors and 18' clear heights with flexible small‑bay layout
