Three-Level Flex
For Sale
Contact for pricing
8330 South Colorado Boulevard, Highlands Ranch, CO 80126
Modern commercial space combines presentation areas, private offices, employee amenities, and an attached warehouse.
Property Size32,934 SF
Price / SF$180.66
Days on Market34
Property Features for 8330 South Colorado Boulevard
General Information
Standard status
Active
Size
32,934 SF
Total Parking Spaces
45
Property subtype
Retail, Office, Special Purpose
Zoning
C-Commercial
Investment Type
Owner/User
Amenities
clerestory windows
rooftop skylights
custom glass panel railings
broad stairs
ramp access
custom overhead light panels
private offices
employee lounge
attached warehouse
Building Details
Year Built
2000
Buildings
1
Stories
3
Construction
modernist
Listing Agency:
Colorado Group
Listed By:
Karla Brown · License #CO FA100052381
(303) 589-8418
Source:
Crexi
Added: Aug 11
Changed: Sep 13
Last Checked: Sep 13 at 6:35AM
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 Colorado Group
Investment Insights
Based on property information with market context.
This 32934 SF flex property includes a three-level showroom configured for merchandising or presentations, along with three private offices, an employee lounge, and an attached warehouse. Clerestory windows, rooftop skylights, custom overhead light panels, glass railings, broad stairs, and ramp access define the interior and support circulation across the showroom levels. The property was built in 2000 and carries C-Commercial zoning.
Located at 8330 South Colorado Boulevard in Highlands Ranch, the building is near Park Meadows Mall, Ferrari and Bentley dealerships, and other retail centers. Its setting is also surrounded by upscale residential neighborhoods and high-end retail properties.
Located at 8330 South Colorado Boulevard in Highlands Ranch, the building is near Park Meadows Mall, Ferrari and Bentley dealerships, and other retail centers. Its setting is also surrounded by upscale residential neighborhoods and high-end retail properties.
Key Highlights
- 32934 SF flex property with a three‑level showroom
- Three private offices, an employee lounge, and attached warehouse
- Clerestory windows and rooftop skylights provide natural interior light
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
$309,557
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
5.20%
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%
$6,191,140
$6.2M
Cap Rate 7%
$4,422,243
$4.4M
Cap Rate 9%
$3,439,522
$3.4M
Market Conditions
NOI Build-Up for 32,934 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
$375.4K $11.40/SF
− Vacancy
−$11.3K −$0.34/SF
EGI
$364.2K $11.06/SF
− OpEx
−$54.6K −$1.66/SF
NOI
$309.6K $9.40/SF
Area
Highlands Ranch, CO
Vacancy
3.00%
Lease Rate
$11.40 /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%
$6,191,140
Cap Rate 7%
$4,422,243
Cap Rate 9%
$3,439,522
Alternative Uses
Best Use
Retail
$8.33M
$7.29M – $9.72M
NOI $583,437 @ 7.0% cap · market cap 9.81%
Second Best
Warehouse
$4.42M
$3.87M – $5.16M
NOI $309,557 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$8.93M
$7.81M – $10.42M
NOI $625,111 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80126, CO
44,221
Population
16,304
Households
2.7
Avg Household Size
40
Median Age
69%
College-Educated
99%
High-School Grad
10.8 sq mi
ZIP Area
4,095
Density / Sq Mi
$166,501
Median Household Income
$71,711
Median Earnings
$2,379
Median Rent
$713,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Modern commercial space combines presentation areas, private offices, employee amenities, and an attached warehouse.
Where is this flex space located?
The property is located at 8330 South Colorado Boulevard Highlands Ranch, CO.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 32934 SF flex property with a three‑level showroom; Three private offices, an employee lounge, and attached warehouse; Clerestory windows and rooftop skylights provide natural interior light
