Office-Flex Warehouse
For Sale
Contact for pricing
5361-5399 S Alkire Cir, Littleton, CO 80127
Cold dark shell office-flex and warehouse units with varying ceiling heights, plus drive-in doors and dock-high access.
Property Size3,232 SF
Price / SF$254.20
Days on Market561
Property Features for 5361-5399 S Alkire Cir
General Information
Standard status
Active
Size
3,232 SF
Property subtype
FLEX_R_AND_D
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
highly visible signage
access to biking and hiking trails
Building Details
Tenancy
Multi
Listing Agency:
Bartell & Company
Listed By:
Dan Bartell · License #000867805
(303) 753-9100
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:01PM
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 Bartell & Company
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Investment Insights
Based on property information with market context.
These flex/industrial condo units are delivered as cold dark shell space and can be purchased or leased individually. The property offers a range of configurations for office, office-flex, lab, and warehouse use, with varying height ceilings and build-to-suit opportunities up to 250,000 SF.
Drive-in doors and dock-high loading are available in varying sizes, and the site supports highly visible signage. The property is positioned adjacent to C-470 and provides access to biking and hiking trails for day-to-day connectivity.
Units are available from smaller footprints starting at 4,000 SF up to the entire 49,307 SF, giving tenants and buyers flexibility in selecting the right size for their operational needs.
Drive-in doors and dock-high loading are available in varying sizes, and the site supports highly visible signage. The property is positioned adjacent to C-470 and provides access to biking and hiking trails for day-to-day connectivity.
Units are available from smaller footprints starting at 4,000 SF up to the entire 49,307 SF, giving tenants and buyers flexibility in selecting the right size for their operational needs.
Key Highlights
- Office‑flex and warehouse space delivered as a cold dark shell
- Units available individually from 4,000 SF up to 49,307 SF; build‑to‑suit options up to 250,000 SF
- Varying height ceilings across available units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,555
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,100
$871.1K
Cap Rate 7%
$622,214
$622.2K
Cap Rate 9%
$483,944
$483.9K
Market Conditions
NOI Build-Up for 3,232 SF
Gross rent
$65.5K $20.28/SF
− Vacancy
−$7.5K −$2.31/SF
EGI
$58.1K $17.97/SF
− OpEx
−$14.5K −$4.49/SF
NOI
$43.6K $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 Rate 5%
$871,100
Cap Rate 7%
$622,214
Cap Rate 9%
$483,944
Alternative Uses
Best Use
Office B
$622.2K
$544.4K – $725.9K
NOI $43,555 @ 7.0% cap · market cap 5.30%
Second Best
Flex RnD
$387.7K
$339.2K – $452.3K
NOI $27,136 @ 7.0% cap · market cap 3.30%
Theoretical Best
Multifamily LT 5
$7.19M
$6.29M – $8.39M
NOI $503,466 @ 7.0% cap · market cap 61.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80127, CO
44,776
Population
17,507
Households
2.6
Avg Household Size
43
Median Age
60%
College-Educated
98%
High-School Grad
66.4 sq mi
ZIP Area
674
Density / Sq Mi
$137,753
Median Household Income
$70,039
Median Earnings
$2,102
Median Rent
$663,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Cold dark shell office-flex and warehouse units with varying ceiling heights, plus drive-in doors and dock-high access.
Where is this flex space located?
The property is located at 5361-5399 S Alkire Cir Littleton, CO.
What is the asking price?
The asking price for this property is $821,574.
What are key features of this property?
This property features: Office‑flex and warehouse space delivered as a cold dark shell; Units available individually from 4,000 SF up to 49,307 SF; build‑to‑suit options up to 250,000 SF; Varying height ceilings across available units
