Two-Unit Industrial
7223 W 118th Pl Unit A & B, Broomfield, CO 80020
For Sale
Contact for pricing
The adjoining suites are leased on an NNN basis through December 2030.
Property Size4,056 SF
Price / SF$176.28
Days on Market32
Property Features for 7223 W 118th Pl Unit A & B
General Information
Standard status
Size
Property subtype
Additional Details
Asking Price
Highway Access
Tenant in Place
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Corey Sandberg · License CO FA100074750
(928) 533-4581
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 12 at 7:41AM
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 Pinnacle Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial condominium comprises Units A and B, adjoining spaces totaling 4,056 square feet. ETS PERFORMANCE occupies the property under an NNN lease that runs through December 2030. The tenant operates more than 80 locations nationwide.
The property is in Broomfield, Colorado, with access to US 36, Wadsworth Parkway, and 120th Avenue. Nearby businesses span industrial, commercial, service, and retail uses.
The property is in Broomfield, Colorado, with access to US 36, Wadsworth Parkway, and 120th Avenue. Nearby businesses span industrial, commercial, service, and retail uses.
Key Highlights
- 4,056‑square‑foot industrial condominium across adjoining Units A and B
- NNN lease with ETS PERFORMANCE runs through December 2030
- Tenant operates 80+ locations nationwide
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,431
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,620
$628.6K
Cap Rate 7%
$449,014
$449.0K
Cap Rate 9%
$349,233
$349.2K
Market Conditions
NOI Build-Up for 4,056 SF
Gross rent
$47.0K $11.58/SF
− Vacancy
−$2.1K −$0.51/SF
EGI
$44.9K $11.07/SF
− OpEx
−$13.5K −$3.32/SF
NOI
$31.4K $7.75/SF
Area
Jefferson County, CO
Vacancy
4.40%
Lease Rate
$11.58 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,620
Cap Rate 7%
$449,014
Cap Rate 9%
$349,233
Alternative Uses
Best Use
Industrial
$449.0K
$392.9K – $523.9K
NOI $31,431 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$981.5K – $1.31M
NOI $78,520 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 80020, CO
52,141
Population
21,607
Households
2.4
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.8 sq mi
ZIP Area
2,633
Density / Sq Mi
$114,039
Median Household Income
$58,056
Median Earnings
$2,024
Median Rent
$570,100
Median Home Value
Market
Average Price Trend$/SF for Industrial properties in Jefferson County, CO
Properties on Market for Industrial properties in Jefferson County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - The adjoining suites are leased on an NNN basis through December 2030.
Where is this industrial property located?
The property is located at 7223 W 118th Pl Unit A & B Broomfield, CO.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 4,056‑square‑foot industrial condominium across adjoining Units A and B; NNN lease with ETS PERFORMANCE runs through December 2030; Tenant operates 80+ locations nationwide
