Two-Story Office
New
For Sale
$2,500,000
10390 Bradford Rd, Littleton, CO 80127
ADA-compliant office property with elevator service, flexible multi-tenant layout, and shared workplace amenities.
Property Size12,462 SF
Price / SF$200.61
Days on Market2
Property Features for 10390 Bradford Rd
General Information
Standard status
Active
Size
12,462 SF
Total Parking Spaces
40
Elevators
Yes
Amenities
common kitchen & break area
conference room
onsite showers and lockers
Building Details
Year Built
2002
Buildings
1
Stories
2
Building Size
12,462 SF
Tenancy
Multi
Listing Agency:
Real Broker, LLC DBA Real
Listed By:
Dawn Green · License #100066314
(303) 503-2650
Source:
Yourteamco
Added: Sep 14
Last Checked: Sep 14 at 2:40PM
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 Real Broker, LLC DBA Real
Investment Insights
Based on property information with market context.
Bradford Office Suites is a 12,462-square-foot office building at 10390 Bradford Rd in Littleton, Colorado. Built in 2002, the two-story property offers a multi-tenant arrangement with existing tenants on the second floor and space for an owner occupant on the first floor. The building includes a common kitchen and break area, conference room, showers, lockers, and elevator service within an ADA-compliant floor plan.
The property provides 40 on-site parking spaces and access to C-470 through Kipling Parkway or Chatfield Avenue. Natural light and views contribute to the interior work environment, while the configuration supports a combination of owner occupancy and established tenancy. Located in Ken Caryl Business Park, the office building is suited to users seeking dedicated workspace with shared amenities and room for multiple occupants.
The property provides 40 on-site parking spaces and access to C-470 through Kipling Parkway or Chatfield Avenue. Natural light and views contribute to the interior work environment, while the configuration supports a combination of owner occupancy and established tenancy. Located in Ken Caryl Business Park, the office building is suited to users seeking dedicated workspace with shared amenities and room for multiple occupants.
Key Highlights
- 12,462‑square‑foot office building constructed in 2002
- Two‑story layout with existing second‑floor tenants and first‑floor owner‑user space
- 40 on‑site parking spaces
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
$217,164
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
8.69%
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%
$4,343,280
$4.3M
Cap Rate 7%
$3,102,343
$3.1M
Cap Rate 9%
$2,412,933
$2.4M
Market Conditions
NOI Build-Up for 12,462 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
$348.4K $27.96/SF
− Vacancy
−$58.9K −$4.73/SF
EGI
$289.6K $23.23/SF
− OpEx
−$72.4K −$5.81/SF
NOI
$217.2K $17.43/SF
Area
Douglas County, CO
Vacancy
16.90%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
25.00%
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%
$4,343,280
Cap Rate 7%
$3,102,343
Cap Rate 9%
$2,412,933
Alternative Uses
Best Use
Office B
$3.10M
$2.71M – $3.62M
NOI $217,164 @ 7.0% cap · market cap 8.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.28M
$3.75M – $4.99M
NOI $299,632 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - ADA-compliant office property with elevator service, flexible multi-tenant layout, and shared workplace amenities.
Where is this office building located?
The property is located at 10390 Bradford Rd Littleton, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12,462‑square‑foot office building constructed in 2002; Two‑story layout with existing second‑floor tenants and first‑floor owner‑user space; 40 on‑site parking spaces
