Industrial Warehouse for
For Sale
Contact for pricing
7777 East 40th Avenue, Denver, CO 80207
Well-sized industrial warehouse available for purchase at 7777 East 40th Avenue, supporting storage and distribution operations.
Property Size63,134 SF
Price / SF$150.47
Days on Market69
Property Features for 7777 East 40th Avenue
General Information
Standard status
Active
Size
63,134 SF
Property subtype
Industrial
Zoning
I-MX-5
Building Details
Year Built
1963
Buildings
1
Tenancy
Multi
Listing Agency:
Malman Real Estate
(720) 471-1763
Listed By:
Taylor Roy · License #EC 100099249
Source:
Crexi
Added: Jun 4
Changed: Aug 8
Last Checked: Aug 10 at 7:33AM
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 Malman Real Estate
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse totals approximately 63,164 SF. The offering is presented as a single industrial property suitable for organizations seeking dedicated space to support storage, warehousing, and distribution activities.
The property is located at 7777 East 40th Avenue in Denver, Colorado (80207). Its utility as an industrial asset is supported by its classification as a warehouse/distribution-type property within the provided materials.
For buyers evaluating industrial real estate, the key consideration here is the availability of a substantial footprint designed for warehouse use. This property may fit tenant or owner-operator requirements where the primary need is operational space for handling inventory, warehousing functions, or distribution workflows. As with any warehouse acquisition, prospective purchasers should confirm site-specific capabilities and constraints with the seller and verify that the space aligns with their process and equipment needs.
The property is located at 7777 East 40th Avenue in Denver, Colorado (80207). Its utility as an industrial asset is supported by its classification as a warehouse/distribution-type property within the provided materials.
For buyers evaluating industrial real estate, the key consideration here is the availability of a substantial footprint designed for warehouse use. This property may fit tenant or owner-operator requirements where the primary need is operational space for handling inventory, warehousing functions, or distribution workflows. As with any warehouse acquisition, prospective purchasers should confirm site-specific capabilities and constraints with the seller and verify that the space aligns with their process and equipment needs.
Key Highlights
- 1963‑built industrial warehouse totaling 63,164 SF
- Available for purchase for storage and distribution operations
- Located at 7777 East 40th Avenue
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
$652,403
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
6.87%
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%
$13,048,060
$13.0M
Cap Rate 7%
$9,320,043
$9.3M
Cap Rate 9%
$7,248,922
$7.2M
Market Conditions
NOI Build-Up for 63,134 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
$833.4K $13.20/SF
− Vacancy
−$65.8K −$1.04/SF
EGI
$767.5K $12.16/SF
− OpEx
−$115.1K −$1.82/SF
NOI
$652.4K $10.33/SF
Area
Denver, CO
Vacancy
7.90%
Lease Rate
$13.20 /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%
$13,048,060
Cap Rate 7%
$9,320,043
Cap Rate 9%
$7,248,922
Alternative Uses
Best Use
Warehouse
$9.32M
$8.16M – $10.87M
NOI $652,403 @ 7.0% cap · market cap 6.87%
Second Best
Industrial
$7.66M
$6.70M – $8.94M
NOI $536,223 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$20.10M
$17.59M – $23.45M
NOI $1,406,848 @ 7.0% cap · market cap 14.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
590
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80207, CO
21,170
Population
9,291
Households
2.3
Avg Household Size
38
Median Age
61%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,428
Density / Sq Mi
$112,325
Median Household Income
$71,163
Median Earnings
$1,819
Median Rent
$661,900
Median Home Value
Market
Vacancy Rate% for Industrial in Denver, CO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- A+ Warehouse LLC — 4195 Oneida St # P, Denver, CO 80216
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- Jerry Storage Units — 7506 E 36th Ave, Denver, CO 80238
- SecureSpace Self Storage Park Hill Denver — 7200 E 36th Ave, Denver, CO 80207
- Safeway Moving Inc — 4195 Oneida St STE A, Denver, CO 80216
Frequently Asked Questions
What type of property is this?
Warehouse - Well-sized industrial warehouse available for purchase at 7777 East 40th Avenue, supporting storage and distribution operations.
Where is this warehouse located?
The property is located at 7777 East 40th Avenue Denver, CO.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 1963‑built industrial warehouse totaling 63,164 SF; Available for purchase for storage and distribution operations; Located at 7777 East 40th Avenue
