Englewood Office Building For
98 E Inverness Drive Englewood, CO
98 E Inverness Drive, Englewood, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Office building with upgraded common areas and convenient transportation access.
Property Size38,254 SF
Lot Size2.46 Acres
Price / SF$145.08
Days on Market1912
Property Features for 98 E Inverness Drive
General Information
- Standard status
- Active
- Size
- 38,254 SF
- Lot size
- 2.46 Acres
- Property subtype
- OFFICE
Properties For Sale
at 98 E Inverness Drive Contact us
Listing agency
Colliers - Denver
(720) 317-9678
Listed by
Jeremy Reeves · License #EA.100031591
(720) 317-9678
Source
Moodyscre
Added: Apr 28, 2021 Updated: Jul 6 at 9:02AM Checked: Jul 21 at 6:59AM
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 Colliers - Denver
Investment Insights
Based on property information with market context.
This office building, located at the north entry to Inverness Park, features upgraded common areas and an extensive glass line. The property benefits from its proximity to the Dry Creek interchange and offers quick access to I-25, C/E-470, and south suburban areas. A network operating center and backup generator are present. The location is within walking distance of light rail and Vallagio retail. Showers and lockers are available. Flexible lease terms are available for this 38,254 square foot property.
Key Highlights
- Walking distance to light rail and Vallagio retail
- Quick access to I‑25, C/E‑470, and south suburban suburbs
- Located at north entry to amenity rich Inverness Park
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 | $679.4k | $17.76 |
| − Vacancy | −$121.6k | −$3.18 |
| EGI | $557.8k | $14.58 |
| − OpEx | −$139.4k | −$3.65 |
| NOI | $418.3k | $10.94 |
38,254 SF · lease $17.76/SF/yr · vacancy 17.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.98M
$5.23M – $6.97M
NOI $418,335 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$567.95M
$496.96M – $662.61M
NOI $39,756,477 @ 7.0% cap · market cap 716.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ProLink Solutions
(Bike/Boat/Book/etc) Store
Procorem
(Bike/Boat/Book/etc) Store
Pristine Screens
Marketing & Advertising
Law Mother Asset ...
Law Firm
Rize Construction LLC
Construction Company
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FAQs
What type of property is this?
Office building - Office building with upgraded common areas and convenient transportation access.
Where is this office building located?
The property is located at 98 E Inverness Drive Englewood, CO.
What is the asking price?
The asking price for this property is $5,550,000.
What are key features of this property?
This property features: Walking distance to light rail and Vallagio retail; Quick access to I‑25, C/E‑470, and south suburban suburbs; Located at north entry to amenity rich Inverness Park
