Freestanding Retail
For Sale
$1,775,000
6071 E 72nd Ave Commerce, Commerce City, CO 80022
Commercial space fronts 72nd Avenue and includes an existing tenant.
Property Size7,903 SF
Lot Size0.77 Acres
Price / SF$224.60
Days on Market194
Property Features for 6071 E 72nd Ave Commerce
General Information
Standard status
Active
Size
7,903 SF
Lot size
0.77 Acres
Property subtype
Free Standing Building
Building Details
Building Size
7,903 SF
Year Built
2004
Buildings
1
Properties For Sale
at 6071 E 72nd Ave Commerce Contact us- Size
- 7,903 SF
- Lease Type
- NNN
6071 E 72nd Ave
Listing Agency:
Unique Properties, Inc
(303) 321-5920
Listed By:
Sam Leger · License #FA.040042452
(303) 321-5920
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 3:03PM
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 retail property in Commerce City, Colorado, contains 7,903 SF of building area on a 33,670 SF lot. Constructed in 2004, the building provides an established retail setting along E 72nd Avenue and includes an existing tenant. The property is positioned for continued retail use, with its standalone configuration and street-oriented placement offering a straightforward commercial layout. Located in Adams County, the asset combines a dedicated building with an underlying lot that supports its current retail function.
Key Highlights
- 7,903 SF freestanding retail building
- 33,670 SF lot
- Constructed in 2004
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
$142,795
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
8.04%
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%
$2,855,900
$2.9M
Cap Rate 7%
$2,039,929
$2.0M
Cap Rate 9%
$1,586,611
$1.6M
Market Conditions
NOI Build-Up for 7,903 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
$213.4K $27.00/SF
− Vacancy
−$9.4K −$1.19/SF
EGI
$204.0K $25.81/SF
− OpEx
−$61.2K −$7.74/SF
NOI
$142.8K $18.07/SF
Area
Adams County, CO
Vacancy
4.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
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%
$2,855,900
Cap Rate 7%
$2,039,929
Cap Rate 9%
$1,586,611
Alternative Uses
Best Use
Retail
$2.04M
$1.78M – $2.38M
NOI $142,795 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$116.28M
$101.74M – $135.66M
NOI $8,139,406 @ 7.0% cap · market cap 458.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
604
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Groceries 19%
Dining 2%
Save-A-Lot
Groceries
10,995 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,179 visits/mo
0.1 miles
Conoco
Shops & Services
7,038 visits/mo
0.1 miles
Dollar General
Shops & Services
6,435 visits/mo
0.5 miles
AutoZone
Shops & Services
5,440 visits/mo
0.1 miles
Demographics for 80022, CO
57,432
Population
19,929
Households
2.9
Avg Household Size
32
Median Age
22%
College-Educated
80%
High-School Grad
79.6 sq mi
ZIP Area
722
Density / Sq Mi
$98,858
Median Household Income
$50,575
Median Earnings
$1,507
Median Rent
$448,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial space fronts 72nd Avenue and includes an existing tenant.
Where is this retail space located?
The property is located at 6071 E 72nd Ave Commerce Commerce City, CO.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: 7,903 SF freestanding retail building; 33,670 SF lot; Constructed in 2004
