Two-Building Office
For Sale
$995,000
30596 Bryant Dr, Evergreen, CO 80439
Two buildings with office space, including a two-floor structure and a one-floor layout that’s dog groomer friendly.
Property Size5,408 SF
Days on Market136
Property Features for 30596 Bryant Dr
General Information
Standard status
Active
Size
5,408 SF
Class
C
Property subtype
Other Office
Building Details
Building Size
5,408 SF
Year Built
1979
Listing Agency:
Evergreen Commercial Group LLC
(303) 838-2000
Listed By:
William Downes · License #FA40043918
(303) 838-2000
Source:
Thebrokerlist
Added: Apr 9
Changed: Aug 8
Last Checked: Aug 22 at 3:37AM
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 Evergreen Commercial Group LLC
Investment Insights
Based on property information with market context.
This offering includes two office buildings: one building with two floors and a second building with a single floor. Both are presented as commercial structures suitable for office uses, with the one-floor building specifically described as dog groomer friendly.
The property is located in a light industrial area of Evergreen, supporting a practical mix of day-to-day commercial activity.
The configuration is straightforward, with separate buildings providing flexibility in how space is occupied or managed.
The property is located in a light industrial area of Evergreen, supporting a practical mix of day-to-day commercial activity.
The configuration is straightforward, with separate buildings providing flexibility in how space is occupied or managed.
Key Highlights
- Two buildings on one property, including a two‑floor structure and a one‑floor layout
- Office space included in both buildings
- Dog groomer friendly setup
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,879
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,580
$1.5M
Cap Rate 7%
$1,041,129
$1.0M
Cap Rate 9%
$809,767
$809.8K
Market Conditions
NOI Build-Up for 5,408 SF
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.
Gross rent
$109.7K $20.28/SF
− Vacancy
−$12.5K −$2.31/SF
EGI
$97.2K $17.97/SF
− OpEx
−$24.3K −$4.49/SF
NOI
$72.9K $13.48/SF
Area
Jefferson County, CO
Vacancy
11.40%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,580
Cap Rate 7%
$1,041,129
Cap Rate 9%
$809,767
Alternative Uses
Best Use
Office B
$1.04M
$911.0K – $1.21M
NOI $72,879 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.03M
$10.53M – $14.04M
NOI $842,433 @ 7.0% cap · market cap 84.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Explore this area
Business Placement
Demographics for 80439, CO
24,711
Population
11,137
Households
2.2
Avg Household Size
49
Median Age
71%
College-Educated
98%
High-School Grad
168.8 sq mi
ZIP Area
146
Density / Sq Mi
$152,156
Median Household Income
$67,162
Median Earnings
$1,870
Median Rent
$838,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two buildings with office space, including a two-floor structure and a one-floor layout that’s dog groomer friendly.
Where is this office building located?
The property is located at 30596 Bryant Dr Evergreen, CO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two buildings on one property, including a two‑floor structure and a one‑floor layout; Office space included in both buildings; Dog groomer friendly setup
