Freestanding Industrial Buildings with
950 Simms St, Lakewood, CO 80401
New
Three freestanding industrial buildings with retail/showroom exposure and a fenced, fully paved yard sized for storage and access.
Type:Industrial
Property size:
22,800 SFLot size:
2.00 AcresPrice / SF:
$217/SF- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 3:59 am
Property Features for 950 Simms St
General Information
- Standard status
- Active
- Size
- 22,800 SF
- Lot size
- 2.00 Acres
- Property subtype
- Industrial
Listing office Denver (303) 283-4578
Listing date Jun 25, 2026
Source Colliers
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 Denver
HighLights
- ±22,800 SF across 3 freestanding buildings with retail/showroom exposure on Simms St. (30,000 VPD)
- 2‑acre fenced, fully paved yard with 3 drive‑in doors and 1 dock high door for storage and access
- 2 of 3 buildings leased to 2 tenants with in‑place net income of $435,254 (7% cap rate)
- Pro forma annual net rent of $468,254 reflected at a 9.46% cap rate
- 7‑minute walk to Oak Street Light Rail in the West Denver submarket
- Highly accessible to 6th Avenue and I‑70
Overview
This offering totals approximately 22,800 SF across three freestanding buildings, with retail/showroom exposure and multiple building access points. The property also includes a fenced, fully paved yard on roughly two acres, supported by three drive-in doors and one dock-high door to accommodate deliveries and day-to-day operations.
The buildings are positioned along Simms St. with retail/showroom exposure on heavy traffic (reported at 30,000 VPD). The site is described as a tight West Denver submarket with convenient transit access, including an approximately seven-minute walk from Oak Street Light Rail. Access is also noted as highly convenient to 6th Avenue and I-70.
The property is currently 2/3 leased to two tenants. Financial details provided include an in-place net income of $435,254 (7% capitalization rate) and a pro forma annual net rent of $468,254 (9.46% capitalization rate). For operators or investors seeking a mixed-use capable industrial package with yard storage, drive-in and dock-high loading, and existing tenancy, this configuration supports both flexible use and straightforward occupancy planning based on the existing lease structure.
The buildings are positioned along Simms St. with retail/showroom exposure on heavy traffic (reported at 30,000 VPD). The site is described as a tight West Denver submarket with convenient transit access, including an approximately seven-minute walk from Oak Street Light Rail. Access is also noted as highly convenient to 6th Avenue and I-70.
The property is currently 2/3 leased to two tenants. Financial details provided include an in-place net income of $435,254 (7% capitalization rate) and a pro forma annual net rent of $468,254 (9.46% capitalization rate). For operators or investors seeking a mixed-use capable industrial package with yard storage, drive-in and dock-high loading, and existing tenancy, this configuration supports both flexible use and straightforward occupancy planning based on the existing lease structure.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $478.8k | $21.00 |
| − Vacancy | −$40.7k | −$1.79 |
| EGI | $438.1k | $19.22 |
| − OpEx | −$131.4k | −$5.76 |
| NOI | $306.7k | $13.45 |
22,800 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.38M
$3.83M – $5.11M
NOI $306,671 @ 7.0% cap · market cap 6.20%
Second Best
Warehouse
$3.13M
$2.74M – $3.65M
NOI $219,113 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$6.83M
$5.98M – $7.97M
NOI $478,034 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Catering by Campfire — 840 Tabor St, Lakewood, CO 80401
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.244
- Latitude
- 39.7164
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Three freestanding industrial buildings with retail/showroom exposure and a fenced, fully paved yard sized for storage and access.
Where is this flex space located?
The property is located at 950 Simms St Lakewood, CO.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: ±22,800 SF across 3 freestanding buildings with retail/showroom exposure on Simms St. (30,000 VPD); 2‑acre fenced, fully paved yard with 3 drive‑in doors and 1 dock high door for storage and access; 2 of 3 buildings leased to 2 tenants with in‑place net income of $435,254 (7% cap rate)
