Lone Tree NNN Investment
For Sale
$3,248,190
9447 Park Meadows Drive, Lone Tree, CO 80124
NNN investment property in Lone Tree entertainment district.
Property Size8,083 SF
Price / SF$401.85
Days on Market282
Property Features for 9447 Park Meadows Drive
General Information
Standard status
Active
Size
8,083 SF
Property subtype
Retail
Building Details
Building Size
8,083 SF
Year Built
1999
Listing Agency:
Pinnacle Real Estate Advisors
(720) 291-0686
Listed By:
Cody Stambaugh · License #CO #100039158
(720) 291-0686
Source:
Pinnaclerea
Added: Nov 21, 2025
Changed: Aug 19
Last Checked: Aug 29 at 7:23AM
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 Pinnacle Real Estate Advisors
Investment Insights
Based on property information with market context.
This is an NNN investment property located within the Lone Tree Entertainment District. The property offers 8,083 square feet of space and is suitable for retail and specialty purposes.
Key Highlights
- NNN Investment opportunity.
- Located in the vibrant Lone Tree Entertainment District.
- Year Built: 1999.
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
$166,502
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
5.13%
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%
$3,330,040
$3.3M
Cap Rate 7%
$2,378,600
$2.4M
Cap Rate 9%
$1,850,022
$1.9M
Market Conditions
NOI Build-Up for 8,083 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
$243.5K $30.12/SF
− Vacancy
−$5.6K −$0.69/SF
EGI
$237.9K $29.43/SF
− OpEx
−$71.4K −$8.83/SF
NOI
$166.5K $20.60/SF
Area
Douglas County, CO
Vacancy
2.30%
Lease Rate
$30.12 /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%
$3,330,040
Cap Rate 7%
$2,378,600
Cap Rate 9%
$1,850,022
Alternative Uses
Best Use
Retail
$2.38M
$2.08M – $2.78M
NOI $166,502 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,345 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
Business Placement
Demographics for 80124, CO
22,541
Population
10,167
Households
2.2
Avg Household Size
38
Median Age
67%
College-Educated
98%
High-School Grad
9.4 sq mi
ZIP Area
2,398
Density / Sq Mi
$126,775
Median Household Income
$76,215
Median Earnings
$2,055
Median Rent
$726,600
Median Home Value
Market
Vacancy Rate% for Retail 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?
NNN property - NNN investment property in Lone Tree entertainment district.
Where is this nnn property located?
The property is located at 9447 Park Meadows Drive Lone Tree, CO.
What is the asking price?
The asking price for this property is $3,248,190.
What are key features of this property?
This property features: NNN Investment opportunity.; Located in the vibrant Lone Tree Entertainment District.; Year Built: 1999.
