Creative Office With Rooftop
12245 N Pecos Street Unit 400, Denver, CO 80234
For Sale
$1,269,600
Two-floor workspace features finished interiors and mountain views.
Property Size2,760 SF
Price / SF$460
Days on Market146
Property Features for 12245 N Pecos Street Unit 400
General Information
Standard status
Size
Net Rentable
Property subtype
Additional Details
Floor
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
high-end finishes
private rooftop balcony
Building Details
Building Size
Year Built
Listing Agency:
Real Broker, LLC DBA Real
Listed By:
Jordan Terrell
Source:
Northmetrorealty
Added: Jun 17
Changed: Nov 8
Last Checked: Nov 8 at 3:30PM
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 Real Broker, LLC DBA Real
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Investment Insights
Based on property information with market context.
This 2,760-square-foot creative office suite spans the first and second floors, with high-end finishes and a private rooftop balcony. Built in 2020, the property offers a multi-level workspace configuration with views of the mountains.
Key Highlights
- 2,760‑square‑foot creative office suite
- Office space arranged across the first and second floors
- Private rooftop balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,440
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,800
$808.8K
Cap Rate 7%
$577,714
$577.7K
Cap Rate 9%
$449,333
$449.3K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$72.9K $26.40/SF
− Vacancy
−$18.9K −$6.86/SF
EGI
$53.9K $19.54/SF
− OpEx
−$13.5K −$4.88/SF
NOI
$40.4K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,800
Cap Rate 7%
$577,714
Cap Rate 9%
$449,333
Alternative Uses
Best Use
Office B
$577.7K
$505.5K – $674.0K
NOI $40,440 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$878.6K
$768.8K – $1.03M
NOI $61,503 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
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Business Placement
Demographics for 80234, CO
29,660
Population
12,814
Households
2.3
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,237
Density / Sq Mi
$88,714
Median Household Income
$50,926
Median Earnings
$1,772
Median Rent
$493,900
Median Home Value
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Market
Properties on Market for Creative space in Denver
Vacancy Rate% for Office in Denver, CO
Frequently Asked Questions
What type of property is this?
Creative space - Two-floor workspace features finished interiors and mountain views.
Where is this creative space located?
The property is located at 12245 N Pecos Street Unit 400 Denver, CO.
What is the asking price?
The asking price for this property is $1,269,600.
What are key features of this property?
This property features: 2,760‑square‑foot creative office suite; Office space arranged across the first and second floors; Private rooftop balcony
