Littleton Industrial Property For
For Sale
Contact for pricing
8022 Southpark Cir, Littleton, CO 80120
42,380 SqFt industrial property with 6.00% CAP rate.
Property Size42,380 SF
Price / SF$250.12
Days on Market142
Property Features for 8022 Southpark Cir
General Information
Standard status
Active
Size
42,380 SF
Property subtype
Industrial, Mixed Use
Zoning
PD-I
Lease Type
NNN
Building Details
Year Built
2001
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Goodman Commercial Real Estate
(720) 457-6324
Listed By:
Drew Goodman · License #CO FA100053648
Source:
Crexi
Added: Mar 24
Changed: Aug 11
Last Checked: Aug 11 at 4:00PM
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 Goodman Commercial Real Estate
Investment Insights
Based on property information with market context.
This industrial property, located in Littleton, Colorado, offers 42,380 square feet of space. The property is being offered for sale and has a capitalized rate of 6.00%.
Key Highlights
- 42,380 SqFt Industrial Space
- Great investment opportunity with a 6.00% CAP Rate
- Built in 2001
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
$604,781
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
5.71%
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%
$12,095,620
$12.1M
Cap Rate 7%
$8,639,729
$8.6M
Cap Rate 9%
$6,719,789
$6.7M
Market Conditions
NOI Build-Up for 42,380 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
$879.8K $20.76/SF
− Vacancy
−$15.8K −$0.37/SF
EGI
$864.0K $20.39/SF
− OpEx
−$259.2K −$6.12/SF
NOI
$604.8K $14.27/SF
Area
Douglas County, CO
Vacancy
1.80%
Lease Rate
$20.76 /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%
$12,095,620
Cap Rate 7%
$8,639,729
Cap Rate 9%
$6,719,789
Alternative Uses
Best Use
Industrial
$8.64M
$7.56M – $10.08M
NOI $604,781 @ 7.0% cap · market cap 5.71%
Second Best
Mixed Use
$7.56M
$6.62M – $8.83M
NOI $529,535 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$14.56M
$12.74M – $16.98M
NOI $1,018,971 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
Explore this area
Business Placement
Demographics for 80120, CO
29,445
Population
14,252
Households
2.1
Avg Household Size
42
Median Age
52%
College-Educated
96%
High-School Grad
8.4 sq mi
ZIP Area
3,505
Density / Sq Mi
$91,162
Median Household Income
$52,849
Median Earnings
$1,607
Median Rent
$596,400
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?
Industrial property - 42,380 SqFt industrial property with 6.00% CAP rate.
Where is this industrial property located?
The property is located at 8022 Southpark Cir Littleton, CO.
What is the asking price?
The asking price for this property is $10,600,000.
What are key features of this property?
This property features: 42,380 SqFt Industrial Space; Great investment opportunity with a 6.00% CAP Rate; Built in 2001
