Golden Flex Industrial
For Sale
Contact for pricing
5932-5934 Mcintyre St, Golden, CO
Two-building complex with office and warehouse space in Golden, Colorado.
Property Size24,804 SF
Lot Size1.89 Acres
Price / SF$167.31
Days on Market297
Property Features for 5932-5934 Mcintyre St
General Information
Standard status
Active
Size
24,804 SF
Lot size
1.89 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Unique Properties, Inc.
(303) 521-3648
Listed By:
Greg Knott · License #FA.001312096
(303) 521-3648
Source:
Moodyscre
Added: Nov 6, 2025
Changed: Aug 9
Last Checked: Aug 29 at 1:44PM
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.
The property at 5932 McIntyre Street in Golden, Colorado, is a 24,804-square-foot complex comprising two buildings. The complex offers a balanced mix of approximately 12,402 square feet of office space and 12,402 square feet of warehouse space across two levels. The office space features a newer buildout with modern finishes, including a reception area, kitchen, private offices, a gym, and conference rooms. The warehouse component includes two drive-in doors, two dock-high loading doors, heavy power, and full sprinkler coverage. The buildings are connected by hallways that can be separated for multi-tenant flexibility. The property is located just north of the Coors Technology Center, providing easy access to I-70, Highway 58, and McIntyre Street. It offers panoramic mountain and lake views, making it suitable for a corporate headquarters, research facility, or flex industrial user. The property is fully sprinklered and has heavy power (4000amp 3 Phase). A wide variety of allowable uses include outdoor storage, self-storage, laboratory, and R&D. Ongoing industrial development in the surrounding area continues to enhance the corridor, bringing additional amenities and positioning this asset as a prime opportunity in one of Golden’s most desirable and evolving submarkets.
Key Highlights
- Balanced mix of office and warehouse space, approximately 12,402 sq ft each, offering flexibility.
- Convenient location with easy access to I‑70 and Highway 58, near the Coors Technology Center.
- Modern office buildout featuring a reception area, kitchen, private offices, gym, and conference rooms.
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
$334,260
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
8.05%
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%
$6,685,200
$6.7M
Cap Rate 7%
$4,775,143
$4.8M
Cap Rate 9%
$3,714,000
$3.7M
Market Conditions
NOI Build-Up for 24,804 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
$503.0K $20.28/SF
− Vacancy
−$57.3K −$2.31/SF
EGI
$445.7K $17.97/SF
− OpEx
−$111.4K −$4.49/SF
NOI
$334.3K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /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%
$6,685,200
Cap Rate 7%
$4,775,143
Cap Rate 9%
$3,714,000
Alternative Uses
Best Use
Office B
$4.78M
$4.18M – $5.57M
NOI $334,260 @ 7.0% cap · market cap 8.05%
Second Best
Flex RnD
$2.98M
$2.60M – $3.47M
NOI $208,252 @ 7.0% cap · market cap 5.02%
Theoretical Best
Multifamily LT 5
$55.20M
$48.30M – $64.40M
NOI $3,863,851 @ 7.0% cap · market cap 93.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two-building complex with office and warehouse space in Golden, Colorado.
Where is this flex space located?
The property is located at 5932-5934 Mcintyre St Golden, CO.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Balanced mix of office and warehouse space, approximately 12,402 sq ft each, offering flexibility.; Convenient location with easy access to I‑70 and Highway 58, near the Coors Technology Center.; Modern office buildout featuring a reception area, kitchen, private offices, gym, and conference rooms.
