Flex Building with Overhead
For Sale
Contact for pricing
E I-25 Frontage Road, Firestone, CO 80504
New core-and-shell flex building with overhead doors, designed for one to four tenants with available suites.
Property Size10,000 SF
Price / SF$389
Days on Market877
Property Features for E I-25 Frontage Road
General Information
Standard status
Active
Size
10,000 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
No
Listing Agency:
Cushman & Wakefield | Fort Collins
(970) 776-3900
Listed By:
Travis Ackerman · License #100014006
(970) 267-7720
Source:
Moodyscre
Added: Apr 19, 2024
Changed: Sep 9
Last Checked: Sep 12 at 9:53AM
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 Cushman & Wakefield | Fort Collins
Investment Insights
Based on property information with market context.
A new 10,000 SF flex building offered in core and shell condition. The property is set up to support one to four tenants, with suites ranging from 2,275 to 4,745 SF available for lease. Each unit includes an overhead door, giving the spaces an industrial feel suitable for light industrial use or retail/office configurations.
The building is located at the northeast corner of I-25 and Highway 119 in Firestone, with signage and visibility on I-25. Surrounding area is described as growth, supporting demand for flexible space.
For tenants or users seeking flexible layouts with direct overhead door access, this project offers a straightforward starting point in core and shell condition with multiple potential suite configurations.
The building is located at the northeast corner of I-25 and Highway 119 in Firestone, with signage and visibility on I-25. Surrounding area is described as growth, supporting demand for flexible space.
For tenants or users seeking flexible layouts with direct overhead door access, this project offers a straightforward starting point in core and shell condition with multiple potential suite configurations.
Key Highlights
- New 10,000 SF flex building in core‑and‑shell condition
- Supports one to four tenants with 2,275–4,745 SF available for lease
- Located at the northeast corner of I‑25 and Highway 119 in Firestone
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
$111,548
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
2.87%
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%
$2,230,960
$2.2M
Cap Rate 7%
$1,593,543
$1.6M
Cap Rate 9%
$1,239,422
$1.2M
Market Conditions
NOI Build-Up for 10,000 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
$142.8K $14.28/SF
− Vacancy
−$11.6K −$1.16/SF
EGI
$131.2K $13.12/SF
− OpEx
−$19.7K −$1.97/SF
NOI
$111.5K $11.15/SF
Area
Weld County, CO
Vacancy
8.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
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%
$2,230,960
Cap Rate 7%
$1,593,543
Cap Rate 9%
$1,239,422
Alternative Uses
Best Use
Warehouse
$1.59M
$1.39M – $1.86M
NOI $111,548 @ 7.0% cap · market cap 2.87%
Second Best
Industrial
$1.27M
$1.11M – $1.49M
NOI $89,162 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office B
$1.82M
$1.59M – $2.13M
NOI $127,575 @ 7.0% cap · market cap 3.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80504, CO
60,183
Population
23,359
Households
2.6
Avg Household Size
38
Median Age
43%
College-Educated
93%
High-School Grad
94.6 sq mi
ZIP Area
636
Density / Sq Mi
$109,671
Median Household Income
$54,317
Median Earnings
$1,895
Median Rent
$556,500
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 - New core-and-shell flex building with overhead doors, designed for one to four tenants with available suites.
Where is this flex space located?
The property is located at E I-25 Frontage Road Firestone, CO.
What is the asking price?
The asking price for this property is $3,890,000.
What are key features of this property?
This property features: New 10,000 SF flex building in core‑and‑shell condition; Supports one to four tenants with 2,275–4,745 SF available for lease; Located at the northeast corner of I‑25 and Highway 119 in Firestone
