Converted Industrial Office
For Sale
Contact for pricing
1050 Yuma Street, Denver, CO 80204
Two above-grade floors plus a finished lower level create move-in-ready office space with private rear parking.
Property Size19,019 SF
Price / SF$362.80
Days on Market112
Property Features for 1050 Yuma Street
General Information
Standard status
Active
Size
19,019 SF
Total Parking Spaces
23
Property subtype
Office, Industrial
Zoning
I-B
Investment Type
Owner/User
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1963
Stories
3
Listing Agency:
The Henry Group LLC
Listed By:
Boston Weir · License #CO FA.100075124
(720) 638-5520
Source:
Crexi
Added: Jun 19
Changed: Sep 24
Last Checked: Oct 7 at 11:13AM
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 The Henry Group LLC
Investment Insights
Based on property information with market context.
This fully built-out office building was converted from industrial roots into modern workspace. The property includes two above-grade floors and a finished lower level, with efficient, move-in-ready layouts designed for office use. A private rear parking lot supports on-site access and daily convenience.
The building is located in the Denver metro area at the intersection area of I-25 and 8th Avenue, with convenient access throughout the corridor. It is also described as being just a block from the proposed new Denver Broncos stadium site at Burnham Yard.
With its established interior build-out and multi-level configuration, the property is well suited to an owner-user seeking a ready-to-operate office building, or an investor looking for a complete office improvement rather than a raw shell. The combination of finished office space and private parking can support a straightforward tenant move-in and ongoing day-to-day operations.
The building is located in the Denver metro area at the intersection area of I-25 and 8th Avenue, with convenient access throughout the corridor. It is also described as being just a block from the proposed new Denver Broncos stadium site at Burnham Yard.
With its established interior build-out and multi-level configuration, the property is well suited to an owner-user seeking a ready-to-operate office building, or an investor looking for a complete office improvement rather than a raw shell. The combination of finished office space and private parking can support a straightforward tenant move-in and ongoing day-to-day operations.
Key Highlights
- Office building built in 1963 with two above‑grade floors plus a finished lower level
- Converted from industrial roots into fully built‑out, move‑in‑ready office space
- Finished lower level with efficient layouts designed for office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$278,666
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,573,320
$5.6M
Cap Rate 7%
$3,980,943
$4.0M
Cap Rate 9%
$3,096,289
$3.1M
Market Conditions
NOI Build-Up for 19,019 SF
Gross rent
$502.1K $26.40/SF
− Vacancy
−$130.5K −$6.86/SF
EGI
$371.6K $19.54/SF
− OpEx
−$92.9K −$4.88/SF
NOI
$278.7K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,573,320
Cap Rate 7%
$3,980,943
Cap Rate 9%
$3,096,289
Alternative Uses
Best Use
Office B
$3.98M
$3.48M – $4.64M
NOI $278,666 @ 7.0% cap · market cap 4.04%
Second Best
Flex RnD
$2.53M
$2.22M – $2.96M
NOI $177,424 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$6.05M
$5.30M – $7.06M
NOI $423,810 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,205
Businesses Nearby
Explore this area
Business Placement
Demographics for 80204, CO
35,269
Population
18,378
Households
1.9
Avg Household Size
33
Median Age
51%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$79,265
Median Household Income
$58,860
Median Earnings
$1,724
Median Rent
$579,900
Median Home Value
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Market
Vacancy Rate% for Office in Denver, CO
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Frequently Asked Questions
What type of property is this?
Office building - Two above-grade floors plus a finished lower level create move-in-ready office space with private rear parking.
Where is this office building located?
The property is located at 1050 Yuma Street Denver, CO.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Office building built in 1963 with two above‑grade floors plus a finished lower level; Converted from industrial roots into fully built‑out, move‑in‑ready office space; Finished lower level with efficient layouts designed for office use
