Downtown Littleton Redevelopment
5500 S Sycamore St Littleton, CO 80120
5500 S Sycamore St, Littleton, CO, 80120
$5,250,000
Pending
For Sale
$5,250,000
Pending
Rare 10.94-acre site with two buildings near Main Street.
Property Size26,932 SF
Lot Size0.83 Acres
Days on Market134
Property Features for 5500 S Sycamore St
General Information
- Standard status
- Pending
- Size
- 26,932 SF
- Lot size
- 0.83 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1980
Listing agency
CBRE - Denver Downtown
(303) 628-1787
Listed by
Colton Reimer · License #100090094
(303) 628-1787
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:06PM Checked: Jul 21 at 6:15AM
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 CBRE - Denver Downtown
Investment Insights
Based on property information with market context.
This property presents a redevelopment opportunity in Downtown Littleton, encompassing multiple parcels totaling approximately 10.94 acres. The site includes two buildings with a combined area of approximately 26,932 square feet and ample parking. The location is just two blocks from Main Street, providing access to retail, dining, and cultural amenities, as well as proximity to light rail. Both buildings are well-maintained and currently configured for behavioral health and medical use, making them suitable for owner-users seeking a turnkey solution. A short-term leaseback option is available, offering flexibility and potential income during transition. The additional parcel allows for future adaptability for site planning or expansion.
Key Highlights
- Prime Downtown Littleton location, just two blocks from Main Street, with access to retail, dining, and cultural amenities.
- Large ±0.94 acre site with two well‑maintained buildings totaling ±26,932 SF and ample parking.
- Ideal for owner‑users seeking a turnkey solution, currently configured for behavioral health and medical use.
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 | $753.0k | $27.96 |
| − Vacancy | −$127.3k | −$4.73 |
| EGI | $625.8k | $23.23 |
| − OpEx | −$156.4k | −$5.81 |
| NOI | $469.3k | $17.43 |
26,932 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$6.70M
$5.87M – $7.82M
NOI $469,319 @ 7.0% cap · market cap 8.94%
Second Best
Healthcare Medical
$5.52M
$4.83M – $6.44M
NOI $386,514 @ 7.0% cap · market cap 7.36%
Theoretical Best
Office A
$9.25M
$8.09M – $10.79M
NOI $647,544 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. David A. Iverson, ...
Physician
Cynthia Jackson, Psychotherapy
Medical Clinic
Dr. Richard W. ...
Physician
Dr. Paul Dobransky
Physician
AllHealth Network
Crisis Center
Similar For Sale Nearby
Similar Off Market Nearby
- Woodlawn Veterinary Hospital — 1500 W Littleton Blvd # 116, Littleton, CO 80120
- VCA Littleton Animal Hospital — 2640 W Belleview Ave #200, Littleton, CO 80123
- Macmillan Randa DVM — 2640 W Belleview Ave # 200, Littleton, CO 80123
- Mobile Vet Fort Lee — 2610 W Belleview Ave, Littleton, CO 80123
- Kleczewski Joan DVM — Columbine Square Shopping Center, 5151 S Federal Blvd # H6, Littleton, CO 80123
FAQs
What type of property is this?
Medical Office Space - Rare 10.94-acre site with two buildings near Main Street.
Where is this medical office space located?
The property is located at 5500 S Sycamore St Littleton, CO.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Prime Downtown Littleton location, just two blocks from Main Street, with access to retail, dining, and cultural amenities.; Large ±0.94 acre site with two well‑maintained buildings totaling ±26,932 SF and ample parking.; Ideal for owner‑users seeking a turnkey solution, currently configured for behavioral health and medical use.
