Heavy Industrial Flex
For Sale
$1,650,000
9861 Titan Park Circle, Littleton, CO 80125
2019-built flex warehouse zoned heavy industrial with drive-in doors, ADA restrooms, and outdoor storage.
Property Size3,750 SF
Price / SF$440
Days on Market91
Property Features for 9861 Titan Park Circle
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Industrial
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Outdoor Storage
Yes
Building Details
Building Size
3,750 SF
Year Built
2019
Listing Agency:
Unique Properties, Inc
(303) 668-3733
Listed By:
Brad Gilpin · License #EA.100007414
(303) 668-3733
Source:
Uniqueprop
Added: Jun 1
Changed: Aug 26
Last Checked: Aug 29 at 8:47AM
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, Inc
Investment Insights
Based on property information with market context.
This 2019-built heavy industrial flex warehouse is configured as 3,750 SF total demised space that can operate as multi-tenant. The layout includes approximately 700 SF of office space across the building. One 1,250 SF portion features a 10' x 12' drive-in door and a single ADA restroom. The remaining 2,500 SF portion includes a 12' x 12' drive-in door, a kitchenette, an ADA restroom, a reception area, and one private office.
The property offers easy access of S. Santa Fe Drive at West Titan Road and includes approximately 15,000 SF of outdoor storage area. Power is provided via 3-phase 400 amps.
The property offers easy access of S. Santa Fe Drive at West Titan Road and includes approximately 15,000 SF of outdoor storage area. Power is provided via 3-phase 400 amps.
Key Highlights
- Zoned heavy industrial in Douglas County.
- 2019 construction flex warehouse totaling 3,750 SF, split into 2,500 SF and 1,250 SF multi‑tenant spaces.
- 1,250 SF space includes a 10' x 12' drive‑in door and a single ADA restroom.
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
$53,514
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
3.24%
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%
$1,070,280
$1.1M
Cap Rate 7%
$764,486
$764.5K
Cap Rate 9%
$594,600
$594.6K
Market Conditions
NOI Build-Up for 3,750 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
$77.9K $20.76/SF
− Vacancy
−$1.4K −$0.37/SF
EGI
$76.4K $20.39/SF
− OpEx
−$22.9K −$6.12/SF
NOI
$53.5K $14.27/SF
Area
Douglas County, CO
Vacancy
1.80%
Lease Rate
$20.76 /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%
$1,070,280
Cap Rate 7%
$764,486
Cap Rate 9%
$594,600
Alternative Uses
Best Use
Industrial
$764.5K
$668.9K – $891.9K
NOI $53,514 @ 7.0% cap · market cap 3.24%
Second Best
Flex RnD
$699.0K
$611.7K – $815.6K
NOI $48,933 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,164 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80125, CO
12,482
Population
5,377
Households
2.3
Avg Household Size
41
Median Age
63%
College-Educated
99%
High-School Grad
39.2 sq mi
ZIP Area
318
Density / Sq Mi
$167,874
Median Household Income
$84,514
Median Earnings
$2,882
Median Rent
$708,200
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - 2019-built flex warehouse zoned heavy industrial with drive-in doors, ADA restrooms, and outdoor storage.
Where is this flex space located?
The property is located at 9861 Titan Park Circle Littleton, CO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Zoned heavy industrial in Douglas County.; 2019 construction flex warehouse totaling 3,750 SF, split into 2,500 SF and 1,250 SF multi‑tenant spaces.; 1,250 SF space includes a 10' x 12' drive‑in door and a single ADA restroom.
