Office-Flex Warehouse
5361-5399 S Alkire Cir Littleton, CO 80127
For Sale
Contact for pricing
Cold dark shell office-flex units with varying ceiling heights, plus drive-in and dock-high loading.
Property Size2,550 SF
Price / SF$249.20
Days on Market470
Property Features for 5361-5399 S Alkire Cir
General Information
Standard status
Active
Size
2,550 SF
Property subtype
FLEX_R_AND_D
Listing Agency:
Bartell & Company
(303) 753-9100
Listed By:
Dan Bartell · License #000867805
(303) 753-9100
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Jul 27
Last Checked: Jul 28 at 1:06PM
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
Investment Insights
Based on property information with market context.
This property offers office-flex, lab, and warehouse condo units, including office and build-to-suit options. Individual units may be purchased or leased, with sizes available from a minimum individual footprint up to the entire portfolio. All units are delivered as a cold dark shell, with varying height ceilings. Loading features include drive-in doors and dock-high doors in varying sizes.
Highly visible signage is available, and the property is adjacent to C-470. The site also provides access to biking and hiking trails.
Build-to-suit opportunities are available up to 250,000 SF, allowing flexibility for tenants or buyers seeking a customized layout while maintaining the same cold dark shell delivery concept for new improvements.
Highly visible signage is available, and the property is adjacent to C-470. The site also provides access to biking and hiking trails.
Build-to-suit opportunities are available up to 250,000 SF, allowing flexibility for tenants or buyers seeking a customized layout while maintaining the same cold dark shell delivery concept for new improvements.
Key Highlights
- Office‑flex condo units delivered as a cold dark shell (4,000 SF units up to the full 49,307 SF)
- Build‑to‑suit opportunities available up to 250,000 SF
- Varying height ceilings throughout the office‑flex space
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 | $71.3k | $27.96 |
| − Vacancy | −$12.0k | −$4.73 |
| EGI | $59.2k | $23.23 |
| − OpEx | −$14.8k | −$5.81 |
| NOI | $44.4k | $17.43 |
2,550 SF · lease $27.96/SF/yr · vacancy 16.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$634.8K
$555.5K – $740.6K
NOI $44,436 @ 7.0% cap · market cap 6.99%
Second Best
Industrial
$519.9K
$454.9K – $606.5K
NOI $36,390 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$875.9K
$766.4K – $1.02M
NOI $61,311 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Cold dark shell office-flex units with varying ceiling heights, plus drive-in and dock-high loading.
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 $635,460.
What are key features of this property?
This property features: Office‑flex condo units delivered as a cold dark shell (4,000 SF units up to the full 49,307 SF); Build‑to‑suit opportunities available up to 250,000 SF; Varying height ceilings throughout the office‑flex space
