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Virtual Drive-By

Office Depot NNN

12505 W 52ND AVE · ARVADA, CO 80002-1803 · Specialty Retail

Asking price
$4,000,000
Cap rate
6.22%
NOI
$248,921

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining—
Expiration12/2027
Rent bumps—
Options2 5-year renewal options
Ground leaseNo
Credit profileCredit Rated
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF21,238
Price / SF$188
Year built2008
Lot size—
TypeStorefront
Days on market54

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​
    • ​Single-tenant investment leased to National-Credit Tenant since 2009
    • ​NNN income stream with established operating history
    • ​Lease term through December 31, 2027
    • ​Two (2) additional 5-year renewal options
    • ​Stable in-place cash flow and occupancy history
    • ​Excellent access to I-70 and Ward Road
    • ​Located in the growing Arvada trade area
    • ​Ideal for 1031 Exchange and passive income buyers

Property overview

12505 W 52nd Avenue presents the opportunity to acquire a stabilized single-tenant net lease investment occupied by Office Depot, a nationally recognized retailer that has operated at the property since 2009.​ The property benefits from a true NNN lease structure, with the tenant responsible for property taxes, insurance, CAM expenses, utilities, and the majority of day-to-day operating costs, providing investors with predictable cash flow and minimal landlord management responsibilities and is well suited for passive investors or 1031 Exchange buyers.​ Located within the strong Arvada trade area near I-70 and Ward Road, the property benefits from excellent regional access, continued commercial growth, and the security of an institutional-quality Tenant with national brand recognition.​ND Avenue presents the opportunity to acquire a stabilized single-tenant net leased investment occupied by Office Depot, a nationally recognized retailer that has operated at the property since 2009.​ The Property benefits from a true NNN lease structure, with the tenant responsible for property taxes, insurance, CAM expenses, utilities, and the majority of day-to-day operating costs, providing investors with predictable cash flow and minimal landlord management responsibilities and is well suited for passive investors or 1031 Exchange buyers.​ Located within the strong Arvada trade area near I-70 and Ward Road, the property benefits from excellent regional access, continued commercial growth, and the security of an institutional-quality tenant with national brand recognition.​

*Please DO NOT disturb tenant.​ Contact broker for all inquiries and tours.​

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.