12th-Floor Office
1203-1800 Glenarm Pl Denver, CO 80204
1203-1800 Glenarm Pl, Denver, CO, 80204
$380,205
For Sale
$380,205
12th-floor suite includes four private offices, reception, kitchenette, and a meeting area within secured access.
Property Size1,491 SF
Price / SF$255
Days on Market735
Property Features for 1203-1800 Glenarm Pl
General Information
- Standard status
- Active
- Size
- 1,491 SF
Listing agency
Keller Williams Advantage Realty LLC
(303) 579-9428
Listed by
Ryan Devin · License #FA100048479,CO
(303) 579-9428
Source
Exprealty
Added: Jul 19, 2024 Updated: Jul 22 at 2:33AM Checked: Jul 22 at 2:33AM
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 Keller Williams Advantage Realty LLC
Investment Insights
Based on property information with market context.
1800 Glenarm presents a modern office suite on the 12th floor with city views. The interior layout includes four private offices, a reception area, a kitchenette, and a meeting area, and the suite features a corner office.
The building offers secured entry and an elevator system. Additional building amenities referenced include common fitness center and conference rooms.
This office suite is positioned in Denver’s Central Business District, with strong walk and transit accessibility as described in the remarks, supporting convenient day-to-day access for employees and visitors.
The building offers secured entry and an elevator system. Additional building amenities referenced include common fitness center and conference rooms.
This office suite is positioned in Denver’s Central Business District, with strong walk and transit accessibility as described in the remarks, supporting convenient day-to-day access for employees and visitors.
Key Highlights
- 1,491 SF 12th‑floor office suite for sale or lease in 1800 Glenarm
- Suite includes four private offices, reception area, kitchenette, and meeting area
- Corner office within the suite plus secured entry and elevator system
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 | $39.4k | $26.40 |
| − Vacancy | −$10.2k | −$6.86 |
| EGI | $29.1k | $19.54 |
| − OpEx | −$7.3k | −$4.88 |
| NOI | $21.8k | $14.65 |
1,491 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$312.1K
$273.1K – $364.1K
NOI $21,846 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$474.6K
$415.3K – $553.8K
NOI $33,225 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - 12th-floor suite includes four private offices, reception, kitchenette, and a meeting area within secured access.
Where is this office units located?
The property is located at 1203-1800 Glenarm Pl Denver, CO.
What is the asking price?
The asking price for this property is $380,205.
What are key features of this property?
This property features: 1,491 SF 12th‑floor office suite for sale or lease in 1800 Glenarm; Suite includes four private offices, reception area, kitchenette, and meeting area; Corner office within the suite plus secured entry and elevator system
