Office Building with Highway
For Sale
Contact for pricing
1165 Pennsylvania St, Denver, CO 80210
Office building with signage and visibility exposure to I-25 traffic.
Property Size15,603 SF
Price / SF$285.20
Days on Market633
Property Features for 1165 Pennsylvania St
General Information
Standard status
Active
Size
15,603 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Public Transit
Yes
Listing Agency:
Madison Commercial Properties
(303) 895-9855
Listed By:
Brandon Gouker · License #40047821
(303) 895-9855
Source:
Moodyscre
Added: Nov 7, 2024
Changed: Jul 30
Last Checked: Aug 1 at 8:12AM
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 Madison Commercial Properties
Investment Insights
Based on property information with market context.
1165 Pennsylvania St is an office building totaling 15,603 SF, positioned for strong street-level exposure. The property features I-25 visibility and signage, supported by reported traffic of 200k+ vehicles per day.
The site is walkable to South Pearl Street, approximately a 10-minute walk away, and is about 1.5 blocks from the Light Rail Station at Louisiana & Pearl. Nearby amenities include Wash Park and the University of Denver.
The site is walkable to South Pearl Street, approximately a 10-minute walk away, and is about 1.5 blocks from the Light Rail Station at Louisiana & Pearl. Nearby amenities include Wash Park and the University of Denver.
Key Highlights
- 15,603 SF office building at 1165 Pennsylvania St
- I‑25 visibility and signage with 200k+ vehicles per day
- Approximately a 10‑minute walk to South Pearl Street
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $411.9k | $26.40 |
| − Vacancy | −$107.1k | −$6.86 |
| EGI | $304.8k | $19.54 |
| − OpEx | −$76.2k | −$4.88 |
| NOI | $228.6k | $14.65 |
15,603 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.27M
$2.86M – $3.81M
NOI $228,615 @ 7.0% cap · market cap 5.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.97M
$4.35M – $5.79M
NOI $347,690 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8,282
Businesses Nearby
Explore this area
Business Placement
Demographics for 80210, CO
39,394
Population
18,496
Households
2.1
Avg Household Size
33
Median Age
76%
College-Educated
99%
High-School Grad
6.1 sq mi
ZIP Area
6,458
Density / Sq Mi
$120,156
Median Household Income
$61,607
Median Earnings
$1,963
Median Rent
$870,500
Median Home Value
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building with signage and visibility exposure to I-25 traffic.
Where is this office building located?
The property is located at 1165 Pennsylvania St Denver, CO.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: 15,603 SF office building at 1165 Pennsylvania St; I‑25 visibility and signage with 200k+ vehicles per day; Approximately a 10‑minute walk to South Pearl Street
