Standalone Grocery
For Sale
$1,650,000
8099 St 8099 6th St 8099, Wellington, CO 80549
Standalone grocery and convenience storefront in excellent condition, offered for sale with tenant in place.
Property Size8,352 SF
Price / SF$197.56
Days on Market158
Property Features for 8099 St 8099 6th St 8099
General Information
Standard status
Active
Size
8,352 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$40,271
Amenities
Central Air
C-1
34043.0
Building Details
Year Built
2012
Listing Agency:
Realtec C.R.E.S., LLC
(970) 229-9900
Listed By:
Erik Broman · License #FA.100006880
(970) 229-9900
Source:
Xome
Added: Mar 20
Changed: Aug 23
Last Checked: Aug 22 at 9:18AM
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 Realtec C.R.E.S., LLC
Investment Insights
Based on property information with market context.
This standalone grocery and convenience storefront property is presented in excellent condition. The offering is suitable for an owner-user or an investor, and the public remarks indicate high visibility.
The property is located at 8099 6th St in Wellington, CO 80549. Please do not disturb the tenant. Contact the broker for additional details and access information.
The property is located at 8099 6th St in Wellington, CO 80549. Please do not disturb the tenant. Contact the broker for additional details and access information.
Key Highlights
- Standalone grocery and convenience storefront offered for sale with tenant in place
- In excellent condition
- Retail property positioned as a standalone location with described high visibility (per remarks)
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
$89,958
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
5.45%
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%
$1,799,160
$1.8M
Cap Rate 7%
$1,285,114
$1.3M
Cap Rate 9%
$999,533
$999.5K
Market Conditions
NOI Build-Up for 8,352 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
$123.5K $14.79/SF
− Vacancy
−$3.6K −$0.43/SF
EGI
$119.9K $14.36/SF
− OpEx
−$30.0K −$3.59/SF
NOI
$90.0K $10.77/SF
Area
Larimer County, CO
Vacancy
2.90%
Lease Rate
$14.79 /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%
$1,799,160
Cap Rate 7%
$1,285,114
Cap Rate 9%
$999,533
Alternative Uses
Best Use
Specialty Retail
$1.29M
$1.12M – $1.50M
NOI $89,958 @ 7.0% cap · market cap 5.45%
Second Best
Retail
$1.04M
$913.4K – $1.22M
NOI $73,075 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M
NOI $156,927 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
126k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 40%
Groceries 12%
Home Improvements & Furnishings 6%
McDonald's
Dining
20,394 visits/mo
0.1 miles
Maverik Adventures First Stop
Shops & Services
17,482 visits/mo
0.1 miles
Ridley's Family Market
Groceries
15,277 visits/mo
0.4 miles
Loaf 'N Jug
Shops & Services
13,837 visits/mo
0.1 miles
Taco Bell
Dining
8,878 visits/mo
0.1 miles
Demographics for 80549, CO
13,530
Population
5,131
Households
2.6
Avg Household Size
34
Median Age
44%
College-Educated
97%
High-School Grad
187.1 sq mi
ZIP Area
72
Density / Sq Mi
$103,760
Median Household Income
$52,401
Median Earnings
$2,290
Median Rent
$452,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Standalone grocery and convenience storefront in excellent condition, offered for sale with tenant in place.
Where is this grocery and convenience store located?
The property is located at 8099 St 8099 6th St 8099 Wellington, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Standalone grocery and convenience storefront offered for sale with tenant in place; In excellent condition; Retail property positioned as a standalone location with described high visibility (per remarks)
