5350 DTC Pkwy, Greenwood Village, CO
Two-story office building in a prime Denver Tech Center location.
- Added:
- Jul 13, 2024
- Days on Market:
- 702
- Last Refresh:
- May 20 at 8:43 pm
Property Features for 5350 DTC Pkwy
General Information
- Standard status
- Active
- Size
- 17,750 SF
- Lot size
- 0.78 Acres
- Property subtype
- OFFICE
Listing agent Mike Wafer, SIOR (303) 523-2560
Listing office Newmark | Denver (303) 523-2560
Listing date Jul 13, 2024
Source Moodyscre
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 Newmark | Denver
HighLights
- Prime DTC (Denver Tech Center) location
- Flexibility for owner/user due to short‑term leases
- Walking distance to Orchard Station light rail stop
- Benefit from monument signage
- 2‑story building with finished garden level
Overview
Local 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 | $315.2k | $17.76 |
| − Vacancy | −$56.4k | −$3.18 |
| EGI | $258.8k | $14.58 |
| − OpEx | −$64.7k | −$3.65 |
| NOI | $194.1k | $10.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Greenwood Village
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.896
- Latitude
- 39.6189
