Thornton Industrial Space For
8651 Grant St, Thornton, CO 80229
For Sale
Contact for pricing
16,751 SF industrial space on 1.06-acre parcel.
Property Size16,751 SF
Lot Size1.06 Acres
Price / SF$176.11
Days on Market287
Property Features for 8651 Grant St
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Building Details
Year Built
Listing Agency:
Colliers
Listed By:
Kristjan Danis · License CO FA.100087888
(303) 745-5800
Source:
Crexi
Added: Jan 30
Changed: Nov 3
Last Checked: Nov 12 at 5:31AM
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 Colliers
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Investment Insights
Based on property information with market context.
Located in the Denver metro market, 8651 Grant St offers 16,751 SF of high-clearance industrial space on a 1.06-acre parcel. The property features 27’ clear heights and two dock-high doors, delivering strong loading efficiency and operational flexibility. With a clean, efficient layout, the building is ideal for warehouse, distribution, or light manufacturing users seeking vertical storage capabilities in a strategic Thornton location.
Key Highlights
- 16,751 SF of high‑clearance industrial space.
- Strategic Thornton location within the Denver metro market.
- 27’ clear heights, suitable for vertical storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,758
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,160
$2.7M
Cap Rate 7%
$1,910,829
$1.9M
Cap Rate 9%
$1,486,200
$1.5M
Market Conditions
NOI Build-Up for 16,751 SF
Gross rent
$170.9K $10.20/SF
− Vacancy
−$13.5K −$0.81/SF
EGI
$157.4K $9.39/SF
− OpEx
−$23.6K −$1.41/SF
NOI
$133.8K $7.99/SF
Area
ZIP 80229
Vacancy
7.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,160
Cap Rate 7%
$1,910,829
Cap Rate 9%
$1,486,200
Alternative Uses
Best Use
Warehouse
$1.91M
$1.67M – $2.23M
NOI $133,758 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.08M
$4.45M – $5.93M
NOI $355,941 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Adams County, CO
Properties on Market for Warehouses in Adams County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Sam Self Storage Units — 8700 Evelyn Ct, Denver, CO 80229
- CubeSmart Self Storage — 8700 Devonshire Blvd, Denver, CO 80229
Frequently Asked Questions
What type of property is this?
Warehouse - 16,751 SF industrial space on 1.06-acre parcel.
Where is this warehouse located?
The property is located at 8651 Grant St Thornton, CO.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 16,751 SF of high‑clearance industrial space.; Strategic Thornton location within the Denver metro market.; 27’ clear heights, suitable for vertical storage.
