Flex Space with Retail
9690 Dallas #I & J, Commerce City, CO 80640
For Sale
$1,250,000
The adaptable layout combines showroom, kitchen, restroom, and warehouse areas for varied commercial functions.
Property Size5,000 SF
Price / SF$250
Days on Market17
Property Features for 9690 Dallas #I & J
General Information
Standard status
Size
Property subtype
Additional Details
Mixed-Use Components
Sprinkler System
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
large kitchen
ADA-compliant restrooms
semi-truck circulation
Building Details
Year Built
Listing Agency:
Keller Williams Realty Downtown LLC
(303) 539-5700
Listed By:
RACHEL COLOROSA · License CO #100066476
(303) 321-5888
Source:
Corcoran
Added: Oct 28
Changed: Nov 12
Last Checked: Nov 12 at 6:58AM
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 Keller Williams Realty Downtown LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Units I and J combine 5,000 SF of industrial and flex space with a retail storefront. The interior includes a large kitchen, two ADA-compliant restrooms, and multiple warehouse areas. These warehouse areas can be converted to 23’ clear height, and wet fire sprinklers serve the space. The property was built in 2001.
Semi-truck circulation provides access to the space. The contiguous configuration brings the showroom, kitchen, restrooms, and warehouse areas together within one offering.
Semi-truck circulation provides access to the space. The contiguous configuration brings the showroom, kitchen, restrooms, and warehouse areas together within one offering.
Key Highlights
- 5,000 SF of contiguous industrial/flex space
- Retail storefront with showroom space
- Multiple warehouse areas convertible to 23’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,342
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,806,840
$1.8M
Cap Rate 7%
$1,290,600
$1.3M
Cap Rate 9%
$1,003,800
$1.0M
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$135.0K $27.00/SF
− Vacancy
−$5.9K −$1.19/SF
EGI
$129.1K $25.81/SF
− OpEx
−$38.7K −$7.74/SF
NOI
$90.3K $18.07/SF
Area
Adams County, CO
Vacancy
4.40%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,806,840
Cap Rate 7%
$1,290,600
Cap Rate 9%
$1,003,800
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.51M
NOI $90,342 @ 7.0% cap · market cap 7.23%
Second Best
Warehouse
$1.03M
$904.2K – $1.21M
NOI $72,335 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,053 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80640, CO
13,106
Population
4,889
Households
2.7
Avg Household Size
33
Median Age
26%
College-Educated
89%
High-School Grad
13.0 sq mi
ZIP Area
1,008
Density / Sq Mi
$111,145
Median Household Income
$58,417
Median Earnings
$2,138
Median Rent
$464,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Adams County, CO
Properties on Market for Flex space in Adams County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - The adaptable layout combines showroom, kitchen, restroom, and warehouse areas for varied commercial functions.
Where is this flex space located?
The property is located at 9690 Dallas #I & J Commerce City, CO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5,000 SF of contiguous industrial/flex space; Retail storefront with showroom space; Multiple warehouse areas convertible to 23’ clear height
