Standalone Two-Unit Retail/Office
For Sale
$855,000
6755 E Ave 6755 E 72nd Ave 6755, Commerce City, CO 80022
Single-story commercial building on a 0.52-acre lot with two-unit retail or office configuration and rear alley access.
Property Size2,400 SF
Lot Size0.52 Acres
Price / SF$356.25
Days on Market57
Property Features for 6755 E Ave 6755 E 72nd Ave 6755
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.52 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Taxes and HOA fees
Annual Taxes
$18,744
Amenities
Central Air
3
C-1
City
Level
22725.0
Sidewalks, Gutters, Street Lights. Close to Bus Line, Public Transport, Curbs Walk, Asphalt, City Road, Level, Southern Exposure.
Building Details
Year Built
1974
Stories
1
Tenancy
Multi
Listing Agency:
MB/Mountain & Plain R.E.
(303) 667-6766
Listed By:
Doug Cichon
(303) 667-6766
Source:
Xome
Added: Jul 4
Changed: Aug 25
Last Checked: Aug 29 at 7:17AM
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 MB/Mountain & Plain R.E.
Investment Insights
Based on property information with market context.
This standalone, single-story commercial building is configured as a versatile two-unit space suitable for retail or professional office use. The property includes forced-air heating and central cooling for year-round comfort, along with an adaptable interior layout. Additional outdoor space is supported by a rear alley access point, offering flexibility for operational needs such as deliveries, equipment storage, or future site improvements.
The building sits on a 0.52-acre lot and is presented as a practical option for an owner-occupant looking to use one unit and lease the other, or for an investor seeking a two-tenant setup. The seller’s remarks also reference owner carry financing.
Set up for straightforward operations with dedicated outdoor access, this property is designed to support both commercial frontage use and day-to-day logistics through the rear access.
The building sits on a 0.52-acre lot and is presented as a practical option for an owner-occupant looking to use one unit and lease the other, or for an investor seeking a two-tenant setup. The seller’s remarks also reference owner carry financing.
Set up for straightforward operations with dedicated outdoor access, this property is designed to support both commercial frontage use and day-to-day logistics through the rear access.
Key Highlights
- Single‑story commercial building built in 1974 with 2,400 SF configured as a two‑unit retail or professional office space
- Sits on a 0.52‑acre lot (22,725 SF) with outdoor space for parking, equipment storage, deliveries, or future expansion
- Convenient additional access from the rear alley for easier ingress/egress
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
$43,416
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
5.08%
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%
$868,320
$868.3K
Cap Rate 7%
$620,229
$620.2K
Cap Rate 9%
$482,400
$482.4K
Market Conditions
NOI Build-Up for 2,400 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
$72.0K $30.00/SF
− Vacancy
−$14.1K −$5.88/SF
EGI
$57.9K $24.12/SF
− OpEx
−$14.5K −$6.03/SF
NOI
$43.4K $18.09/SF
Area
Adams County, CO
Vacancy
19.60%
Lease Rate
$30.00 /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%
$868,320
Cap Rate 7%
$620,229
Cap Rate 9%
$482,400
Alternative Uses
Best Use
Office B
$620.2K
$542.7K – $723.6K
NOI $43,416 @ 7.0% cap · market cap 5.08%
Second Best
Retail
$619.5K
$542.1K – $722.7K
NOI $43,364 @ 7.0% cap · market cap 5.07%
Theoretical Best
Multifamily LT 5
$35.31M
$30.90M – $41.20M
NOI $2,471,792 @ 7.0% cap · market cap 289.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story commercial building on a 0.52-acre lot with two-unit retail or office configuration and rear alley access.
Where is this storefront property located?
The property is located at 6755 E Ave 6755 E 72nd Ave 6755 Commerce City, CO.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Single‑story commercial building built in 1974 with 2,400 SF configured as a two‑unit retail or professional office space; Sits on a 0.52‑acre lot (22,725 SF) with outdoor space for parking, equipment storage, deliveries, or future expansion; Convenient additional access from the rear alley for easier ingress/egress
