Flex Space with Retail
New
For Sale
$1,250,000
9690 Dallas #I & J, Commerce City, CO 80640
The adaptable layout combines showroom, kitchen, restroom, and warehouse areas for varied commercial functions.
Property Size5,000 SF
Price / SF$250
Days on Market3
Property Features for 9690 Dallas #I & J
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Additional Details
Mixed-Use Components
retail, warehouse
Sprinkler System
Yes
Property Use
Industrial/Flex/Retail Showroom
Taxes and HOA fees
Annual Taxes
$25,494
Amenities
large kitchen
ADA-compliant restrooms
semi-truck circulation
Building Details
Year Built
2001
Listing Agency:
UNIQUE PROPERTIES LLC
(303) 321-5888
Listed By:
RACHEL COLOROSA · License #100066476
(303) 886-8154
Source:
Corcoran
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 2:39PM
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 UNIQUE PROPERTIES 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
Multifamily LT 5
$73.57M
$64.37M – $85.83M
NOI $5,149,568 @ 7.0% cap · market cap 411.97%
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
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
