Flex Space
5361-5399 S Alkire Cir Littleton, CO
5361-5399 S Alkire Cir, Littleton, CO, 00000
Contact for pricing
For Sale
Contact for pricing
Condo units for sale or lease, from 4,000 SF.
Property Size4,244 SF
Lot Size3.42 Acres
Price / SF$260.79
Days on Market461
Property Features for 5361-5399 S Alkire Cir
General Information
- Standard status
- Active
- Size
- 4,244 SF
- Lot size
- 3.42 Acres
- Property subtype
- FLEX_R_AND_D
Listing Agency
Bartell & Company
(303) 753-9100
Listed by
Dan Bartell
(303) 753-9100
Source
Moodyscre
Added: Apr 16, 2025 Checked: Jul 20 at 2:03 am
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 Bartell & Company
Investment Insights
Based on property information with market context.
This property offers condo units suitable for office, flex, lab, or warehouse use. Units are available for purchase or lease individually, starting at 4,000 square feet and scaling up to the entire 49,307 square foot building. Build-to-suit opportunities are also available up to 250,000 square feet. All units are delivered as a cold dark shell. The property features varying ceiling heights, drive-in doors, and dock-high doors of varying sizes. Highly visible signage is available, and the property is adjacent to C-470. It also provides access to biking and hiking trails.
Key Highlights
- Flexible Space: Purchase or lease units from 4,000 SF up to 49,307 SF, with build‑to‑suit opportunities up to 250,000 SF.
- Versatile Property: Suitable for condo, office, office‑flex, lab, warehouse, or build‑to‑suit purposes.
- Prominent Signage: Highly visible signage available for business exposure.
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 | $118.7k | $27.96 |
| − Vacancy | −$20.1k | −$4.73 |
| EGI | $98.6k | $23.23 |
| − OpEx | −$24.7k | −$5.81 |
| NOI | $74.0k | $17.43 |
4,244 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.06M
$924.5K – $1.23M
NOI $73,956 @ 7.0% cap · market cap 6.68%
Second Best
Industrial
$865.2K
$757.1K – $1.01M
NOI $60,564 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,041 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Condo units for sale or lease, from 4,000 SF.
Where is this flex space located?
The property is located at 5361-5399 S Alkire Cir Littleton, CO.
What is the asking price?
The asking price for this property is $1,106,774.
What are key features of this property?
This property features: Flexible Space: Purchase or lease units from 4,000 SF up to 49,307 SF, with build‑to‑suit opportunities up to 250,000 SF.; Versatile Property: Suitable for condo, office, office‑flex, lab, warehouse, or build‑to‑suit purposes.; Prominent Signage: Highly visible signage available for business exposure.
