Flex Space with Overhead
For Sale
$215,000
735 Telluride Street C9, Aurora, CO 80011
Functional unit with highway connectivity, water access, and adaptable storage or workspace utility.
Property Size827 SF
Price / SF$259.98
Days on Market146
Property Features for 735 Telluride Street C9
General Information
Standard status
Active
Size
827 SF
Property subtype
Industrial - Flex - Industrial
Warehouse & Industrial
Warehouse Space
827 SF
Drive-In Doors
1
Additional Details
Asking Price
$215,000
Highway Access
Yes
Amenities
water access in unit
Building Details
Building Size
827 SF
Year Built
2006
Units
1
Listing Agency:
eXp Commercial
(303) 444-4888
Listed By:
Ryan Beckenhauer · License #FA100101496
Source:
Commercialcafe
Added: Apr 7
Changed: Aug 29
Last Checked: Aug 29 at 1:09PM
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 eXp Commercial
Investment Insights
Based on property information with market context.
Unit C9 at 735 Telluride Street is an 827-square-foot flex space built in 2006. The unit includes a 14' X 14' overhead door, water access, and no mezzanine, providing a straightforward configuration for storage or workspace uses. Its layout and drive-in access accommodate users requiring convenient loading and vehicle entry.
The property is positioned in an established industrial area of Aurora with access to I-70, E-470, and major arterial routes. These connections provide routes toward Denver, DIA, and the broader Front Range. The location supports practical access for vehicle-oriented storage needs and small-business operations.
The property is positioned in an established industrial area of Aurora with access to I-70, E-470, and major arterial routes. These connections provide routes toward Denver, DIA, and the broader Front Range. The location supports practical access for vehicle-oriented storage needs and small-business operations.
Key Highlights
- 827sf flex space in Unit C9
- 14' X 14' overhead door
- Water access in unit
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
$8,011
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
3.73%
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%
$160,220
$160.2K
Cap Rate 7%
$114,443
$114.4K
Cap Rate 9%
$89,011
$89.0K
Market Conditions
NOI Build-Up for 827 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
$10.2K $12.36/SF
− Vacancy
−$797 −$0.96/SF
EGI
$9.4K $11.40/SF
− OpEx
−$1.4K −$1.71/SF
NOI
$8.0K $9.69/SF
Area
ZIP 80011
Vacancy
7.80%
Lease Rate
$12.36 /SF/Yr
Expense Ratio
15.00%
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%
$160,220
Cap Rate 7%
$114,443
Cap Rate 9%
$89,011
Alternative Uses
Best Use
Warehouse
$114.4K
$100.1K – $133.5K
NOI $8,011 @ 7.0% cap · market cap 3.73%
Second Best
Industrial
$93.5K
$81.8K – $109.1K
NOI $6,547 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$190.7K
$166.9K – $222.5K
NOI $13,352 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 80011, CO
54,254
Population
19,108
Households
2.8
Avg Household Size
32
Median Age
19%
College-Educated
76%
High-School Grad
20.4 sq mi
ZIP Area
2,660
Density / Sq Mi
$69,719
Median Household Income
$36,853
Median Earnings
$1,607
Median Rent
$367,200
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Functional unit with highway connectivity, water access, and adaptable storage or workspace utility.
Where is this flex space located?
The property is located at 735 Telluride Street C9 Aurora, CO.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 827sf flex space in Unit C9; 14' X 14' overhead door; Water access in unit
