825 Logan St, Denver, CO
Office building for sale in Denver's vibrant Capitol Hill.
- Added:
- Feb 12, 2024
- Days on Market:
- 856
- Last Refresh:
- May 20 at 9:04 pm
Property Features for 825 Logan St
General Information
- Standard status
- Active
- Size
- 9,168 SF
- Lot size
- 0.14 Acres
- Property subtype
- OFFICE
Listing agent Jason Bollhoefner License #FA.040023622 (303) 550-5200
Listing office Benchmark Commercial, LLC (303) 550-5200
Listing date Feb 12, 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 Benchmark Commercial, LLC
HighLights
- Located in the vibrant and eclectic Capitol Hill neighborhood of Denver, Colorado.
- Lot size of 6,098 SF (0.14 Acres).
- Governors Park is located within the Capitol Hill area.
- Central air conditioning.
- Appealing destination for commercial real estate ventures.
- Nestled in the heart of Denver, Colorado.
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 | $242.0k | $26.40 |
| − Vacancy | −$62.9k | −$6.86 |
| EGI | $179.1k | $19.54 |
| − OpEx | −$44.8k | −$4.88 |
| NOI | $134.3k | $14.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.983
- Latitude
- 39.7296
